Ukraine: NZF output up in 2018

In 2018 Nikopol Ferroalloy Plant produced 788.9 thousand tons of ferroalloys, up by 3.6% YoY. In particular, the manufacture of silicomanganese grew by 7.1%, to 735.69 thousand tons, and of other ferroalloys – 9.3-fold, to 13.1 thousand tons. At the same time the production of ferromanganese decreased by 45.4%, to 40.14 thousand tons. (Ukrainian metal)

Ukraine: NZF becomes private

Nikopol Ferroalloy Plant, the largest silicomanganese and ferromanganese manufacturer in Ukraine, has been re-registered from the public joint-stock company into a private joint-stock company. The state re-registration took place on August 17. The re-registration was carried out according to the corresponding decision of the general shareholders meeting on August 3. The shareholders have also replaced…

Ukraine: Kolomoysky metal assets arrested

The Pechersk district court of Kiev has arrested the assets of the largest ferroalloy producer Nikopol Ferroalloy Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works under the Privatbank embezzlement case. The General Prosecutor’s Office is investigating the embezzlement of 19 billion UAH provided to Privatbank in 2008-2016 by the National Bank…