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Ferrexpo full-year production drops marginally as demand wanes

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(Reuters) - Iron ore pellet producer Ferrexpo on Monday reported a drop in its annual production, due to weak demand for steel-making products amid sluggish global economic activity.Ferrexpo, a Swiss-based company with assets in Ukraine, produced 10.5 million tonnes of pellets for the year ended Dec. 31, 2019 from 10.6 million tonnes a year earlier.
Date Published: Jan 13, 2020
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