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05 Jan
16:03

Supportive iron ore pellet market seen boosting Ferrexpo

Supportive pellet market conditions should continue in 2018, enabling Ferrexpo to continue deleveraging and meet all debt repayment obligations, according to Standard & Poor's. “We anticipate that the iron ore pellet market will remain tight in 2018, as Brazilian pellet producer Samarco's pelletising plant remains idle and stricter environmental regulations in China force iron ore producers to use more pelletised iron ore as feedstock in the st…
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