Overview
Description
Ferrexpo plc is a major player in the global mining sector, specializing in the production of iron ore pellets. These pellets are a crucial raw material used in the steel manufacturing industry, which is foundational to various other industries such as construction, automotive, and infrastructure development. Headquartered in London, Ferrexpo operates mines primarily in Ukraine, known for their high-grade iron ore reserves.
The company focuses on mining, processing, and selling iron ore pellets, primarily used in the production of steel by major steel producers worldwide, particularly in Europe and Asia. Ferrexpo’s operations include mining, processing, and logistics, ensuring that its high-quality iron ore pellets meet the stringent demands of its customers.
Market-wise, Ferrexpo holds a significant position due to its strategic location and capability to supply iron ore to some of the largest steel producers globally. By investing in mining technologies and sustainable practices, Ferrexpo plays a vital role in the supply chain of the steel industry, contributing to infrastructural developments and economic growth around the world through its production capabilities and export operations.
About
Instrument type
Common stock
Sector
Basic Materials
Industry
Steel
Country
United Kingdom
MIC code
XLON