pellets News — GMK Center

Global DR Pellet Supply Crunch: Why Ukraine is so Important

gembarska94 — Mon, 22 Jun 2026 05:00:17 +0000

While Midrex’s analysis for 2024 shows Ukraine exporting just 0.5 million tonnes of DR-grade pellets, this reflects the realities of war and constrained logistics, not production potential. Both of Ukraine’s major iron ore producers have proven they can deliver far more. Metinvest’s Central GOK facility, upgraded in 2021 with a new flotation circuit to produce […]

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Vale increases iron ore production to its highest level since 2018 in Q3

Masha Malonog — Thu, 23 Oct 2025 10:04:41 +0000

Brazilian mining company Vale has demonstrated the highest level of iron ore production since 2018. In the third quarter of 2025, the company produced 94.4 million tons of ore, up 3.8% year-on-year and 12.9% quarter-on-quarter. This is stated in the company’s report. The growth was driven by a new quarterly record at the S11D mine […]

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How India will decarbonize its steel industry

Masha Malonog — Mon, 07 Jul 2025 06:00:31 +0000

Indian steel industry is the most promising in the world today in the context of green transition. In terms of steelmaking growth rates, India leads the top 10 largest steel producing countries by a wide margin. This is despite modest export volumes and still significant imports of finished steel. Strong domestic demand in the world’s […]

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Ferrexpo increased DR-pellets output to almost 0.5 million tons in 2024

gembarska94 — Wed, 02 Apr 2025 08:00:27 +0000

Ferrexpo, an iron ore company with assets in Ukraine, that is listed on the London Stock Exchange, produced 489.72 thousand tonnes of DR-pellets in 2024, while no such products were produced in 2023. This is stated in the company’s report. Total pellets output in 2024 increased by 58% y/y to 6.07 million tons. In Q4 […]

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Ferrexpo increased pellet production by 42% y/y in January-September

Masha Malonog — Tue, 08 Oct 2024 09:26:45 +0000

Ferrexpo, an iron ore company with assets in Ukraine that is listed on the London Stock Exchange, stated that it increased pellet production by 41.9% in January-September 2024 compared to the same period in 2023, to 4.567 million tons. In January-September, the company produced 3.781 million tons of premium pellets from its own concentrate (65% […]

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Production of green steel: Ferrexpo expands cooperation with German Salzgitter

Masha Malonog — Fri, 24 May 2024 13:59:11 +0000

Ferrexpo plc, which owns 3 mining and processing plants in Ukraine, and Germany’s Salzgitter have signed a memorandum of understanding to supply high-quality direct reduced iron ore pellets (DR pellets) for low-carbon steel production. According to the Group’s website, the memorandum provides for the joint development of strategies for the supply of iron ore products […]

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Vale increased iron ore production by 7% y/y in Q1

Masha Malonog — Thu, 18 Apr 2024 09:18:10 +0000

Brazilian mining company Vale increased its iron ore production by 6% in January-March 2024 compared to the same period in 2023, to 70.8 million tons. This is stated in the report on the company’s website. «The increase in production was achieved due to improved operating performance of the S11D division, as well as continued asset […]

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The Central Mining restored the OK-324 roasting machine

Masha Malonog — Fri, 07 Jul 2023 05:33:21 +0000

The Central Mining and Processing Plant (Central GOK) of the Metinvest Group completed the overhaul of the OK-324 roasting machine at the clod factory. This is stated in the press release by Metinvest.Media. During the repair, specialists updated the machine horn and replaced the refractory lining. To do this, the pre-chambers were covered with fire-resistant […]

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Ferrexpo raised pellets output by 18% in 2Q

Vadim Kolisnichenko — Thu, 06 Jul 2023 10:14:06 +0000

The London listed iron ore company Ferrexpo with assets in Ukraine produced 1,066 thousand tons of pellets in the 2Q 2023, that is 18% higher compared to the previous quarter, when 901 thousand tons were produced. This data is stated in the Ferrexpo Production report for the 2Q 2023. The Group successfully overcame challenges associated […]

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Vale reduced iron ore exports by 14.3% y/y in January-April

Masha Malonog — Wed, 14 Jun 2023 07:02:24 +0000

In January-April 2023, Brazil’s largest mining company Vale reduced iron ore exports by 14.3% compared to the same period in 2022 – to 53.57 million tons. Kallanish reports about it with the reference to Sinferbase data. In April 2023, the Brazilian company exported 15.65 million tons of iron ore, which is 6.6% less compared to […]

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Izmail MTP transshipped 560,000 tons of pellets by mid-May

Masha Malonog — Fri, 26 May 2023 09:32:10 +0000

As of mid-May 2023, the state enterprise Izmail Sea Trade Port increased its pellet handling by 83% compared to the same period in 2022 – up to 560,000 tons. This was announced by the head of IZM MTP Andriy Yerokhin in an interview with Yug.Today. «At the same time, we are ahead of schedule in […]

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Ferrexpo average salary in 2022 exceeded industry average by 41%

