Home
/
News
/

Ferrexpo daily pellet output rebounds 26% m/m in August

Ferrexpo daily pellet output rebounds 26% m/m in August

23 September 2020

Ukraine’s largest iron ore pellet exporter Ferrexpo
(FXPO LN) produced 980 kt of pellets in August, which amounts to 31.6 kt per
day, or a 25.6% m/m jump, according to Concorde Capital’s analysis of data
reported by Interfax-Ukraine on Sept. 22.

 

In 8M20, Ferrexpo’s pellet output rose 4.0% yoy to
7.36 mmt, or 30.2 kt per day.

 

Dmytro Khoroshun: Ferrexpo’s
daily production rate rebounded strongly in August after three months of
declines, which is positive.

 

We maintain our expectations for Ferrexpo’s 2020
production volume at 10.5-11.2 mmt (28.7-30.6 kt per day), or up to 7% more
yoy. The latest production volume guidance from the company was for a 9.3% yoy increase to 11.5 mmt (31.4 kt
per day) in 2020.

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...