9,626.56 TRY BIST 100 BIST 100
35.17 USD USD USD
36.61 EUR EUR EUR
4.86 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.41 TRY Interest Interest
73.03 USD Fossil Oil Fossil Oil
29.72 USD Silver Silver
4.09 USD Copper Copper
100.31 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,620.19 TRY Gold (gr) Gold (gr)

Centravis wants to strengthen its position in the European market

Centravis, the Ukrainian manufacturer of stainless seamless pipes, plans to increase production and strengthen its position in the European market.

Centravis wants to strengthen its position in the European market

Centravis, the Ukrainian manufacturer of stainless seamless pipes, aims to strengthen its position in the European market, especially in the automotive and vehicle sectors.

The launch of production in Uzhgorod allows Centravis to increase production volumes and reduce logistics costs for product delivery to customers in Europe. The company plans to expand production in Uzhgorod with the construction of the second phase, which is scheduled to be completed this summer.

Last year, the company's exports decreased by 33% y-o-y due to the Russian invasion of Ukraine, logistical restructuring, power outages and Russian shelling. In February, the company launched a new production facility in Uzhhorod, specializing in instrument pipes for automotive brands such as Volkswagen, Audi, BMW and Chevrolet.

Ukrainian pipe producers increased their exports by 57.4% m-o-m to 32,710 tons in February. In the January-February period, Ukraine exported 53,490 tons of pipes worth $103.1 million, up 24.7 percent y-o-y. Pipe producers reduced production to 608,000 tons last year, down 38 percent y-o-y due to the continued Russian occupation.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Emirates Steel has announced a price increase for its rebar products

Tuesday, December 24, 2024

An agreement has been signed on the full restoration of the Donetsk Metallurgical Plant

Tuesday, December 24, 2024

Egypt invites Canadian investments to boost industrial growth

Tuesday, December 24, 2024

India’s steel imports hit record high

Tuesday, December 24, 2024

South Korea's crude steel production declines in November

Monday, December 23, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now