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Oct.23.2019 1USD=7.0668RMB
  SteelHome >>Raw Material>>Market Info>>Special Studies
 
Ferrexpo Announces Pellet Production Report for 3Q 2019

http://en.steelhome.cn [SteelHome] 2019-10-09 17:45:07

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Summary:

1.      9M 2019 total pellet production up 1.7% versus 9M 2018 total pellet production

2.      9M 2019 production of high quality 65% Fe pellets up 4.2% compared to 9M 2018

3.      Production of high quality 65% Fe pellets comprised 96% of total production compared to 94% for 9M 2018

4.      Refurbishment of the Group’s final pellet line to begin on 28 October 2019 for approximately 55 days. This includes an upgrade to the travelling grate feeding the pellet line which should further increase the line’s productivity

5.      Given the current market environment, Ferrexpo’s full year production will likely be in the range of 10.4MT to 10.6MT compared to previous guidance of 10.6MT

000' tonnes

Q3 2019

Q2 2019

Change

YTD 2019

YTD 2018

Change

%

%

Pellet production from own ore

2,538.89

2,813.80

-9.8

7,891.39

7,741.57

1.9

- 62% Fe pellets

95.99

107.5

-10.7

310.99

484.57

-35.8

- 65% Fe pellets

2,442.90

2,706.30

-9.7

7,580.40

7,257.00

4.5

Production from third party materials

0

0

-

0

14.5

n/a

- 62% Fe pellets

0.00

0

-

0

0

-

- 65% Fe pellets

0.00

0

-

0

14.5

n/a

Total Pellets Produced

2,538.89

2,813.80

-9.8

7,891.39

7,756.06

1.7

- 62% Fe pellets

95.99

107.5

-10.7

310.99

484.57

-35.8

- 65% Fe pellets

2,442.90

2,706.30

-9.7

7,580.40

7,271.49

4.2

Link: Official Document

(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837)
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