02
Jul
13:57
Interpipe revenue, profit increase in first quarter
Ukrainian pipe and railway products manufacturer Interpipe saw revenue increase in the first quarter.
It rose 11.3% on-year to $255.14 million, while profit was up 28.4% to $73.4m, Kallanish notes. Ebitda increased by 6.6% to $74.14m and capital investment surged 3.9-fold to $13m.
The firm did not provide Q1 tonnages.
Interpipe plans to build a second stage at the Interpipe Steel electric steelmaking complex and a rolling mill for the production of "gr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous