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Iron ore production in Ukraine: Ferrexpo Product Image

Iron ore production in Ukraine: Ferrexpo

  • ID: 683153
  • January 2009
  • Region: Ukraine
  • 16 pages
  • Concorde Capital

Ferrexpo's 2008 output was down 0.6% yoy, much shallower than its CIS peers' cuts. The company’s focus on Europe and China will keep its capacity 60-70% loaded in 2009, even with a planned 10-20% production decline. Ferrexpo’s cash balance and operating c

Outlook for 2009: Production cut on the back of shrinking demand
Investments on hold, waiting for better times
Debt repayment schedule in 2009 looks feasible
Iron ore market: Power returns to consumers?
Coming events: RPGI-NWR deal, Meeting with analysts

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