Nikopol Ferroalloy Plant has already shut down its furnaces Nos. 15, 16, 17 and 8, and after repairs will shut down the furnace No. 6.
The reason is not only quietness on the metal market. October began with a new rise in electricity prices – by 26%.
Because of this, a certain number of employees will be become idle with two thirds of wages to be paid to them. (Ukrainian metal)