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Nikopol Ferroalloy Investments Amount to USD 17.4 mln in 10M07

Nikopol Ferroalloy Investments Amount to USD 17.4 mln in 10M07

23 November 2008

Nikopol Ferroalloy (NFER: N/R) reported to invested UAH 87.7 mln (USD 17.4 mln) into production in 10M07, according to UNIAN. The company said it has completed capital repairs on furnaces #2 and #5. Nikopol Ferroalloy produced 646.6 ths mt of silicon manganese (up 27.4% yoy) and 224.7 ths mt of ferromanganese (up 6.5% yoy).

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