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OPEN JOINT STOCK COMPANY INTERPIPE NIZHNEDNEPROVSKY TUBE ROLLING PLANT

(NITR)
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Open Joint Stock Interpipe Nizhnedneprovsky Tube Rolling Plant : 2021-09-17 - Interpipe releases report on operations for August 2021

09/17/2021 | 03:52am EST

PRESS RELEASE

September 17, 2021

Interpipe releases its report on operations for August 2021

Interpipe, a global producer of steel pipes and railway products, has released (via Interpipe Holdings Plc) its monthly report on operations for August 2021.

Highlights

In August 2021, a growth of the Company's trading activity both in the pipe and railway product segment resumed after a seasonal slowdown in July.

Overall pipe product sales surged of 23.9% m-o-m which resulted in a 15.5% y-o-y growth for the first eight months of 2021.

OCTG sales hit a new peak in August and rose by 29.5% m-o-m1 primarily driven by a robust demand in the MENA region. Sales volumes for the first eight months surpassed the results of the same period of the last year by 76.5%.

Linepipe sales volume gained 13.8% m-o-m amid a growth across all key regions: the MENA, CIS, Ukraine.

Mechanical pipe sales hiked by 19.6% m-o-m amid record-high sales of boiler pipes and cold-rolled pipes in the domestic market.

Welded pipe sales boosted by 87.1% m-o-m on the back of downturn in the HRC market price dynamics which effectively resurrected global demand for welded pipes - e.g. sales to Europe more than tripled m-o-m.

Sales volumes of railway products grew by 10.3% m-o-m fueled by higher deliveries to India and Turkey. For the first eight months 2021 sales volumes of railway products subdued by 15.5% y-o-y.

1. The July figure of OCTG sales was revised down after an ultimate verification

Report On Operations

July

August

8 months

8 months

Change

#

Product

2021

20213

2020

2021

Thousand tons

% m-o-m

For 8 months

2020, % y-o-y

Production

1.

Steel

77,7

95,4

513,8

630,4

22,9%

22,7%

2.

Pipes, o/w:

55,0

60,0

308,3

377,1

9,3%

22,3%

2.1.

Seamless, o/w:

53,1

54,3

255,8

342,6

2,4%

33,9%

2.1.1.

OCTG

22,0

22,0

52,0

117,2

0,0%

125,2%

2.1.2.

Linepipe

28,6

29,9

191,7

209,7

4,5%

9,4%

2.1.3.

Mechanical

2,5

2,5

12,1

15,8

-0,9%

29,8%

2.2.

Welded

1,9

5,7

52,5

34,5

206,4%

-34,3%

3.

Railway products

15,5

15,2

130,0

112,7

-2,1%

-13,4%

3.1.

Wheels1

12,9

12,8

114,4

93,9

-0,7%

-17,9%

3.2.

Wheelsets1

2,0

2,1

11,3

15,3

3,4%

35,0%

3.3.

Axles1

0,4

0,3

2,8

2,6

-3,2%

-7,3%

3.4.

Tyres

0,3

0,0

1,2

0,9

-100,0%

-41,7%

Sales

1.

Steel2

8,0

3,6

24,4

41,4

-54,6%

70,0%

2.

Pipes, o/w:

44,9

55,7

309,9

358,0

23,9%

15,5%

2.1.

Seamless, o/w:

42,0

50,2

255,5

323,4

19,5%

26,6%

2.1.1.

OCTG

14,5

18,8

58,7

103,6

29,5%

76,5%

2.1.2.

Linepipe

25,5

29,0

185,1

205,0

13,8%

10,7%

2.1.3.

Mechanical

2,0

2,4

11,7

14,9

19,6%

27,0%

2.2.

Welded

2,9

5,5

54,4

34,6

87,1%

-36,4%

3.

Railway products

13,2

14,6

131,3

111,0

10,3%

-15,5%

3.1.

Wheels1

10,9

12,2

114,1

91,3

11,9%

-20,0%

3.2.

Wheelsets1

1,8

2,0

13,4

16,2

10,4%

21,4%

3.3.

Axles1

0,2

0,4

2,4

2,5

69,3%

4,7%

3.4.

Tyres

0,3

0,0

1,5

0,9

-100,0%

-35,8%

TOTAL

66,1

73,8

465,6

510,4

11,7%

9,6%

1. Wheels and axles are inter alia utilized as components (semi-products) for wheelset production

2. For steel - only external sales

3. The figures for the month are operational data and might be subject to further updates following ultimate accounting verifications of primary documents

2

Regional Sales Data. Pipe products

August 2021. Pipes sales by region, th.tons

8m 2021. Pipes sales by region, th.tons

Regional Sales Data. Railway products

August 2020. Railway products sales by region, th.tons

8m 2021. Railway products sales by region, th.tons

3

About the company:

Interpipe is global producer of steel pipes and railway products, based in Ukraine. The company's products are marketed in more than 80 countries all around the world via the network of sales offices located in key markets of Ukraine, Europe, North America and the Middle East.

IR contact details:

Andrii Okolnych

Head of Investor Relations

Phone: +380 44 233 68 21

E-mail: ir@m.interpipe.biz

4

Disclaimer

INTERPIPE Nyzhnodniprovsky Tube-Rolling Plant PJSC published this content on 17 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2021 07:51:03 UTC.


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Managers and Directors
Serhiy Oleksiyovych Kostenko Chairman-Management Board & Chief Engineer
Serhiy Volodymyrovych Kuzmenko Director-Finance & Economy
Fadi Khraybe Chairman-Supervisory Board
Oleh Ivanovych Portretnyi Director-Administrative & Economic Issues
Volodymyr Volodymyrovych Babenko Independent Member-Supervisory Board
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