Ferrexpo's sales volumes soar but market price suffers steep drop

Ferrexpo, an iron ore company with assets in Ukraine, delivered a 9.9 per cent quarter-on-quarter (q/q) rise in sales volumes during the three months to September 30th at 2,47m tonnes.

Ferrexpo, an iron ore company with assets in Ukraine, delivered a 9.9 per cent quarter-on-quarter (q/q) rise in sales volumes during the three months to September 30th at 2,47m tonnes.

However, as a result of the 19.5% decline in the market price in the third quarter, the average realised price during the period was below that of the previous quarter.

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