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05 Oct
14:09

Ferrexpo builds pellet stock ahead of winter risks

Ferrexpo says it intends to continue to operate 1-2 of its four iron ore pelletising lines for the remainder of the year. The firm’s pellet output rose 17% on-quarter in the third quarter to 1.25 million tonnes, all of which was 65% Fe. It says it deliberately focused on building pellet production during the quarter to mitigate war-related risks in the months ahead, especially in winter time when energy infrastructure is vulnerable to disruption. Merchant i…
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