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03 Jul
16:13

Pellet line maintenance slashes Ferrexpo's second-quarter output

Ferrexpo reported a -2.9% on-quarter decline in iron ore pellet production in the second quarter to 2.51 million tonnes, despite an 11.6% rise in output of its basic 62% Fe content pellet to 167,230t. The Swiss-headquartered Ukrainian pellet maker stopped pellet line no.1 for refurbishment lasting around 65 days during Q2. In the first half of 2018 Ferrexpo’s pellet production thus inched down -1.2% on-year to 5.1mt, with basic 62% Fe content pelle…
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