Ferrexpo plc Boosts Price for Pellets by 90%.
18 April 2008
According to Interfax, Ferrexpo plc (FXPO LN: HOLD), the owner of Poltava Iron Ore (PGOK: SELL), came to an agreement with consumers to raise its price for pellets by 90% for the period from April 1, 2008 to March 31, 2009. Eugene Cherviachenko: Though the exact price for pellets set by Ferrexpo is not clear, this price hike is in line with our expectation.
