Tag: Ukraine: Ferro alloys production turn down by 57% y-o-y in 2023
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Ukraine: Ferro alloys production falls over 50% in CY’23, outlook uncertain
In 2023, Ukrainian ferroalloy manufacturers experienced a significant reduction in production by 57% in comparison to the previous year, as stated by Sergiy Kudryavtsev, the Executive Director of the Ukrainian Ferroalloy Association (UkrFA), during a conversation with the Ministry of Industry. This significant downturn was largely attributed to various factors including heightened military activity, the…