Ukrainian pipemakers have restarted production in February as stocks have begun to run out and as the markets continue to show a revival.
Thus, in the current month Dnepropetrovsk Pipe Works has restarted production of welded pipes, which had been halted in November 2008, due to low demand. Accordingly, during February, the plant is to produce about 1,500 mt of pipes, for which it has already received orders.
Moreover, in the middle of February Interpipe's Nikopol-based subsidiary Niko Tube intends to restart production of seamless pipes, while the local steel producer Ilyich Iron and Steel Works of Mariupol plans to recommence production of seamless pipes in the last third of February.
According to Derzhzovnishinform, the Ukrainian governmental center which monitors the external markets, in February the interest of Russian buyers in purchases of Ukrainian pipes approximately doubled and almost exceeds the overall production capacity of Ukraine.