Ferrexpo

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Ferrexpo raised pellets output by 18% in 2Q

The Group has operated two pellet lines and intends to keep this utilization level for the remainder of the year

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Salaries in the iron and steel complex returned to the pre-war level

This year, companies in the industry are financially encouraging their employees in various ways

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Projects up to UAH 8 billion: Ukrainian business is the main investor in the economy during the war

The second year of the war showed that Ukrainian business plans development and sees prospects

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Ferrexpo improved energy efficiency through installation of new press filtration complex

Gas consumption expected to be 3% lower, as a result of lower natural gas consumption

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Ferrexpo’s DEI strategy: a successful case of the iron ore business

Last year, the company launched an updated Fe_munity program, scaling it nationwide

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Ferrexpo expanded the program to support veteran employees of the company

The program provides for the creation of all conditions for the full reintegration of the demobilized into society and the working environment

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Ferrexpo estimates decarbonisation could cost up to $3.3 bln

Main part of investments will relate to implementation of green hydrogen and solar power technologies

Dmytro Spatar: Ferrexpo was helped by long-term contracts and traditionally diversified logistics

How the company adapted to logistical restrictions in the situation of blocking sea ports

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Ferrexpo set more ambitious decarbonization targets

The company intends to reduce Scope 1 and Scope 2 emissions by 50% till 2030

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Ferrexpo paid employees an additional financial incentive for 2022

During the year, the company implemented a number of measures to maintain a decent level of remuneration for employees

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Ferrexpo average salary in 2022 exceeded industry average by 41%

The average salary of an employee of the company amounted to UAH 21.4 thousand in 2022

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Ferrexpo more than doubled its production volume in the first quarter

Better electricity supply and the launch of the second pelletizer line enabled the output increasing

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