Business news from Ukraine

Business news from Ukraine

Ferroalloy enterprises of Ukraine in 2022 were loaded at 30% – expert

Ukraine’s ferroalloy plants were loaded by 30% in 2022, executive director of the Ukrainian Ferroalloys Association UkrFA Serhiy Kudryavtsev said on the association’s website.
According to him, the entire Ukrainian MMC, ferroalloys and mining companies in the industry were severely affected by the consequences of the military aggression against Ukraine.
Kudryavtsev noted that missile strikes on the Ukrainian energy infrastructure late last year significantly worsened the situation for the ferroalloy industry, which depends on a stable energy supply the most. As a result of these strikes, the enterprises of the industry temporarily partially or completely stopped working.
He specified that the situation at NFP and ZPF is difficult – the enterprises operate with minimal workload. Plants are in a balancing market, the moment can increase or decrease the amount of power supply.
As Ukrainian News earlier reported – in 2022 Ukraine reduced the ferroalloys exports by 47.7% YoY – to 349.560.000 tons.
The business of Stakhanov and Zaporizhzhya ferroalloys plants (NWF and ZZF) was organized by PrivatBank (Kiev) before the nationalization of the financial institution. Nikopol Ferroalloy Plant is controlled by EastOne Group, created in the fall of 2007 as a result of restructuring of Interpipe Group, as well as Privat Group.

Ferroalloy enterprises of Ukraine in total reduced output by 32%

Ferroalloy enterprises of Ukraine in January-August of the current year in total reduced output by 32% compared to the same period last year – up to 399.46 thousand tons.
As Interfax-Ukraine was informed by the Ukrainian Association of Ferroalloy Producers (UkrFA), in January-August, the production of silicomanganese decreased by 22.2% – to 356.5 thousand tons, ferromanganese – by 70.7%, to 20.69 thousand tons.
In addition, the production of ferrosilicon (in terms of 45%) fell by 63.4% – to 19.72 thousand tons, metallic manganese – by 62.4%, to 1.81 thousand tons.
In addition, 0.74 thousand tons of other ferroalloys were produced.
Pokrovsky (formerly Ordzhonikidzevsky) Mining and Processing Plant (PGOK, Dnipropetrovsk region), which mines and enriches manganese ore, produced 497.1 thousand tons of manganese concentrate in 8 months 2022, which is 34.4% lower compared to 8 month-2021. PGOK for 8 months. also produced 29.55 thousand tons of iron ore sinter (84.8% less compared to January-July 2021), supplying it to PJSC “Dniprovsky Metallurgical Plant” (DMZ), which is part of DCH Steel businessman Alexander Yaroslavsky. In March-August, PGOK did not produce iron ore sinter, as DMZ suspended the production of metal products.
At the same time, on September 1 of this year, PGOK resumed the work of the Bogdanovskaya concentrating and sintering plant.
Data on the results of the work of the Marganets mining and processing plant (MGOK, Dnipropetrovsk region) for 8 months-2022 are not available, meanwhile, for 7 months-2022 it produced 294.68 thousand tons of concentrate (a decrease of 5.6% compared to 7 month-2021).
As reported, in 2021 Ukraine increased the production of ferroalloys by 15% compared to 2020 – up to 858.7 thousand tons, but reduced manganese concentrate by 6.6% – up to 1 million 763.43 thousand tons.
Prior to nationalization, PrivatBank (Kyiv) organized the business of SZF (located on the NKT) and ZZF, MGOK and PGOK (OGOK).
The Nikopol Ferroalloy Plant 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 Dnepr).

