Zero Class Tariffs Seem Real.

The Economy Ministry is initiating the implementation of zero class electricity tariffs. The zero class will imply preferential electricity prices for the largest electricity consumers and for those companies for whom electricity comprises 40% of their production costs. Concorde Capital: We believe the government and producers of electricity intensive products are nearing the end of their negotiations. Nikopol (NFER: Pending), Zaporizhzhya (ZFER: BUY), Stakhanov (SFER: U/R) Ferroalloys and Zaporizhzhya Aluminum (ZALK: BUY) are those who will benefit the most from the new zero class tariffs.