Ukraine: Ferrexpo pellets output down in Q2 2022
In April-June, Ferrexpo decreased iron ore pellets manufacture by 27% YoY, to 2.1 million tons. All the pellets had the iron content of 65%, with 4% of DRI pellets having the iron content of 67%. The drop is due to the Russian invasion of Ukraine and the logistics problems. In H1, sales decreased by 21%,…