In 2018 Ferrexpo increased pellets output by 1.6% YoY, to 10.6 million tons.
According to the group statement, in Q4 2018 it produced 2.9 million tons of pellets, up by 7.2% QoQ.
This year Ferrexpo expects pellets output on the last year level due to some repairs.
Sales in 2018 will amount to 10.2 million tons, down from 10.5 million tons in 2017.
Average price increased by 9% YoY because of the growing demand for high quality iron ore. (Ukrainian metal)