Sakura Ferroalloys Sdn Bhd (Sakura) will commission its new US$300 million (RM1.422 billion) sinter plant in the Samalaju Industrial Park (SIP) in the second half of this year.

Ukrainian iron ore mining and processing complex Sukha Balka

Ukrainian ferroalloy companies reduced production by 57.4% in 2023 compared to 2022.

While Türkiye's ferro alloy imports decreased by 7% in 2023 compared to the previous year, a 12.70% decrease was recorded in its exports.

During the month, ferroalloy producers exported only 0.2 thousand tons of products, which is a consequence of the complete shutdown of existing enterprises.

in 2023, Ukraine reduced exports of ferroalloys by 4.9% compared to 2022, to 344.2 thousand tons.

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