Stakhanov Ferroalloy Plant Explained

Stakhanov Ferroalloy Plant
Native Name:Стахановський завод феросплавів
Industry:Ferrous metallurgy
Predecessors:-->
Founded:1961
Founders:-->
Successors:-->
Hq Location City:94000, Kadiivka, Luhansk Oblast
Hq Location Country:Ukraine
Areas Served:-->
Key People:Volodymyr Soloshenko[1]
Products:Ferrosilicon
Owners:-->
Num Employees:1600
Num Employees Year:2016
Footnotes:Код ЄДРПОУ 00186513

Stakhanov Ferroalloy Plant is the largest (about 50% of all-Ukrainian production) plant for the production of ferrosilicon[2] in Ukraine.[3] [4] The plant is located in the city of Kadiivka (formerly Stakhanov), Luhansk Oblast, Ukraine.[5] It is located on uncontrolled territory.[6] [7]

History

The decision to start construction was made in 1952. Construction took place during 1959-1962. The plant has eight[8] ferroalloy[9] furnaces with a capacity of about 2,000 tons per month each. The main products are: ferrosilicon, ferromanganese, and ferrosilicon manganese.[10] Most of the company's products (about 75%) were exported[11] from Ukraine.

In 2011, SFP reduced the production of ferroalloys by 5.2% compared to 2010 - to 208.3 thousand tons.[12] At the same time, the plant increased the production of ferrosilicon (in terms of 45%) by 6.8% - to 145.3 thousand tons, but reduced the production of silico-manganese - by 24.7% to 63 thousand tons.

By the end of 2011, four Cypriot companies: Philex Investments Limited, Felicio Enterprises Limited, Kellton Enterprises Limited and Mercliston Limited, owned 24.4867% each, for a total of 97.9468% of SFP. The business[13] of Stakhanov FP, Zaporizhzhia Ferroalloy Plant, Ordzhonikidze and Marhanets mining and processing plants is organized by PrivateBank[8] [14] (Dnipropetrovsk). Delivery of products was carried out to Alchevsk Metallurgical Complex.[8]

In 2018, during the Russian occupation of Luhansk Oblast, the plant came under the external management of the South Ossetian[8] company "Vneshtorgservice" run by Vladimir Pashkov[15] and was named "branch № 13" Stakhanov Ferroalloy Plant of "Vneshtorgservice." At the same time, press reports said that as of July 2018 the plant operated a single furnace, producing ferrosilicon at around 1000-1800 tons per month. The product was then delivered to the (also Russian-held) Alchevsk Metallurgical Complex.[16]

Products

Notes and References

  1. Web site: Business Leaders. MarketScreener. May 26, 2022.
  2. Web site: Ukraine's Stakhanov plant casts doubt on future of FeSi production. metalbulletin.com. May 26, 2022.
  3. Web site: ВАТ «Стахановский завод ферросплавів» . 6 April 2018 . 26 April 2018 . https://web.archive.org/web/20180426131455/http://www.ukrrudprom.com/reference/factory/stahzf.html .
  4. Web site: UkrFA Стахановский завод ферросплавів . 6 April 2018 . https://web.archive.org/web/20180409174109/http://www.ukrfa.org.ua/memb3.html . 9 April 2018 .
  5. Web site: FerroAlloyNet.com - China FerroAlloy Market. ferroalloynet.com. May 26, 2022.
  6. Web site: Стахановський завод феросплавів - Інформація, показники, виробництво - GMK Center. GMK. uk. 21 January 2020. 20 February 2020. https://web.archive.org/web/20200220002234/https://gmk.center/ua/manufacturer/stahanovskij-zavod-ferosplaviv/.
  7. Web site: Russian War Against Ukraine: Energy Dimension (Status as of May 16). ukraine-office.eu. May 26, 2022.
  8. Web site: Stakhanov Ferroalloy Plant. GMK Center. May 26, 2022.
  9. Web site: Georgian American Alloys Acquires CC Metals and Alloys. AIST - Association For Iron & Steel Technology. October 1, 2012. May 26, 2022.
  10. Web site: Eurasian Economic Union: Definitive antidumping on imports of ferrosilicon manganese from Ukraine (AD20). Global Trade Alert. May 26, 2022.
  11. Web site: Georgian American Alloys, Inc. Acquires CC Metals and Alloys, LLC. CNBC. October 1, 2012. May 26, 2022.
  12. Web site: Ukraine H1 ferroalloy exports down 6.5% year on year to 434,980 mt . S&P Global. August 26, 2015. May 26, 2022.
  13. Web site: Zaporozhye Ferroalloy plant has reduced production by 38.5%. metallurgprom.org. March 26, 2020. May 26, 2022.
  14. Web site: Pro-Russian separatists seize Privat's Stakhanov ferro-alloys plant . metalbulletin.com. Fastmarkets MB. August 11, 2014. May 26, 2022.
  15. Web site: Экономика - Заводами в «ЛНР» и «ДНР» руководит экс-вице-губернатор Иркутска Пашков. hromadske. May 12, 2022. May 26, 2022.
  16. Web site: Stakhanov Ferroalloy Plant — Information about Ukrainian iron and steel producers — GMK Center . 2023-07-26 . GMK . en-US.