30
May
13:01
Interpipe eyes improved 2023 results after 2022 slump
Ukrainian pipe and railway products manufacturer Interpipe decreased production in 2022 due to the ongoing Russian invasion of Ukraine.
The company reduced crude steel production by 39% on-year to 595,000 tonnes, Kallanish notes. Pipe output declined by 36% to 393,000t and railway products by 51% to 84,000t. Product sales last year fell by 37% to 524,000t.
Interpipe also saw revenue fall in 2022 by 13% on-year to $981 million and Ebitda declined by 11% to $2…
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Anonymous
Very good overview of the weekly steel market.
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