31
Jul
12:31
Volumes drive Ferrexpo earnings despite lower prices
Swiss-headquartered, Ukraine-based iron ore miner and pellet producer Ferrexpo's revenue in the first half of the year increased by 64% year-on-year to $549 million amid higher sales volumes, although prices were lower on-year, the company tells Kallanish.
Ebitda increased by 24% to $79m, reflecting the net effects from higher sales volume and lower realised prices amid higher production costs, principally driven by rising energy prices in Ukraine. N…
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Anonymous
Very good overview of the weekly steel market.
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