OREANDA-NEWS  On 01 November was announced, that the largest Ukrainian ferroalloys producer – Nikopol Ferroalloys (PFTS: NFER) is going to suspend its production in November due to the lack of markets.

Vladimir Kutsyn, the company CEO, informed that last month Nikopol Ferroalloys output amounted to 25 thousand tonnes, of which 50% is stored in the company warehouses.

“The company has ore and staff potential. The only problem is that we cannot sell out products to anybody," he said.

According to Mr Kutsyn, this November the company will be forced to suspend its production.