In January-June, Ferrexpo decreased sales by 9% YoY, to 5.57 million tons.
The decrease was due to the growth of stocks in H1 2020.
Sales to the Central Europe grew from 21% to 34%, to Western Europe – from 4% to 14%, to the Northeastern Asia – from 3% to 8%, and to the Near East, North Africa and Turkey – from 2% to 13%.
At the same time, sales to the Southeastern Asia, including China, dropped from 68% to 29%. (Ukrainian metal)