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Ferrexpo’s pellet output declines by 2.5% y-o-y in 10M11

Ferrexpo’s pellet output declines by 2.5% y-o-y in 10M11

2 November 2011

Ferrexpo (FXPO LN) produced 870 ths mt of pellets, bringing its total pellet output for 10M11 to 8.13 mln mt, which is down 2.5% y-o-y, the company reported yesterday. Concentrate output reached 989 ths mt in October, which put total concentrate production at 9.49 mln mt in 10M11, which is up 1.5% y-o-y.

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