07
Jun
13:31
Ferrexpo expects higher first-half profit
Ferrexpo expects Ebitda in the first half of 2019 to increase materially on-year, driven by higher pricing for end product, and increased production and sales volumes. So said the Ukraine-based Swiss-headquartered iron ore pellet producer following its AGM held last Friday.
The improvement in profitability has so far this year been supported by a lower-than-expected increase in cost of production, due to a fall in Brent oil and European gas prices. This has part…
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Anonymous
Very good overview of the weekly steel market.
Anonymous