In January Ferrexpo produced 900 thousand tons of pellets, down by 11.8% YoY. Concentrate output dropped by 15.9% YoY, to 1.051 million tons.
In 2016 Ferrexpo decreased pellets output of its own raw materials by 1.7% YoY, to 11.07 million tons, of purchased raw materials – by 68%, to 129.2 thousand tons. All this resulted in the decrease in pellets production by 4% YoY, to 11.2 million tons.
65% Fe content pellets output in 2016 totaled 10.535 million tons, up by 1.6% YoY, 62% Fe content – 656.6 thousand tons, down by 48.6%. The decrease was the result of the growth of premium-quality pellets output by 1 million tons. (Ukrainian metal)