PRESS RELEASE
October 20, 2021
Interpipe releases its report on operations for September 2021
Interpipe, a global producer of steel pipes and railway products, has released (via Interpipe Holdings Plc) its monthly report on operations for September 2021.
Highlights
In September 2021, the Company's trading activity in both segments continued exhibiting a steady growth.
Overall pipe product salesgrew up by 8.3% m-o-m and were by 16.8% y-o-y higher for the first three quarters.
OCTG saleshit another peak in September, having surged by 20.3% m-o-m amid a growing OCTG consumption across all key markets driven by the rising number of active rigs, stable oil prices and positive outlook for global oil demand. Sales volumes for the first nine months outperformed figures for the corresponding period of the last year by 98.6%.
Linepipe sales volumegained 4.1% m-o-m on the back of a robust demand globally. Sales volumes for the first three quarters of 2021 went up by 6.5% y-o-y.
Mechanical pipe saleshiked by 19.4% m-o-m mainly amid higher shipments of cold-rolled pipes to Saudi Arabia.
Welded pipe salesdeclined by 15.8% m-o-m due to lower supplies of small diameter pipes to Europe after a surge last month.
Sales volumes of railway productsexhibited a 17.0% m-o-m growth fueled by a growth in sales in Ukraine and Europe. For the first nine months of 2021 sales volumes of railway products subdued by 13.1% y-o-y.
Report On Operations
August | September | 9 months | 9 months | Change | |||||||||||||||||||
# | Product | 2021 | 20213 | 2020 | 2021 | ||||||||||||||||||
Thousand tons | % m-o-m | For 9 months | |||||||||||||||||||||
2020, % y-o-y | |||||||||||||||||||||||
Production | |||||||||||||||||||||||
1. | Steel | 95,1 | 96,9 | 578,4 | 727,0 | 1,9% | 25,7% | ||||||||||||||||
2. | Pipes, o/w: | 60,0 | 66,3 | 349,7 | 443,3 | 10,4% | 26,8% | ||||||||||||||||
2.1. | Seamless, o/w: | 54,3 | 59,4 | 289,2 | 402,0 | 9,5% | 39,0% | ||||||||||||||||
2.1.1. | OCTG | 21,9 | 26,3 | 55,9 | 143,4 | 20,4% | 156,5% | ||||||||||||||||
2.1.2. | Linepipe | 29,9 | 30,6 | 219,7 | 240,3 | 2,5% | 9,4% | ||||||||||||||||
2.1.3. | Mechanical | 2,5 | 2,5 | 13,6 | 18,2 | -2,0% | 34,1% | ||||||||||||||||
2.2. | Welded | 5,7 | 6,8 | 60,5 | 41,3 | 19,3% | -31,7% | ||||||||||||||||
3. | Railway products | 15,2 | 14,9 | 145,7 | 127,6 | -1,7% | -12,5% | ||||||||||||||||
3.1. | Wheels1 | 12,8 | 12,3 | 127,7 | 106,2 | -3,6% | -16,8% | ||||||||||||||||
3.2. | Wheelsets1 | 2,1 | 2,0 | 13,2 | 17,2 | -4,0% | 30,9% | ||||||||||||||||
3.3. | Axles1 | 0,3 | 0,3 | 3,1 | 2,9 | -8,1% | -6,3% | ||||||||||||||||
3.4. | Tyres | 0,0 | 0,3 | 1,8 | 1,2 | -100,0% | -32,4% | ||||||||||||||||
Sales | |||||||||||||||||||||||
1. | Steel2 | 3,6 | 6,0 | 26,2 | 47,5 | 66,1% | 80,9% | ||||||||||||||||
2. | Pipes, o/w: | 56,3 | 60,9 | 359,2 | 419,6 | 8,3% | 16,8% | ||||||||||||||||
2.1. | Seamless, o/w: | 50,8 | 56,3 | 298,2 | 380,3 | 10,9% | 27,6% | ||||||||||||||||
2.1.1. | OCTG | 19,2 | 23,0 | 63,9 | 127,0 | 20,3% | 98,6% | ||||||||||||||||
2.1.2. | Linepipe | 29,2 | 30,4 | 221,1 | 235,5 | 4,1% | 6,5% | ||||||||||||||||
2.1.3. | Mechanical | 2,4 | 2,9 | 13,2 | 17,9 | 19,4% | 35,8% | ||||||||||||||||
2.2. | Welded | 5,5 | 4,6 | 61,1 | 39,3 | -15,8% | -35,7% | ||||||||||||||||
3. | Railway products | 14,6 | 17,1 | 147,5 | 128,1 | 17,0% | -13,1% | ||||||||||||||||
3.1. | Wheels1 | 12,2 | 14,4 | 128,3 | 105,7 | 18,5% | -17,6% | ||||||||||||||||
3.2. | Wheelsets1 | 2,1 | 2,0 | 14,5 | 18,3 | -0,9% | 25,8% | ||||||||||||||||
3.3. | Axles1 | 0,4 | 0,3 | 2,9 | 2,9 | -13,9% | 0,3% | ||||||||||||||||
3.4. | Tyres | 0,0 | 0,3 | 1,8 | 1,2 | -100,0% | -29,6% | ||||||||||||||||
TOTAL | 74,5 | 84,1 | 532,9 | 595,2 | 12,8% | 11,7% |
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
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Regional Sales Data. Pipe products
September 2021. Pipes sales by region, th.tons | 9m 2021. Pipes sales by region, th.tons |
Regional Sales Data. Railway products
September 2020. Railway products sales by region, th.tons | 9m 2021. Railway products sales by region, th.tons |
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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
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Disclaimer
INTERPIPE Nyzhnodniprovsky Tube-Rolling Plant PJSC published this content on 20 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2021 14:20:00 UTC.