Swiss-headquartered resources company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced that in January-February this year its overall pellet production increased by 1.9 percent year on year to 1.52 million mt, although its total pellet output in February was 12.3 percent down on the January output level.
In the first two months of this year, Ferrexpo's pellet production from its own raw materials increased by 0.7 percent year on year, amounting to 1.42 million mt, while its pellets production from third party concentrate saw an increase of 24.6 percent year on year to 98,700 mt.
Meanwhile, in January-February this year, Ferrexpo registered a 2.6 percent decrease year on year in its iron ore production to 4.626 million mt, while its iron ore concentrate production saw a 2.6 percent rise year on year to 1.8 million mt.