OMH a strong BUY, page-120

The cost of power is so important in all types of production this is especially true in the ferro/manganese alloy industry.
Power costs can range from 25% to 50% of production costs, so its a very important input cost.
The policies of the UN and EU in Europe are taking a huge toll on countries that previously had cheap power, forcing them to scrap nuclear and thermal power plants to use renewable energy.
Ferroalloy plants in the Ukraine are now facing the same  problem of expensive power brought about by these policies.

Electric shock: Ukraine is on the verge of blackout

Energy-intensive ferroalloy enterprises (mainly producing alloys for deoxidation and alloying of steel) were among the first to suffer. The Kiev edition of Delovaya Stolitsa writes that for the largest metallurgical plant ArcelorMittal Kryvyi Rih, over the past month alone, electricity has risen in price by 20 percent. And Nikopol and Zaporizhzhya plants lost 122 and 70 million hryvnia, respectively.

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