Ferroalloy enterprises of Ukraine in total reduced output by 27.6%

Ferroalloy enterprises of Ukraine in January-July of the current year in total reduced output by 27.6% compared to the same period last year – up to 360.17 thousand tons.
As Interfax-Ukraine was informed by the Ukrainian Association of Ferroalloy Producers (UkrFA), in January-July, the production of silicomanganese decreased by 17.5% – to 319.66 thousand tons, ferromanganese – by 67.6% – to 19.98 thousand tons.
In addition, the production of ferrosilicon (in terms of 45%) decreased by 60.5% – to 18.11 thousand tons, metallic manganese by 55.6% – to 1.81 thousand tons.
Also, 0.61 thousand tons of other ferroalloys were produced.
Pokrovsky (previously – Ordzhonikidzevsky) and Marganets mining and processing plants (PGOK and MGOK, both – Dnepropetrovsk region), mining and enriching manganese ore, for 7 months-2022 produced a total of 777.52 thousand tons of manganese concentrate, which is 19. 8% lower compared to 7M-2021. At the same time, MGOK produced 294.68 thousand tons of concentrate (a decrease of 5.6%), PGOK – 482.84 thousand tons (a decrease of 26.5%).
Pokrovsky GOK for 7 months. also produced 29.55 thousand tons of iron ore sinter (82.7% less compared to January-July 2021), supplying it to PJSC “Dneprovsky Metallurgical Plant” (DMZ), which is part of DCH Steel businessman Alexander Yaroslavsky. In March-July, PGOK did not produce iron ore sinter, as DMZ suspended the production of metal products.
At the same time, PGOK resumed the work of the Bogdanovskaya concentrating and sintering plant on September 1 this year.
As reported, in 2021 Ukraine increased the production of ferroalloys by 15% compared to 2020 – up to 858.7 thousand tons, but reduced manganese concentrate by 6.6%, to 1 million 763.43 thousand tons.
Prior to nationalization, PrivatBank (Kyiv) organized the business of SZF (located on the NKT) and ZZF, MGOK and PGOK (OGOK).
The Nikopol Ferroalloy Plant 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 Dnepr).

FERROALLOY ENTERPRISES OF UKRAINE IN JAN-FEBY 2022 INCREASE OUTPUT BY 23.1%

Ferroalloy enterprises of Ukraine in January-February of the current year in total increased output by 23.1% compared to the same period last year – up to 141.53 thousand tons, including 79.39 thousand tons in January.
As Interfax-Ukraine was informed by the Ukrainian Association of Ferroalloy Producers (UkrFA) on Thursday, in January-February the production of silicomanganese increased by 31% – up to 114.57 thousand tons. At the same time, the production of ferromanganese decreased by 7.5% to 14.03 thousand tons.
In addition, the production of ferrosilicon (in terms of 45%) decreased by 3.1% – to 11.33 thousand tons, but metallic manganese increased by 86.7%, to 1.12 thousand tons.
Pokrovsky (formerly Ordzhonikidzevsky) and Marganets Mining and Processing Plants (PGOK and MGOK, both – Dnipropetrovsk region), mining and enriching manganese ore, for 2 months 2022 produced a total of 148.94 thousand tons of manganese concentrate, which is 34, 3% lower compared to 2M-2021. At the same time, MGOK produced 86.1 thousand tons of concentrate (an increase of 45%), PGOK – 62.84 thousand tons (50.5% less).
Pokrovsky GOK for 2 months. also produced 29.55 thousand tons of iron ore sinter (27.7% less compared to January-February 2021), supplying it to PJSC “Dniprovsky Metallurgical Plant” (DMZ), which is part of DCH Steel businessman Alexander Yaroslavsky.
As reported, in 2021 Ukraine increased the production of ferroalloys by 15% compared to 2020 – up to 858.7 thousand tons, but reduced manganese concentrate by 6.6%, to 1 million 763.43 thousand tons.
Pokrovsky GOK also produced 258.84 thousand tons of iron ore sinter last year (up 38.4% compared to 2020).
Prior to nationalization, PrivatBank (Kyiv) organized the business of SZF (located on the NKT) and ZZF, MGOK and PGOK (OGOK).
The Nikopol Ferroalloy Plant 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 Dnepr).