Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

OPEN JOINT STOCK COMPANY INTERPIPE NIZHNEDNEPROVSKY TUBE ROLLING PLANT

(NITR)
SummaryChartsNewsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Open Joint Stock Interpipe Nizhnedneprovsky Tube Rolling Plant : 2021-11-19 - Interpipe releases report on operations for October 2021

11/19/2021 | 03:33am EST

PRESS RELEASE

November 19, 2021

Interpipe releases its report on operations for October 2021

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

Highlights

In October 2021, the Company's trading activity both in pipe and railway product segments slowed down after consecutive months of continuous growth mainly due to a pattern and schedule of deliveries

Overall pipe product salesdeclined 33.9% m-o-m but still remained 16.6% y-o-y higher for the first ten months 2021

OCTG salesfell by 64.2% m-o-m across all main markets. Supplies muted following their peak in September as some volumes were shifted to November. However, on the y-o-y basis for the first ten months 2021 sales volumes more than doubled

Linepipe sales volumesimilarly contracted by 24.8% m-o-m after a record volume sold in September. Sales for the first ten months 2021 went up by 5.6% y-o-y

Mechanical pipe sales decreased by 25.8% m-o-m driven by a decline in sales to Ukraine and Belarus. Besides, there were sales to Saudi Arabia in September which made this month a high base for comparison. Sales volumes since the start of the year had risen by 37.0% y-o-y

Welded pipe saleshiked by 54.6% m-o-m primarily amid larger supplies of small diameter pipes to Europe as well as to the domestic market. Sales for the first ten months 2021 subdued by 32.3% y-o-y affected by sky-rocketed HRC prices earlier this year

Sales volumes of railway productsshowed a m-o-m decline of 18.8% following lower sales to the CIS and pause in the delivery schedule to India (8% of total sales volumes was sold there in September). For the first ten months 2021 sales volumes of railway products underperformed by 12.7% y-o-y, however the gap in volumes vs 2020 has been gradually narrowing

Report On Operations

September

October

10 months

10 months

Change

#

Product

2021

20213

2020

2021

Thousand tons

% m-o-m

For 10 months

2020, % y-o-y

Production

1.

Steel

96,7

63,2

641,3

790,0

-34,6%

23,2%

2.

Pipes, o/w:

66,3

56,3

388,1

499,7

-15,1%

28,8%

2.1.

Seamless, o/w:

59,5

51,1

319,7

453,1

-14,2%

41,7%

2.1.1.

OCTG

26,4

19,7

60,1

163,2

-25,3%

171,6%

2.1.2.

Linepipe

30,6

29,1

244,6

269,5

-4,9%

10,2%

2.1.3.

Mechanical

2,5

2,2

15,1

20,4

-10,5%

35,4%

2.2.

Welded

6,8

5,3

68,3

46,6

-23,0%

-31,8%

3.

Railway products

14,8

14,0

161,1

141,5

-5,8%

-12,2%

3.1.

Wheels1

12,3

11,1

141,2

117,3

-9,3%

-17,0%

3.2.

Wheelsets1

2,0

2,2

14,7

19,5

13,2%

32,5%

3.3.

Axles1

0,3

0,4

3,4

3,3

12,4%

-3,8%

3.4.

Tyres

0,3

0,3

1,8

1,5

-5,8%

-16,3%

Sales

1.

Steel2

5,7

1,1

29,4

48,3

-80,7%

64,2%

2.

Pipes, o/w:

60,5

40,0

393,7

459,1

-33,9%

16,6%

2.1.

Seamless, o/w:

55,9

32,9

325,3

412,8

-41,1%

26,9%

2.1.1.

OCTG

23,1

8,3

66,9

135,3

-64,2%

102,4%

2.1.2.

Linepipe

29,9

22,5

243,8

257,5

-24,8%

5,6%

2.1.3.

Mechanical

2,9

2,2

14,6

20,0

-25,8%

37,0%

2.2.

Welded

4,6

7,1

68,4

46,3

54,6%

-32,3%

3.

Railway products

17,4

14,1

163,2

142,5

-18,8%

-12,7%

3.1.

Wheels1

14,6

11,1

141,4

116,9

-24,1%

-17,3%

3.2.

Wheelsets1

2,0

2,5

16,5

20,8

22,0%

25,7%

3.3.

Axles1

0,3

0,4

3,2

3,2

3,3%

0,9%

3.4.

Tyres

0,4

0,2

2,0

1,6

-48,6%

-20,8%

TOTAL

83,6

55,2

586,2

649,9

-33,9%

10,9%

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

October 2021. Pipes sales by region, th.tons

10m 2021. Pipes sales by region, th.tons

Regional Sales Data. Railway products

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

10m 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 19 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2021 08:32:10 UTC.


ę Publicnow 2021
All news about OPEN JOINT STOCK COMPANY INTERPIPE NIZHNEDNEPROVSKY TUBE ROLLING PLANT
01/06OPEN JOINT STOCK INTERPIPE NIZHNEDNE : Interpipe refutes the information published by Fore..
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : 2021-12-20 - Interpipe releases its report on opera..
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : 2021-12-17 - Interpipe releases IFRS consolidated f..
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : 2021-12-10 - Interpipe Holdings Plc appoints the da..
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : Interpipe made a debut supply of premiums for gas p..
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : 2021-11-19 - Interpipe releases report on operation..
PU
2021Interpipe mastered LD pipes production for machinery
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : 2021-10-20 - Interpipe releases report on operation..
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : Interpipe passed the audit of Siemens, the German m..
PU
2021OPEN JOINT STOCK INTERPIPE NIZHNEDNE : Vladyslav Varnavskyi appointed as Environmental Dir..
PU
More news
Chart OPEN JOINT STOCK COMPANY INTERPIPE NIZHNEDNEPROVSKY TUBE ROLLING PLANT
Duration : Period :
Open Joint Stock Company Interpipe Nizhnedneprovsky Tube Rolling Plant Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
Serhiy Oleksiyovych Kostenko 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
Sector and Competitors