08
Apr
15:43
Ferrexpo decreases first-quarter pellet output amid war
Ukraine-based Ferrexpo’s iron ore pellet production remained flat on-year in January-March, but decreased compared with the fourth quarter of 2021. The company produced 2.7 million tonnes, down by 11% on-quarter, Kallanish notes.
The main reason for the drop is operational and logistical constraints following Russia’s invasion of Ukraine, which are persisting, the enterprise claims.
The group’s production continues to comprise entirely high-grad…
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Anonymous
Very good overview of the weekly steel market.
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