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%.
Staff and wages
* per worker before taxes
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2018
Indicative sales structure by markets in 2018
* structure of sales volumes, metric tons
Financial performance, $ million
|Net income margin||-11.3%||4.1%||-0.1%||-6.5%||14.1%||1.48%|
In 2019, NFP plans to produce 738 ths tons of ferroalloys, incl. 710 ths tons of ferrosilicomanganese and 28 ths tons of ferromanganese.
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.
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%.
The share of NFP in the ferroalloy market of Ukraine was 75%.
Sources: websites of the companies, media outlets