06
Oct
11:23
Ferrexpo decreases third-quarter pellet output, eyes fourth-quarter increase
Swiss-headquartered iron ore mining and pellet producer Ferrexpo with assets in Ukraine increased production of pellet in January-September. The company produced 8.1 million tonnes, up by 3% year-on-year, Kallanish notes.
However, in the third quarter the enterprise reduced pellet production by -12% quarter-on-quarter to 2.5mt.
Ferrexpo’s total production of 65% Fe content pellet in January-September increased by 6% to 8mt, but output of 62% …
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