Masha Malonog — Fri, 14 Apr 2023 07:30:00 +0000

In 2022, the average salary of an employee of the iron ore company Ferrexpo exceeded the average salary in the industry of Ukraine by 41%. This is evidenced by data from the company’s press service, provided at the request of GMK Center. In 2022, the average salary at Ferrexpo was UAH 21.4 thousand. According to […]

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Ferrexpo more than doubled its production volume in the first quarter

Masha Malonog — Thu, 06 Apr 2023 10:58:05 +0000

The Swiss iron ore company Ferrexpo with assets in Ukraine produced 901 thousand tons of pellets in the 1Q 2023, which is 116% more than in the 4Q 2022, when 420 thousand tons were produced. This data is stated in the Ferrexpo Production report for the 1Q 2023. The entire volume of output was represented […]

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Vale produced commercial volumes of pellets without the use of coal for the first time

Masha Malonog — Sat, 18 Mar 2023 09:11:46 +0000

Brazil’s largest mining company Vale has produced a large batch of iron ore pellets without using coal, which is a major step towards reducing carbon emissions. Reuters informs about it. To produce pellets, coal is usually mixed with iron ore before heating in furnaces. In a Vale’s pilot project, conducted in February 2023 at a […]

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Ferrexpo increased its share of pellet imports to Europe to 27% in 2022

Masha Malonog — Wed, 15 Mar 2023 15:30:43 +0000

Ferrexpo increased its share of pellet imports to Europe in 2022 to 27% from 23% a year ago, despite the numerous challenges associated with active hostilities in Ukraine. Such data are contained in the presentation of the financial results of Ferrexpo for 2022. Total volume of production and sales of the company decreased by 46% […]

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Ferrexpo has launched a second pellet line

Masha Malonog — Wed, 15 Mar 2023 12:06:01 +0000

Ferrexpo is expanding its production activities and has recently put into operation a second pellet line. As of March 2023, two pellet lines with monthly capacity of 250 ths tons each are in operation. Such data are contained in the presentation of Ferrexpo’s financial results for 2022. The company’s facilities include four packaging lines. So, […]

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Ferrexpo raised the share of DR-pellets in output to 6%

Vadim Kolisnichenko — Wed, 15 Mar 2023 07:45:25 +0000

Ferrexpo lowered its pellet output to 6.1 million tons in 2022, down 46% year on year, reflecting operational and logistical constraints throughout 2022 due to the war in Ukraine. In 1H 2022 the Group scaled its production activities to meet accessible pellet demand. Logistics pathways to Europe via rail and barge remain open to the […]

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Blastr Green Steel invests more than €1 billion in a pellet plant

Masha Malonog — Mon, 13 Mar 2023 13:51:26 +0000

The Norwegian company Blastr Green Steel announced that it intends to invest more than €1 billion in the construction of a plant for the production of pellets in the municipality of Gildeskål in Norway. S&P Global reports about it. The announced investment amount makes the project one of the largest industrial initiatives in the Northern […]

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Central Mining updated the equipment of the clod plant

Masha Malonog — Tue, 07 Mar 2023 03:02:43 +0000

The Central Mining and Processing Plant (Central GOK) has installed a modernized bowl-type flocculator at the clod plant to ensure a stable pellet production process. This is stated in the Metinvest. Media’s press release. “Over the past year, the staff of the Central GOK has proven its professionalism and ability to work effectively even in […]

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Ferrexpo reduced pellet production to 6.05 million tons in 2022

Masha Malonog — Wed, 11 Jan 2023 10:21:08 +0000

In 2022, the Ferrexpo company reduced the production of pellets by 46% compared to 2021 – to 6.053 million tons. The output of pellets in the fourth quarter fell by 86% y/y – to 417 thousand tons. This is stated in the report on the company’s website. Production of DR pellets with 67% iron content […]

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Central Mining reduced the production of pellets by 3% y/y in January-November 2022

Masha Malonog — Fri, 30 Dec 2022 08:11:17 +0000

In January-November 2022, the Central Mining and Processing Plant (Central GOK) reduced the production of commercial pellets by 3% compared to the same period in 2021 – to 2 million tons. This is stated in the press release of Metinvest.Media. “Thanks to coordinated actions, the collective of the combine fulfilled 100% of the planned indicators […]

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Ferrexpo produced 300,000 tons of pellets in October-December 2022

Masha Malonog — Wed, 21 Dec 2022 08:22:28 +0000

In October-December 2022, Ferrexpo company reduced the production of pellets by 64.2% compared to the previous quarter of 2022 – to 0.3 million tons. The press service of the company informed GMK Center about this. Compared to the fourth quarter of 2021, in October-December 2022, the production of pellets fell by 90.1%. A sharp decrease […]

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Central Mining installed an energy-efficient turbocharger in the maintenance shop

