Zaporizhia Ferroalloy Plant (ZFP) in January-October this year increased production by 4.2% compared to the same period last year, to 175,630 tonnes.
As the Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgical Products told Interfax-Ukraine, over ten months of the year, ZFP reduced production of silicon manganese by 31.3%, to 53,280 tonnes, but increased output of ferrosilicon by 41%, to 70,840 tonnes, and ferromanganese – by 18.3%, to 45,260 tonnes.
The enterprise also increased production of metallic manganese by 2.54 times, to 6,250 tonnes.
In October, 16,170 tonnes of ferroalloys were produced, in September – 19,650 tonnes.
At a regular extended meeting with heads of shops and structural divisions of the plant, ZFP Board Chairman Pavlo Kravchenko noted that the night work schedule will provide significant savings in energy costs.
At the same time, he recalled that on July 1 of this year, the launch of the second part of the electricity market took place – the reform of its wholesale part. The participants of the wholesale market (one of which, in particular, is ZFP) have a financial responsibility for compliance with the volumes of purchased and consumed electricity. The price in the new market is formed taking into account the volume of energy consumption, payment schedules and payment discipline, as well as electricity consumption per day. There is a certain surplus of electricity at night, so it is cheaper at night.
According to him,...
Read Full Story: https://open4business.com.ua/zaporizhia-ferroalloy-plant-increases-production-by-4/
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
