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  2. Share Prices
  3. Ferrexpo Share Price
  4. Ferrexpo Share News
  5. IN BRIEF: Ferrexpo resumes production in Ukraine after missile strike

Pin to quick picksFerrexpo Share News (FXPO)

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Share Price Information for Ferrexpo (FXPO)

London Stock Exchange
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Share Price: 44.95
Bid: 44.90
Ask: 45.35
Change: -0.15 (-0.33%)
Spread: 0.45 (1.002%)
Open: 45.00
High: 45.30
Low: 44.90
Prev. Close: 45.10
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IN BRIEF: Ferrexpo resumes production in Ukraine after missile strike

Tue, 01st Nov 2022 11:07

Ferrexpo PLC - Swiss-headquartered, Ukraine-focused iron ore exporter - Resumes production in central Ukraine, following a temporary suspension announced October 11 due to Russian missile strikes on state-owned electrical infrastructure. Says repair work has progressed to allow for partial resumption of production, although supply of power remains variable.

Ferrexpo is focused on drawing down on its stockpiles of finished iron ore products to maintain supplies to its customers. It says it has been able to use these stockpiles to ensure a consistent supply to customers since the event, and has sufficient stockpiles to meet demand.

Current stock price: 102.82 pence, up 0.7%

12-month change: down 67%

By Holly Beveridge; hollybeveridge@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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