In January-May Nikopol Ferroalloy Plant decreased output by 7.1% YoY, to 320.057 thousand tons. In particular, the manufacture of silicomanganese dropped by 10.5%, to 291.98 thousand tons. At the same time, the ferromanganese output increased by 28.1%, to 19.55 thousand tons. The company also produced 9.04 thousand tons of other ferroalloys, up 2.4-fold. (Ukrainian metal)
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)
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…
In January-July Nikopol Ferroalloy Plant increased output by 8.6% YoY, to 469.88 thousand tons. In particular, silicomanganese manufacture grew by 14.6%, to 442.73 thousand tons, but ferromanganese production fell by 54.7%, to 20.85 thousand tons. The output of other ferroalloys grew 18-fold, to 6.3 thousand tons. (Ukrainian metal)
Shareholders of Nikopol Ferroalloy Plant intend to change the ownership of the company from the public to the private joint-stock company, and not pay dividends for 2017. The corresponding decisions will be taken at the meeting on August 3. The net profit for 2017 will be set in the amount of 2.665 billion UAH, 26.46…
In 2017 Nikopol Ferroalloy Plant received 2.67 billion UAH of net profit as opposed to 727.46 million UAH of net losses. Net income grew by 68.4% YoY, to 18.88 billion UAH. EBITDA reached 3.27 billion UAH, as opposed to the debt of 837.67 million UAH in 2016. The undistributed profit totaled 2.34 billion UAH. Last…
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…
In October Nikopol Ferroalloy Plant produced 64.7 thousand tons of silicomanganese, up by 8.2% MoM, or by 4.9 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, ferromanganese output remained on September level – 4.3 thousand tons. In January-October NZF increased silicomanganese output by 17.5% YoY, or by 85.7 thousand tons, to 575.5 thousand…
