How much scrap did Interpipe Vtormet process in the first half of 2022?

Interpipe Dniprovtormet is one of the largest scrap metal processors in Ukraine. The production capacity of the enterprise has a scrap processing capacity of 1.35 million tons per year.

In 2021, Interpipe Vtormet increased its net sales by 75% compared to 2020 to UAH 14.23 million. The company's net income increased by 2.2 times to reach UAH 6.8 billion. During the year, 9,71 thousand tons of scrap metal was collected and 677,7 thousand tons of scrap processing and shipping services were provided.

In January-June 2022, the company recorded a net loss of UAH 35.3 million, compared to revenue of UAH 10.2 million in the same period last year. The company's six-month net sales decreased by 39.8% compared to January-June 2021 to UAH 1.55 billion. Retained profits at the end of this period amounted to UAH 138.4 million.