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GISMETEO.RU
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Ferrexpo cuts production 46% on year in 2022 reflecting Russia war
Journal Staff Report

KYIV, Jan 11 – Mining company Ferrexpo Plc with assets in Ukraine produced 6.053 million tons of pellets in 2022, which is 46% less than in 2021, reflecting operational and logistical constraints throughout 2022 due to the war in Ukraine.

According to the company's exchange announcement on Thursday, pellet production in the fourth quarter of 2022 decreased by 86% compared to the fourth quarter of 2021, and by 50% by September-December 2022, to 417,000 tons.




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