Poltava GOK (PGOK: BUY) Increases Pellets Output
8 June 2008
In Jan-May 2005 PGOK produced 3.5 mn mt of pellets, a 13% increase yoy. Concorde Capital: Purchasing iron ore concentrate, the feedstock for pellets production, from Russia’s Lebedinsky GOK, allowed PGOK to raise its rate of pellet capacity utilization to 89% in May, compared to 80% in 2004.
