Ukraine: Nikopol Ferroalloy Plant’s production down by 29% y-o-y in CY20

Nikopol Ferroalloy Plant (NZF), the largest ferroalloy producer in Ukraine, decreased their production in CY20 by 29% y-o-y to 513,000t owing to reduced European demand. Silicomanganese production fell by 28.8% y-o-y, while, ferromanganese production fell by 31.5% y-o-y in CY20. In December, NZF’s ferroalloys production was up by 3% m-o-m to 36,200t.