Ferrexpo ramped up production of DR iron ore pellets by 28% in H1

The Ferrexpo Group increased production of 67% Fe DR (i.e. direct reduction) iron ore pellets by 28% to 135 thousand tons in H1 2021 y-o-y, according to a report posted on the Company’s website.

In Q2 2021, Ferrexpo produced 85 thousand tons of DR pellets, 70% up from Q1 but 13% down from Q2 2020.

“The Group continues to develop its offering of DR 67% Fe pellets, with this pellet type representing the pathway to low-carbon steel production. In H1 2021, the Group signed its first long-term contract for the supply of DR pellets, with further trial shipments and samples for testing dispatched to additional prospective customers,” reads Ferrexpo’s report.

In January–June 2021, Ferrexpo cut production of pellets by 0.6% to 5.6 million tons compared to the same period a year earlier.

In Q2 2021, the Group produced 2.8 million tons of pellets, 0.8% down y-o-y and 5% up q-o-q, reflecting the successful completion of pelletizer upgrade work during the prior period.

Additional production of 85 thousand tons of high-grade concentrate for sale in 2Q 2021 is related to the commissioning and ramp up of the Group’s concentrate stockyard project.

The share of 65% Fe and 67% Fe iron ore pellets in the total production output was 100% in Q2, against 99% in Q2 2020.

The Ferrexpo Group is the largest producer and exporter of pellets among the former Soviet Union countries. Its production assets include Poltava Mining and Yeristovo Mining.

Ferrexpo plc holds 100% of shares in Ferrexpo AG, which, in its turn, owns 100% of shares in Poltava Mining and 100% of shares in Yeristovo Mining.

In 2020, Ferrexpo increased production of iron ore pellets by 7% to 11.2 million tons against the previous year. The Company’s sales grew by 17% to 12.1 million tons.

  • Companies

Tenaris has begun construction of its second wind farm in Argentina

Tenaris has announced the start of construction of its second wind farm in Argentina, La…

Saturday June 28, 2025
  • Companies

Metinvest has created protective armor for Patriot air defense systems

As part of the Steel Front initiative, Metinvest Group has manufactured and installed special protective…

Saturday June 28, 2025
  • Companies

Arvedi Group raises €900 million to expand production and decarbonize

Italian steel company Arvedi Group has raised €900 million in financing to implement a large-scale…

Friday June 27, 2025
  • Global Market

Domestic demand for steel in China continues to fall

Domestic demand for steel in China, according to market participants' estimates, continued to fall in…

Friday June 27, 2025
  • Industry

Construction works performed in Ukraine in January-April fell by 13% y/y

The index of construction work performed in Ukraine in January-April 2025 decreased by 13% compared…

Friday June 27, 2025
  • Global Market

Emissions in China’s steel industry sector rose by 17.9% y/y in May

In May 2025, Chinese steel enterprises belonging to the CISA industry association increased their total…

Friday June 27, 2025