iron ore

The output of sinter ore for December 2023 increased by 12.4% y/y and 7.4% m/m

Limited logistical opportunities for export remain a restraining factor

In 2023, the volume of raw material imports increased by 6.6% y/y

Export of scrap steel from the country has more than doubled in a year

The company has reduced the production of iron ore in Kryvyi Rih by 25% from 2022

The production of sinter ore for January-November 2023 decreased by 26.1% y/y

Iron ore processing is the main electricity consumption process in Ferrexpo`s operations

In November, this indicator increased by 6.6% year-on-year and fell by 1.1% m/m

In January-November, mining companies of Ukraine reduced shipments of ferrous metals to foreign consumers by 30.5% y/y

The Simandou iron ore project is the world's largest untapped raw material deposit with resources of 2.8 billion tons

It was the first time the company exported iron ore from a port outside Australia

Probably, the prices of raw materials have reached a peak value