pellets - Latest news GMK Center

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

For the production of products, instead of traditional fossil raw materials, the company used biochar obtained from biomass

The company notes an increase in demand for pellets from European steelmakers in the 1Q 2023

It will allow to reach 50% capacities utilization

Ferrexpo facilities are flexible for producing BF-pellets or DR-pellets

Production is planned to start in 2028

The plant has installed a modernized bowl-shaped flocculator at the plant to ensure stable production of pellets

In the fourth quarter of 2022, production fell by 86% y/y – to 417 thousand tons

The plant fulfilled the planned indicators for production and processing of products by 100%

The decrease in production is caused by the forced shutdown of capacities in October 2022 due to interruptions in energy supply

The unit allows to reduce electricity consumption during the production of pellets by more than 40% – or to save more than UAH 11 million per year

The company has already achieved a 30% reduction in emissions in categories 1 and 2 compared to the base year of 2019