Ferrexpo PLC (FXPO.L)
FXPO.L on London Stock Exchange
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Ferrexpo plc is engaged in the production and export of iron ore pellets, which are used in the manufacture of steel. The Company and its subsidiaries operate a mine and processing plant near Kremenchuk in Ukraine, an interest in a port in Odessa and sales and marketing activities in Switzerland, Dubai and Kiev. The Company also... (more)
LONDON, Dec 22 - Ukrainian iron ore miner Ferrexpo has cut its December production outlook due to lower power supplies and will reduce spot sales to give priority to long-term contracts if the situation continues in the first quarter of 2015.