NPR Increases Pipe Production 11.8% In 10M05.

During Jan-Oct 2005 Nyzhniodniprovskyi Pipe (NITR: BUY) increased its pipe production to 449.45 ths mt. At the same time its rail wheel and rim output fell by 20% to 193.6 ths mt. Concorde Capital: NPR is focusing on pipes due to strong demand this year. The company?s in-house steel production was 618.53 ths mt in 10M05, up 2.5% yoy. This steel is used as a feedstock for its pipes and wheel manufacturing, which allows the company to save on raw material expenses.