Ilyich plans to close down seamless pipe production facilities

Wednesday, 13 July 2011 09:50:49 (GMT+3)   |  
       

In July this year, Ukrainian steelmaker Ilyich Iron and Steel Works of Mariupol plans to complete the execution of seamless pipe orders prior to the permanent closure of its seamless pipe production facilities. This decision had been taken by the company management in May, citing obsolete equipment and lack of seamless pipe orders, especially from Russian customers after the implementation of antidumping duties.

In July this year, Ilyich plans to produce 500 mt of seamless pipes, five times less compared to June, and to ship around 1,000 mt of seamless pipes, including stockpiles.

However, welded pipe production is stable at the mill. Ilyich produced 1,900 mt of welded pipes in June and plans to produce around 2,000 mt of welded pipes in July thanks to strong demand in the domestic market.


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