Over the past two years, Ukrainian pipe manufacturer Interpipe has introduced more than 200 new pipe types for European customers. According to Interpipe, this achievement is the result of focused work by Ukrainian engineers who are targeting the EU market. "Europe has many niches and specific customer requirements, and we are now able to meet those," the company notes. By expanding its product portfolio, Interpipe has gained new customers in areas like micropiles, fittings, bends, and even mobile cranes.
One particular challenge was the development of pipes for manufacturing vehicle axles. Research on this project began in 2023 with 14 pilot projects, and Interpipe has now established itself among a select group of manufacturers capable of delivering such products. "Currently, we supply two of the largest European manufacturers with pipes, which, after being cut and shot-blasted, are assembled into axles for trailers and semi-trailers," the company adds. Specifications are now being developed for a third customer.
In the first half of this year, Interpipe increased its crude steel production by 24.4% to 428,000 tonnes. Pipe production rose by 23.4% to 258,000 tonnes, while output of railway products grew by 19% to 56,000 tonnes, including 42,000 railway wheels—a 20% increase.
Pipe sales rose by 35.4% from January to June compared to the previous year, reaching 264,000 tonnes. Most of these products were sent to Europe, with a 37.4% increase to 112,000 tonnes, while exports to the United States grew by 45% to 38,000 tonnes. Another 45,000 tonnes were sold on the Ukrainian market, up 2.2%.
In the first half of the year, Interpipe increased its revenue by 3.3% year-on-year to $535.77 million, while net profit rose by 5% to $128.74 million. EBITDA grew by 26.7% to $130.27 million.
Interpipe had previously announced plans to reach pre-war production levels of 70,000 tonnes per month, compared to the current production level of 50,000 tonnes per month. Approximately 80-85% of the company’s production is exported, with some product groups exceeding a 90% export rate. The main markets are the EU, the USA, and the Middle East.
