Plus   Neg

Ferrexpo Q3 Pellet Production Sequentially Declines; Cuts FY Production View

Ferrexpo plc (FXPO.L) reported that its total pellet production for the third-quarter of 2019 declined 9.8% to 2.54 million tonnes from 2.81 million tonnes in the second-quarter of 2019.

Total pellet production for the nine-month of 2019 grew 1.7% from the prior year.

The company said its full year production will likely be in the range of 10.4 million tonnes to 10.6 million tonnes compared to the previous guidance of 10.6 million tonnes, citing the current market environment.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Hongkong Sun Rise Trading Ltd. has recalled about 151,400 units of Kobalt Cordless Electric chainsaws and about 106,520 units of Kobalt Cordless Electric pole saws for possible laceration hazard, according to two separate statements issued by the U.S. Consumer Product Safety Commission. These include 1,400 chainsaws and 120 pole saws sold in Canada. Branded food company Hormel Foods Corp. (HRL) announced Friday that its Hormel Black Label Breakfast Food Truck will hit the road with free sample event of the popular brand's new Hormel Black Label Oven-Baked Egg Bites. The samples come in three variants - with Bacon, with Chorizo and with Bacon and... United Airlines has rolled out an interactive online "Map Search" feature for its customers in collaboration with search giant Google. The new feature is powered by Google Flight Search Enterprise Technology. United is claimed to be the first airline in the U.S. to add this feature. The new feature, available on United.com, allows customers to easily search, compare and purchase flight tickets.
Follow RTT