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Nikopol Ferroalloy Plant sold more in November than it produced

Ukraine / Ferrous metallurgy

This indicates a recovery in demand in the industry and indirectly confirms the growth of production in the metallurgical industry of Ukraine.

Nikopol Ferroalloy Plant sold more in November than it produced

I.O. Vadim Babutsky, chief engineer of Nikopol Ferroalloy Plant, announced during a conference call following the results of work in November that the level of sales exceeded production volumes.

“In November, the shipment of commercial products exceeded their production. This, in turn, allowed for a reduction in inventory balances in floor warehouses. In general, all divisions worked in the planned figures, "Babutsky said.

He added that the production plan for December will remain at the level of November and will amount to 35 thousand tons of commercial ferroalloys.

"The plant is provided with everything necessary for the production of products," chief engineer.

JSC "Nikopol Ferroalloy Plant" is located in Nikopol, which is the center of the Nikopol manganese ore basin. The main activity of the plant is the production of manganese ferroalloys - ferrosilicomanganese and ferromanganese, used in steelmaking. The plant is the most powerful enterprise for the production of manganese ferroalloys in Ukraine and one of the largest in the world in terms of the design volume of production over a million tons per year.

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