Ferrexpo Plc (FXPOL)

76.80p
   
  • Change Today:
    -0.020p
  • 52 Week High: 89.78p
  • 52 Week Low: 38.68p
  • Currency: UK Pounds
  • Shares Issued: 585.35m
  • Volume: 61,200
  • Market Cap: £449.55m

Ferrexpo pellet production dips

By Ikaba Koyi

Date: Thursday 06 Jul 2017

LONDON (ShareCast) - (ShareCast News) - Ferrexpo, the iron ore producer, announced a dip in first-half pellet production from the previous year.
According to the FTSE 250-listed group's production report for the second quarter of 2017, production of iron ore pellets dropped 9.8% to 5,160 thousand tonnes in the first half of 2017, from 5,723 thousand tonnes in the first half of 2016.

Production in the second quarter of 2,536 thousand tonnes was also down 3.3% from the first quarter.

The Ukraine-focused, Swiss-headquartered company is the third largest exporter of pellets to the global steel industry. A total of 11.2m tonnes of pellets were produced in 2016.

Shares were up 20% to 203.50 by 09:16 BST.











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Ferrexpo Plc Market Data

Currency UK Pounds
Share Price 76.80p
Change Today -0.020p
% Change -2.54 %
52 Week High 89.78p
52 Week Low 38.68p
Volume 61,200
Shares Issued 585.35m
Market Cap £449.55m

What The Brokers Say

Strong Buy 1
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Neutral 2
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Total 3
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Ferrexpo Plc Key Personnel

CFO Nikolay Kladiev

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