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22 Mar
17:13

Ferrexpo foresees higher pellet premiums, global steelmaking margins

Ferrexpo says it expects to benefit from higher pellet premiums in 2018, reflecting agreements already made with customers and strong demand for iron ore pellet. The Swiss-headquartered Ukrainian pellet maker plans for flat on-year production in the first half of 2018 despite a 65-day stoppage, and an output increase in H2. “In 2018, Ferrexpo expects further rationalisation of steel capacity in China which should support global steel margins, and in turn e…
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