Stakhanov Ferroalloy Ponders Stoppage.

In words of the company?s (SFER: SELL) management, current electricity prices are too high, and make the company?s operations unprofitable. The way-out for Stakhanov Ferroalloy, a very energy-intense enterprise, may be the construction of its own thermal power plant (TPP). A TPP would cost the company somewhere between USD 10 mln to USD 35 mln. Concorde Capital: This would not be the first time the company has closed its doors, high electricity tariffs also caused SFER to also closed down on Septmeber 1, 2003 and did not open again until early March 2004.