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Mar.29.2024 1USD=7.095RMB
  SteelHome >>Raw Material>>Market Info>>Special Studies
 
Ferrexpo Announces Pellet Production Report for 3Q 2020

https://en.steelhome.com [SteelHome] 2020-10-10 15:32:49

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Summary:

1.      COVID-19 update: Ferrexpo’s operations continued to operate with minimal impact during 3Q 2020 due to the global COVID-19 pandemic. The Company continues to ensure all appropriate precautions are being followed for the health and wellbeing of its workforce, including the Company’s own programmes testing for the COVID-19 virus and associated antibodies.

2.      9M 2020 pellet production up 3% to 8.1MT (9M 2019: 7.9MT).

3.      3Q 2020 pellet production down 12% to 2.5MT (2Q 2020: 2.9MT), with reduced volume due to planned pelletiser maintenance in early September 2020.

4.      100% of production in 3Q 2020 comprised of high grade iron ore pellets (65% Fe and above).

5.      The Company’s additional concentrator section was completed in 3Q 2020, with commissioning and ramp up of this additional processing capacity to progress in 4Q 2020.

000' tonnes

3Q2020

2Q2020

% VAR

9M2020

9M2019

% VAR

62% Fe pellets

-

25

--

98

311

-68%

65% Fe and above pellets

2,537

2,848

-11%

8,036

7,580

6%

Total

2,537

2,873

-12%

8,134

7,891

3%


(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837 18725550282)
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