OREANDA-NEWS. Khartsyzsk Tube Works decreased its growth rate for pipe production over 9M2007. According to preliminary calculations, the plant increased the production of large diameter pipes by 6.3% y/y to 436,170 tonnes over 9M2007.

Analysts of Millennium Capital, a financial services provider, believe in the positive short-term prospects of the company due to very high demand for its produce in Russia and Asia, Russia's Gazprom being HRTR's main customer. About 90% of HRTR's pipes are currently exported. The Odesa-Brody-Plock project may significantly load the plant's capacities in the very near future as well.