Interpipe’s investments are aimed at supporting the global market.
Ukrainian pipe and railway wheel manufacturer Interpipe has invested about $1 billion in recent years to build a modern electric steelmaking complex, Interpipe Steel, which already meets the European Green Deal’s 2030 target, as well as finishing lines for finished products, the company’s top executive, Sergiy Kuzmenko, said. He added that this has opened up new market segments for the company, including pipes with premium connections and wheels for high-speed passenger traffic.
“Despite today’s risks, including military ones, Interpipe continues to invest. We are a global player in the global steel pipe and railway products markets. We compete with other international players in these markets and cannot simply take a break during the war. We accept the current risks and continue to invest in modernizing production facilities, developing new products, and reducing carbon emissions,” the top manager emphasizes, noting that continued investment is a long-term motivation for Interpipe employees to return to Ukraine.
Poland will ensure LNG supplies from the US to Ukraine
During a meeting with U.S. Secretary of Energy Chris Wright, Polish Prime Minister Donald Tusk emphasized Poland’s key role in regional gas infrastructure. He noted that the country is one of the largest importers of American liquefied natural gas (LNG).
US closes ports for Russian ships
The US President signs a new executive order banning Russian-flagged or Russian-linked ships from entering US ports.
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