Steel Pipe Production Down 0.4% yoy in 2007

———————————————————
Company, ths mt                                 2007    2006     Chg
———————————————————
Nyzhnyodniprovsk Pipe (NITR:HOLD)    596.4   586.6    1.7%
Khartsyzk Pipe (HRTR:SELL)                 508.9   595.7  -14.6%
Novomoskovsk Pipe (NVTR:HOLD)        277.2   241.2   14.9%
Dnipropetrovsk Pipe (DTRZ:HOLD)        196.8   241.6  -18.5%
Kominmet (DMZK: HOLD)                    181.4   161.1   12.6%
Other                                                  840.9   785.7    7.0%
——————————————————–
Total                                                   2609.2  2619.3   -0.4%
———————————————————
Eugene Cherviachenko: Kominmet managed to post robust numbers due to strong demand for its zinc-coated pipes and pipes manufactured at its new quality pipe-production line introduced in 2007 (see our note of January 29).