Ferrexpo partially resumes production following Russian missile strikes

Wednesday, 02 November 2022 10:24:15 (GMT+3)   |   Istanbul
       

Swiss-headquartered miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has provided an update on its operations following its temporary production suspension on October 11 after a number of Russian missile strikes across Ukraine.

Accordingly, the repair work has sufficiently progressed to allow for the partial resumption of production activities at its operations in central Ukraine. However, the supply of power to the company’s operations remains limited, which has an impact on the cost effectiveness of production.

Ferrexpo stated that it is currently focused on drawing down on its inventories to maintain supplies to its customers. The company confirmed that it has a sufficient volume of products in its inventories to meet customer demand.


Similar articles

Ferrexpo’s iron ore and pellet outputs decline in 2023

12 Jan | Steel News

Ferrexpo’s iron ore output up 59.2 percent in H1

07 Jul | Steel News

Ferrexpo’s iron ore output and sales down in 2022 amid negative effects of war

11 Jan | Steel News

Ferrexpo resumes operations at pelletizer line after temporary suspension

21 Dec | Steel News

Ferrexpo suspends production temporarily amid Russian missile strikes

17 Oct | Steel News

Ferrexpo’s iron ore output and sales down in Q3, DR pellet output rises

07 Oct | Steel News

Ferrexpo to cut production amid logistical issues

15 Jun | Steel News

Ferrexpo’s iron ore pellet output down slightly in Jan-Feb

13 Mar | Steel News

Ferrexpo’s iron ore pellet output sees slight increase in 2014

27 Jan | Steel News

Ferrexpo's iron ore concentrate output up 5.7 percent in January-May

09 Jun | Steel News