Business news from Ukraine

Business news from Ukraine

NFP reduced production by 2.38 times to 81.35 thousand tons in 2024

In 2024, Nikopol Ferroalloy Plant (NFP, Dnipro region) reduced its output by 2.38 times compared to 2023, to 81.35 thousand tons from 193.77 thousand tons.

The Ukrainian Ferroalloy Producers Association (UkrFA) toldInterfax-Ukraine that in 2024, the plant reduced silicomanganese production by 2.29 times to 81.07 thousand tons from 185.51 thousand tons, and did not produce ferromanganese (5.32 thousand tons in 2023). Other ferroalloys were produced in the amount of 0.28 thousand tons (2.94 thousand tons, respectively).

As reported, Pokrovsky Mining and Processing Plant (PGOK, formerly Ordzhonikidze Mining and Processing Plant) and Marganetsky Mining and Processing Plant (MGOK, both in Dnipropetrovska oblast), both part of Privat Group, stopped mining and processing crude manganese ore in late October and early November 2023, while NGOK and Zaporizhzhya Ferroalloy Plant (ZZP) suspended production. Later, the ferroalloy companies resumed operations at a minimum level of production.

In particular, ZZF has been operating two furnaces at 7% capacity since May 1, 2024, and NFP has also been operating since the end of June last year.

The average monthly output of ferroalloys in stable operation is about 55-60 thousand tons.

NFP is Ukraine’s largest silico- and ferromanganese producer. It uses imported and domestic raw materials to produce ferroalloys.

NFP is controlled by the EastOne Group, created in the fall of 2007 as a result of the restructuring of the Interpipe Group, and the Privat Group (both based in Dnipro).

Nikopol Ferroalloy Plant more than halved production

The Nikopol Ferroalloy Plant (NFP, Dnipropetrovsk Region) in January-March this year reduced its output 2.2 times as compared to the same period last year, to 69.09 thousand tons.
As reported to Interfax-Ukraine agency in the Ukrainian Association of Ferroalloys Producers (UkrFA), in the first quarter of this year, NFP reduced production of silico-manganese in 2.1 times – to 69.08 thousand tons, ferromanganese – to 0.01 thousand tons from 4.97 thousand tons, 84.3% – to 0.01 thousand tons. The company did not produce any other ferroalloys, while in January-March 2022 it produced 0.48 thousand tons.
The average monthly output of ferroalloys with the company stable operations is about 55-60 thnd mt.
NFP is Ukraine’s largest silico- and ferromanganese producer. It uses imported and domestic raw materials for producing ferroalloys.
The NFP is controlled by EastOne group, which was created in autumn 2007 as a result of Interpipe group restructuring, as well as Privat group (both from Dnipro).

NFP INCREASES PRODUCTION BY 15.5% IN JAN-MARCH

Nikopol Ferroalloy Plant (NFP, Dnipropetrovsk region) in January-March of this year increased its output by 15.5% compared to the same period last year, to 148,930 tonnes.
As the Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgical Products (UkrFA) told Interfax-Ukraine, over three months NFP increased production of silicon manganese by 22.7%, to 143,480 tonnes, but reduced ferromanganese and other ferroalloys – by 54.7%, to 5,450 tonnes (including 4,970 tonnes of ferromanganese).
Nikopol Ferroalloy Plant is Ukraine’s largest ferroalloy smelter. It uses imported and domestic raw materials for production of ferroalloys.
Nikopol plant is controlled by EastOne Group, established in autumn 2007 as a result of restructuring of Interpipe Group, and Privat Group, both based in Dnipro.

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