Ferrexpo

Since the beginning of the war, the fund has provided assistance to 5 million people and 7 regional centers of Ukraine

From October 11, 2022, the company had to suspend capacity due to massive damage to the Ukrainian energy infrastructure

The Ferrexpo company temporarily stopped production at its enterprises, and ArcelorMittal Kryvyi Rih limited capacity. Metinvest enterprises are focused on preventing emergency situations that could potentially arise due to the lack of a stable power supply

In the third quarter of 2022, production fell by 68% y/y – to 839 thousand tons

The works are planned to be carried outin the part of the filtering and averaging building of the concentrate “1, A and No. 2, B".

But Fitch also notes the company's satisfactory liquidity and expects free cash flow in 2022-2024 to be neutral

In particular, they became truck drivers, craftsmen, mechanics and medical personnel

Non-considered steps in finances and logistics can create additional risks for the industry

During the same period, the company's sales fell by 21% due to difficult logistics

Before, the company owned 5.67% of Ferrexpo shares

In five months, the company produced 4.4 million tons of products

Poltava hosted more than 113 thousand internally displaced people, of which more than 60 thousand children of different ages