Nikopol Ferroalloy Plant
Nikopol Ferroalloy Plant (NFP) produces ferroalloys (ferrosilicomanganese and ferromanganese), welding fluxes, manganese sinter ore, granular slag and crushed stone, and anode paste for domestic production needs. In 1993, the plant opened a knitwear shop manufacturing women’s lingerie and tights under Nika trademark.
The plant is export-oriented — its ferroalloy products are exported to more than 50 countries all over the globe. In 2017, the share of export was 64%.
Production capacity
Staff and wages
* per worker before taxes
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2020*
Indicative sales structure by markets in 2020
* structure of sales volumes, metric tons
Financial performance, $ million
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 478 | 668 | 480 | 438 | 710 | 721 | 631 | 465 |
| EBITDA | 55 | 121 | 12 | -14 | 156 | 39 | -8 | 40 |
| EBITDA margin | 11.4% | 18.1% | 2.5% | -3.1% | 21.9% | 5.41% | -1.3% | 8.5% |
| Net income | -54 | 27 | 0 | -28 | 100 | 11 | -23 | 17 |
| Net income margin | -11.3% | 4.1% | -0.1% | -6.5% | 14.1% | 1.48% | -3.6% | 3.6% |
| CAPEX | 5 | 7 | 3 | 4 | 5 | 10 | 10 | 12 |
Key facts
2021
The NFP investment plan for 2021 is UAH 317 million, of which UAH 33 million – for the development of production, UAH 78 million – for environmental projects.
The plan for the production and implementation of NFP for 2021 assumes a decrease in indicators by 18% in relation to 2020.
2020
The gross volume of emissions of harmful substances at the NFP in 2020 decreased by 24.3%. Dust emissions amounted to 629 thousand tons per year, greenhouse gases – 1.09 million tons.
2019
In 2019, NFP plans to produce 738 ths tons of ferroalloys, incl. 710 ths tons of ferrosilicomanganese and 28 ths tons of ferromanganese.
In 2016
Tthe Eurasian Economic Commission imposed a 26.35% anti-dumping duty on ferrosilicomanganese imports from Ukraine. The duty applies to products of Nikopol, Zaporizhzhia and Stakhanov Ferroalloy Plants. The duty has been imposed for five years.
In 2017
The capacity for the production of ferrosilicomanganese was utilized by 83.0%, high carbon ferromanganese (Mn 75%–82%) by 71.4%, and middle carbon ferromanganese (Mn 85%–95%) by 95.7%.
In 2017
The share of NFP in the ferroalloy market of Ukraine was 75%.
Sources: websites of the companies, media outlets
31 January 2025
17 December 2024
20 September 2024
17 September 2024
12 August 2024
16 July 2024
19 June 2024
28 February 2024
19 February 2024
18 January 2024