Masha Malonog — Tue, 20 Dec 2022 09:17:14 +0000

The Central Mining and Processing Plant (Central GOK) of the Metinvest Group installed a modern TRE60M2E turbocompressor in the technical power supply shop within the scope of optimizing electricity consumption in wartime conditions. Metinvest.Media reports about it. The energy-efficient IHI DALGAKIRAN compressor was purchased to reduce energy consumption during the production of pellets. The unit […]

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Ferrexpo to reduce carbon emissions by 50% by 2030

Masha Malonog — Fri, 09 Dec 2022 09:07:46 +0000

The Ukrainian iron ore company Ferrexpo plans to achieve up to 50% reduction in category 1 and 2 emissions per ton of produced iron ore products by 2030 compared to the base 2019 year. This is stated in the “2022 Climate Change Report” published on the company’s website. To date, the company has achieved a […]

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Turkish Erdemir to build a plant for the production of pellets for $550 million

Masha Malonog — Fri, 04 Nov 2022 10:04:21 +0000

The Turkish steel company Erdemir announced its intention to invest approximately $550 million in the construction of a new plant for the production of pellets. SteelData reports about it on its Linkedin page. The decision to create a new ore-making plant was made after the completion of drilling operations at the Bingel-Avnyk mine site. Iron […]

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In January-June, Ferrexpo reduced production to 4.8 million tons

ilona makedon — Thu, 07 Jul 2022 12:04:14 +0000

In January-June 2022, Ferrexpo company reduced the production of pellets by 16% compared to the same period in 2021, to 4.8 million tons. The output of pellets in the second quarter fell by 21%, to 4.4 million tons, the company’s press release reads. The company’s sales in the first half of the year decreased by […]

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Ferrexpo reduced pellet production by 8% in January-May

ilona makedon — Mon, 13 Jun 2022 12:50:57 +0000

In January-May 2022, Ferrexpo reduced the production of pellets by 8% compared to the same period in 2021, to 4.4 million tons, according to a press release. From March to May, the company’s warehouses collected about 400,000 tons of pellets due to logistical constraints. Ferrexpo intends to reduce inventories as soon as traffic restrictions are […]

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Central Mining set up pellets production remote control in a bomb shelter

ilona makedon — Mon, 09 May 2022 08:34:11 +0000

Specialists of Ukraine’s Central Mining and Processing Plant installed a control panel for Eirich mixers and an OK-324 roasting machine in a bomb shelter. It will help not to stop production during air raids controlling the equipment of the pellet plant remotely MetinvestMedia reported. In the units that needed constant supervision, remote control was established. […]

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

Vadim Kolisnichenko — Thu, 29 Jul 2021 10:01:01 +0000

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 […]

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Ferrexpo to invest $2 billion by 2030 to increase pellet production

Vadim Kolisnichenko — Tue, 29 Dec 2020 07:01:50 +0000

The Ferrexpo Group is going to spend $2 billion in capital investment in 2020–2030 to double pellet production, according to Interfax-Ukraine. “In 2020, a project has been completed at Poltava Mining for the construction of the Section No. 9 complex of the beneficiation plant for additional production of finished products. This will increase annual concentrate production by […]

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Ferrexpo reduced production of iron ore pellets by 0.8% in 2019

Aleksandr — Fri, 31 Jan 2020 07:02:12 +0000

According to Interfax-Ukraine, in 2019, Ferrexpo Group decreased production of iron ore pellets by 0.8% against the previous year, down to 10.5 million tons. Production of 65% Fe high-quality premium pellets increased by 1.9%, up to 10.2 million tons against 2018, while production of 62% Fe poor-quality premium pellets fell by 41%, down to 402.83 thousand tons. In Q4 2019, the Ferrexpo Group increased iron ore pellet […]

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Zhevago temporarily steps aside from his position of CEO at Ferrexpo

Aleksandr — Thu, 31 Oct 2019 09:02:47 +0000

According to the official press release of Ferrexpo plc, businessman Kostyantyn Zhevago has informed the Board of Ferrexpo of his decision to step aside, temporarily, from his position of Chief Executive Officer of the Group. According to the release, Mr Zhevago is going “to focus on resolving certain matters in Ukraine relating to one of the businesses he owned […]

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Ukraine ramped up steel production by 4% in 9 months

Aleksandr — Wed, 16 Oct 2019 08:26:10 +0000

According to Ukrmetallurgprom, in January to September, Ukrainian mining & metals companies increased production of steel by 4%, up to 16.4 million tons, rolled products — by 2%, up to 14.09 million tons, and pig iron — by 1%, up to 15.5 million tons, compared to the same period a year earlier. By the end of September, Ukrainian […]

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In 2019, Ferrexpo plans capital investment worth $220–300 million

Aleksandr — Wed, 03 Jul 2019 11:56:48 +0000

According to the 2018 financial performance report of Ferrexpo plc, the Ferrexpo Group plans capital investment in development projects in 2019 in the amount of $220–$300 million. “Our balance sheet is now strong and this gives us a platform to deliver the next stage in our planned expansion. This year we plan to increase investment once […]

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