Business news from Ukraine

Business news from Ukraine

NZF for 7 months. reduced production by 19%

11 September , 2022  

Nikopol Ferroalloy Plant (NZF, Dnepropetrovsk region) in January-July this year reduced its output by 19.1% compared to the same period last year – up to 307.67 thousand tons.
As Interfax-Ukraine was informed by the Ukrainian Association of Ferroalloy Producers (UkrFA), for 7 months NFP reduced the production of silicomanganese by 13.3% – to 302.19 thousand tons, ferromanganese and other ferroalloys – by 82.7%, to 5.48 thousand tons (including ferromanganese produced 4.87 thousand tons).
In July, 39.7 thousand tons of ferroalloys were produced.
As reported, in 2021 NFP increased its output by 26% compared to the previous year – up to 646.68 thousand tons. At the same time, the plant increased the production of silicomanganese by 28% – up to 600.64 thousand tons, ferromanganese – by 4.9%, up to 46.04 thousand tons.
The average monthly output of ferroalloys with the stable operation of the enterprise is about 55-60 thousand tons.
NZF is the largest enterprise in Ukraine for the production of silico- and ferromanganese. Uses imported and domestic raw materials for the production of ferroalloys.
NZF is controlled by the EastOne group, created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group (both Dnipro).

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