Ukrainian producer of steel pipes and railway products Interpipe reported that it’s trading activity, both in pipe and railway product segments, slowed down in October 2021 after consecutive months of continuous growth mainly due to a pattern and schedule of deliveries. Overall pipe product sales in October 2021 declined 33.9% MoM but still remained 16.6% YoY higher for the first ten months 2021OCTG sales fell by 64.2% MoM across all main markets. Supplies muted following their peak in September as some volumes were shifted to November. However, on the YoY basis for the first ten months 2021 sales volumes more than doubledLinepipe sales volume similarly contracted by 24.8% MoM after a record volume sold in September. Sales for the first ten months 2021 went up by 5.6% YoYMechanical pipe sales decreased by 25.8% MoM 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% YoYWelded pipe sales hiked by 54.6% MoM 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% YoY affected by sky-rocketed HRC prices earlier this yearSales volumes of railway products showed a MoM decline of 18.8% following lower sales to the CIS and pause in the delivery schedule to India after 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% YoY, however the gap in volumes vs 2020 has been gradually narrowing
Ukrainian producer of steel pipes and railway products Interpipe reported that it’s trading activity, both in pipe and railway product segments, slowed down in October 2021 after consecutive months of continuous growth mainly due to a pattern and schedule of deliveries. Overall pipe product sales in October 2021 declined 33.9% MoM but still remained 16.6% YoY higher for the first ten months 2021OCTG sales fell by 64.2% MoM across all main markets. Supplies muted following their peak in September as some volumes were shifted to November. However, on the YoY basis for the first ten months 2021 sales volumes more than doubledLinepipe sales volume similarly contracted by 24.8% MoM after a record volume sold in September. Sales for the first ten months 2021 went up by 5.6% YoYMechanical pipe sales decreased by 25.8% MoM 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% YoYWelded pipe sales hiked by 54.6% MoM 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% YoY affected by sky-rocketed HRC prices earlier this yearSales volumes of railway products showed a MoM decline of 18.8% following lower sales to the CIS and pause in the delivery schedule to India after 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% YoY, however the gap in volumes vs 2020 has been gradually narrowing
