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Nikopol Ferroalloy Plant launches previously shutdown electric furnaces

Ukraine / Ferrous metallurgy

Nikopol Ferroalloy Plant (NFP) halved production in October compared to September due to problems with the sale of ferroalloys and high electricity prices, and today announced the full utilization of production capacities.

Nikopol Ferroalloy Plant launches previously shutdown electric furnaces

One hundred percent of ferroalloy workers went to work, and the Nikopol Ferroalloy Plant (NFP) is steadily increasing production volumes. This was reported by the press service of the plant on Friday.

General Director of the plant Vladimir Kutsin earlier in October warned that stopping a third of NFP production and sending workers to idle time is a temporary phenomenon associated with the crisis in the ferroalloy market and a sharp rise in electricity prices.

As told at the plant, according to the order of the General Director, today all downtime has been canceled, and to ensure the fulfillment of the newly approved planned target, furnaces No. 8, No. 15 are turned on, and it is planned to turn on furnace No. 16. As a result, 11 ovens will be in operation in the coming days.

“The plant is ready for a further increase in production, for this there are furnaces in reserve, but there is a shortage of personnel. There are difficulties with workers of technological professions - forges, smelters and crane operators; they also require additional equipment and locksmiths, mechanics, power engineers and electricians. But the main thing is that the team is ready to fulfill the assigned tasks and is happy to get down to work, "the press service of the NFP said.

Nikopol Ferroalloy Plant is the largest producer of silico- and ferromanganese in Ukraine. The enterprise produces ferroalloys from imported and Ukrainian raw materials. The plant is controlled by the EastOne group, created in the fall of 2007 as a result of the restructuring of the Interpipe group of Viktor Pinchuk, as well as the Privat group of Igor Kolomoisky.

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