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06 Apr
12:21

Ferrexpo increases first-quarter pellet output, eyes stable production

Ukraine-based Ferrexpo’s iron ore pellet production remained down on-year in January-March, but doubled compared with the fourth quarter of 2022. The company produced 900,000 tonnes compared to 420,000t in Q4 2022, but down 65% on-year, Kallanish notes. The on-quarter increase is mainly driven by an improvement in the supply of electricity to the group’s operations in Ukraine, which enabled the restart of a second pelletiser line in February, the enter…
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