Ferrexpo sees slight increase in pellet output in Q1

Swiss-headquartered resources company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced that in the first quarter of the current year its overall pellet production increased by 0.5 percent year on year to 2.31 million mt.
 
In the first quarter, Ferrexpo's pellet production from its own raw materials increased by 6.3 percent year on year, amounting to 2.25 million mt, while its pellet production from third party concentrate saw a decrease of 68.2 percent year on year to 57,100 mt.
 
Meanwhile, in January-March Ferrexpo registered a 7.5 percent rise year on year in its iron ore production to 7.54 million mt, while its iron ore concentrate production saw a 4.9 percent rise year on year to 2.84 million mt.