General situation and influence trend of Ferroalloy resources in Ukraine

Posted:2022-03-02 18:06:36

The situation between Russia and Ukraine is heating up gradually, and the geopolitical conflicts are intensifying. The impact of conflicts on major assets may be limited to the pre-conflict and early stage, and Ukraine is also the supplier of international manganese and silicon alloy resources. What about the situation of local manganese resources in Ukraine?

Ferroalloy production: According to the data released by the Ukrainian Association of Ferroalloy Producers (UkrFA), Nikopol and ZaporoZhye ferroalloy plants produced a total of 662,700 tons of silicon-manganese in 2021, an increase of 18.4%; 100,600 tons of ferromanganese, 18.2% less than last year; 7750 tons of electrolytic manganese, 180% more than last year; 876,000 tons of ferrosilicon, up 44.1% year on year.

Local exports: In 2021, Ukraine exported 509,000 tons of silicon-manganese, up 12% year on year, of which 272,000 tons were exported to Europe and 139,000 tons to Turkey. In 2021, the export volume of ferromanganese decreased by 51% year-on-year to 27,000 tons, while the export volume of ferrosilicon increased by 57% year-on-year to 47,000 tons.

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