08
Oct
15:52
Ferrexpo’s third-quarter pellet output declines, FY19 forecast slashed
Swiss-headquartered, Ukraine-based iron ore miner and pellet producer Ferrexpo has amended slightly down its annual iron ore pellet output expectations.
The company says it expects to produce 10.4-10.6 million tonnes of iron ore pellet in 2019, instead of the previously announced guidance of 10.6mt. This is on the back of lower output of pellet in the third quarter, which totalled 2.54mt, -9.8% down on quarter. The company's January-September outpu…
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