Business news from Ukraine

FERREXPO WHICH IN UKRAINE CONTROLS POLTAVA AND YERISTOVO MINING ENTERPRISES LEADS IN EXPORTS OF PELLETS IN CIS

31 January , 2019  

Ferrexpo Plc (the U.K.), which in Ukraine controls Poltava and Yeristovo mining enterprises, in 2018 exported 10.287 million tonnes of pellets to European countries, as well as to Japan, Taiwan, South Korea and China, remaining the leader in exports of pellets among similar companies from the CIS. The company said in a press release on Wednesday that the information was published by state-owned enterprise Ukrainian Industry Expertise.
Poltava Mining exported 7.61 million tonnes of iron ore pellets and Yeristovo Mining – 2.677 million tonnes.
According to the document, the Metinvest group exported 5.374 million tonnes of pellets (including Pivnichny Mining – 3.136 million tonnes, Central Mining – 2.239 million tonnes).
The Severstal Group, in particular, the Karelsky Okatysh (Russia) exported 5.293 million tonnes of iron ore pellets for the reporting period. The Metalloinvest group exported 4.205 million tonnes of pellets (including Mikhailovsky GOK – 2.817 million tonnes, Lebedinsky GOK – 1.389 million tonnes, all of them based in Russia). The Evraz group, in particular EVRAZ KGOK, exported 558,900 tonnes of pellets.
“Ferrexpo has traditionally become the leader in the export of iron ore pellets among the enterprises of the former USSR countries, according to the results of 12 months of 2018,” the company said in the press release referring to the data of Ukrainian Industry Expertise.
In addition, it is reported that during this period, Poltava Mining produced 10.607 million tonnes of iron ore pellets. The production of Mikhailovsky GOK totaled 14.887 million tonnes of iron ore pellets, Karelsky Okatysh – 11.225 million tonnes, and Pivnichny Mining – 8.45 million tonnes.

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