Business news from Ukraine

UKRAINE RAISES OUTPUT OF FERROALLOYS BY 8%

4 October , 2021  

Ferroalloy enterprises of Ukraine in January-August of this year increased their production by 8% in total compared to the same period last year, to 587,620 tonnes, including 88,930 tonnes produced in August.

As the Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgical Products told Interfax-Ukraine, in January-August 2021 production of silicon manganese at Zaporizhia and Nikopol Ferroalloy Plants increased by 11.3%, to 458,360 tonnes. At the same time, the total production of ferromanganese at three plants decreased by 22.1%, to 70,600 tonnes: Zaporizhia, Nikopol and Kramatorsk Ferroalloy Plants (Kramatorsk plant was idle in January-August 2021, while in the same period of 2020 it produced 34,090 tonnes).

In addition, in Ukraine, production of ferrosilicon (equivalent to 45% ferrosilicon) increased by 34.4%, to 53,840 tonnes, and metallic manganese – by 2.7 times, to 4,820 tonnes.

Pokrov (previously Ordzhonikidze) and Marhanets Mining and Processing Plants (both located in Dnipropetrovsk region) which extract and concentrate manganese ore, in January-August 2021 produced a total of 1.122 million tonnes of manganese concentrate, which is 3.8% lower compared to January-August 2020. At the same time, Marhanets plant produced 364,100 tonnes of concentrate (a decrease of 1.06% compared to the same period in 2020), and Pokrov plant produced 757,940 tonnes (a decrease of 5.1%).

In January-August 2021, Pokrov Mining and Processing Plant also produced 195,040 tonnes of iron ore sinter (93% more compared to the same period in 2020), supplying it to Dniprovsky Metallurgical Plant (DMZ), part of DCH Steel from DCH Group of businessman Oleksandr Yaroslavsky.