Ukraine: Ferrexpo’s pellet production rises sharply y-o-y in H1CY’24

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Ukraine’s Ferrexpo, one of the world’s leading pellet exporters, recorded output at 3.29 mnt in H1CY’24, up significantly by 75% y-o-y due to running two or three out of four pelletising lines and expanding their logistics capacity.
Meanwhile, production of Ferrexpo DR pellets (FDP) resumed during Q2CY’24
However, pellet output decreased by 18% q-o-q to 1.48 mnt against 1.81 mnt in the last quarter.

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