Business news from Ukraine

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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