Home
/
News
/

Ferrexpo daily pellet output drops 18% m/m in September

Ferrexpo daily pellet output drops 18% m/m in September

6 October 2020

Ukraine’s largest iron ore pellet exporter Ferrexpo
(FXPO LN) produced 774 kt of pellets in September, which amounts to 25.8 kt per
day, an 18.4% m/m drop, according to Concorde Capital’s analysis of the company’s
3Q20 production report released on Oct. 6.

 

In 9M20, Ferrexpo’s pellet output amounted to 8.13 mmt
(29.7 kt per day), or 3.1% more yoy.

 

Ferrexpo noted in its report that a planned pelletizer
maintenance in early September resulted in a reduction of its production
volumes.

 

Dmytro Khoroshun: We are
lowering our expectations for Ferrexpo’s 2020 production volume to 10.5-11.0
mmt (28.7-30.1 kt per day), or up to 5% more yoy.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...