Business news from Ukraine

Business news from Ukraine

ZAPORIZHIA FERROALLOY PLANT INCREASES PRODUCTION

5 October , 2021  

Zaporizhia Ferroalloy Plant (ZFP) in January-August this year increased its output by 0.7% compared to the same period last year, to 139,810 tonnes.

As the Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgical Products told Interfax-Ukraine, over eight months of the year, the plant reduced production of silicon manganese by 29.4%, to 46,310 tonnes, but increased output of ferrosilicon – by 34.4%, to 53,840 tonnes, and ferromanganese – by 11%, to 34,840 tonnes.

The enterprise also increased production of metallic manganese by 2.7 times, to 4,820 tonnes.

In August, 21,000 tonnes of ferroalloys were produced.

Zaporizhia Ferroalloy Plant is one of three Ukrainian manufacturers of these products. The share of the domestic market of its supplies is 30-35%. Products are exported to the CIS countries, the European Union, Asia and Africa.