Tag: ukraine pellet

Ukraine: Ferrexpo’s pellet production falls by 10% q-o-q in Q1CY’25

Apr 8, 2025

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by

Adarsh Sahu

in Pellets

Ukraine’s Ferrexpo recorded pellet output of 1.35 mnt in Q1CY’25, down 10% from 1.5 mnt in Q4CY’24. The decline was driven by suspension of VAT refunds, which constrained liquidity, and elevated input costs that limited full-scale operations. However, total iron ore concentrate production volumes surged by 193% to 777,718 t in Q1CY’25 against 265,700 t…