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Ferrexpo plc pellet production up 5% in Q2 CY20

Ferrexpo plc, third largest exporter of pellet in the global market has released its Q2 CY20 results yesterday. The company recorded pellet production at 2.9 mn t in Q2 CY20, up 5% as compared to 2.7 mn t in Q1 CY20.
On a half yearly basis too, output picked up 5% in H1CY20 at 5.6 mn t as compared to 5.4 mn t in H1 CY19. As per company reports, the impact of COVID-19 remains minimal on the company’s operations. High grade pellet production up 7% in Q2CY20 Out of the total 2.9

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