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05 Apr
15:34

Ferrexpo first quarter pellet output falls

Ferrexpo reported a -7.4% on-quarter decline in iron ore pellet output in the first quarter to 2.59 million tonnes, despite a slight 4% rise in output of its basic 62% Fe content pellet to 149,900t. The Swiss-headquartered Ukrainian pellet maker will stop pellet line no.1 for refurbishment lasting around 65 days during Q2. Last month the firm said it expects an output increase in the second half of 2018 to offset lower H1 output, thus giving flat on-year…
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