26
Apr
14:28
Ferrexpo sees significant earnings increase before Russia invasion
Swiss-headquartered, Ukraine-based iron ore miner and pellet producer Ferrexpo's 2021 revenue increased by 48% on-year to $2.5 billion.
Ebitda was up 68% to $1.44 billion and net cash flow from operating activities increased by 59% to $1.1 billion, Kallanish notes.
This was despite the continued impact of the global Covid-19 pandemic last year and significant volatility in iron ore markets, the enterprise says.
“We have maintained our focus o…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous