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Photo – Zhevago temporarily steps aside from his position of CEO at Ferrexpo
Zhevago temporarily steps aside from his position of CEO at Ferrexpo

The Board has appointed Chris Mawe, Chief Financial Officer, to replace Mr Zhevago

Photo – Ukraine ramped up steel production by 4% in 9 months
Ukraine ramped up steel production by 4% in 9 months

However, by the end of September, steel production fell by 10%

Photo – In 2019, Ferrexpo plans capital investment worth $220–300 million
In 2019, Ferrexpo plans capital investment worth $220–300 million

The company expects to increase production capacity by 13% until 2021, up to 12 million tons of iron pellets per annum

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