Ferrexpo's iron ore pellet production hikes in Q4 2021 q-o-q
Time:Mon, 17 Jan 2022 09:04:54 +0800
keywords :
Ferrexpo plc, a Swiss-headquartered iron ore company, reported its iron ore pellet production (including pellet and fines) of around 3.1 million tons in the fourth quarter of 2021, increasing by 17% compared to the previous quarter while dropping by 2% from the same period a year ago.
Among them, the production of iron ore pellets was around 3.06 million tons, a quarter-on-quarter hike of 18% and a year-on-year decline of 1%.
Ferrexpo’s operations and logistics during the quarter were less affected by the COVID-19 epidemic. In 2021, the production of iron ore pellets and fines amounted to approximately 11.45 million tons.
With the completion of the pellet line upgrade, the prospect of high-quality and high-grade iron ore pellets will be very optimistic in 2022.
