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Ferrexpo - Latest news GMK Center

Photo – The mining & metals sector accounts for 10% capex in Ukraine
The mining & metals sector accounts for 10% capex in Ukraine

Are those investments stable and can they be relied on in the future?

Photo – Ferrexpo increased railway shipments to Europe by 54% in 10M
Ferrexpo increased railway shipments to Europe by 54% in 10M

At the same time, port shipments to distant markets dropped 19.1%

Photo – Ferrexpo undertakes a commitment to achieve zero carbon emissions by 2050
Ferrexpo undertakes a commitment to achieve zero carbon emissions by 2050

The Group is going to achieve a 30% reduction in combined Scope 1 and 2 CO2 emissions by 2030

Photo – Ferrexpo reduced pellet production by 9% in Q3
Ferrexpo reduced pellet production by 9% in Q3

The Company increased its output 0.3% in 9M

Photo – Ferrexpo decreased pellet production by 11% in August
Ferrexpo decreased pellet production by 11% in August

The Company increased its output 1% in 8M

Photo – Ferrexpo ramped up pellet production by 28% in July
Ferrexpo ramped up pellet production by 28% in July

The Company increased its output 2.9% in 7M

Photo – Ferrexpo increased railway shipments to Europe by 81% in 7M
Ferrexpo increased railway shipments to Europe by 81% in 7M

Conversely, shipments to ports fell by 21.3%

Photo – Ferrexpo increased the share of exports to the EU by 48% in H1
Ferrexpo increased the share of exports to the EU by 48% in H1

The share of sales to Southeast Asian countries, including China, fell from 68% to 29%

Photo – Ferrexpo launches a 5 MW solar power plant
Ferrexpo launches a 5 MW solar power plant

The Company uses almost 10 thousand solar panels from Jinko Solar for the project

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

The Group produced 5.6 million tons of iron ore pellets in H1

Photo – Ferrexpo to put into operation a pilot 5 MW solar power plant in July
Ferrexpo to put into operation a pilot 5 MW solar power plant in July

Transition to renewables is one of the company’s decarbonization priorities

Photo – Greenhouse effect: decarbonization is already changing steelmaking technologies
Greenhouse effect: decarbonization is already changing steelmaking technologies

Metallurgists consider electrometallurgy based on DRI and the use of hydrogen to be promising for reducing CO2 emissions.

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