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Ferrexpo shows resilience in H1 2023 results

Ferrexpo, the Ukrainian iron ore pellet producer, has posted H1 results which demonstrate a rise in output revenue compared to the second half of 2022.

Siobhan Lismore-Scott
The Ferrexpo team have worked hard to keep operations running smoothly. Source: Ferrexpo

The Ferrexpo team have worked hard to keep operations running smoothly. Source: Ferrexpo

Ferrexpo produced 1.96Mt of iron ore pellets, up 57% from H2 2022 and posted EBITDA of $64 million, down 77% on H2 2022. The company is working at 25% of capacity since the start of the illegal invasion...

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