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06 Oct
15:47

Ferrexpo ramps up DR-pellet production in third quarter

Ukrainian iron ore miner and producer Ferrexpo’s output of iron ore pellet declined by 60% on-quarter and 68% on-year to 0.8 million tonnes in the third quarter. This was the “result of Russia's invasion on Ukraine in 2022, and associated logistics constraints requiring production to be curtailed," the company says in a statement seen by Kallanish. The company is currently operating just one of four pelletising lines, which reflects accessibl…
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