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Pipe Makers Enjoy Strong 11M

Pipe Makers Enjoy Strong 11M

8 December 2008

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Company (in ths mt)                         11M06    11M05 Chg,yoy

—————————————————————                                                   

Nyzhnyodniprovsky Pipe  (NITR: BUY)     536.1      493     8.7%

Khartsyzk Pipe (HRTR: BUY)                  520.7      518     0.5%

Novomoskovsk Pipe (NVTR: BUY)           229.6      167    37.5%

Dnipropetrovsk Pipe (DTRZ: BUY)          225.8      204    10.7%

Kominmet (DMZK: HOLD)                     146.7      115    27.6%

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Total Ukraine                                    2412.9   2124.5    13.6%

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