Company Update and Analyst Comment on Latest Events 10/20/09
Contents:
- Comment on Company’s Latest Events and Forecast;
SHARE PRICE LOOKS PROMISING IN LONG-TERM;
THE COMPANY REPORTED Q3 PRODUCTION IMPROVEMENT;
REDUCTION OF COSTS IN Q3 2009;
STEEL INDUSTRY IS LIKELY RECOVER IN LONG-TERM;
RISK SLIGHTLY RISES BECAUSE OF ECONOMICAL AND POLITICAL PROBLEMS;
GOOD TODAY, BETTER TOMORROW;
OUR EXPECTATION REMAINED THE SAME;
- Comment on Industry’s Latest Events and Forecast;
RUSSIA’S METAL INDUSTRY IS RECOVERING;
DEMAND ON NICKEL AND ALUMINUM IS EXPECTED TO GROW;
POSITIVE NEWS FROM CHINA;
RIO RAISED ITS 2009 FORECAST FOR IRON ORE OUTPUT;
- Prices on London Metal Exchange;
- Country’s Highlights;
THE ECONOMY IS IN RECESSION AND IS NOT LIKELY TO RECOVER SOON;
HOUSEHOLD CONSUMPTION IS EXPECTED TO DECREASE IN MID-TERM;
UKRAINE WILL NOT BE ABLE TO PAY ITS DEBTS ITSELF IN LONG-TERM;
ACCORDING TO GALLUP, UKRAINIANS DO NOT SUPPORT THEIR GOVERNMENT;
PRESIDENTIAL ELECTIONS MAY CHANGE THE DIRECTION OF ECONOMY, BUT WE EXPECT NO RECOVERY IN THE NEAREST THREE YEARS.
This report provides analyst comment on company’s latest events and performance. Additionally, comment and opinion on recent events and growth-driving factors of industry and country of primary business are provided. Report contains forecast on business risk and growth possibilities of the company, industry and country of primary business, providing reader with necessary information to make decisions.
Key reasons to read this report:
- Report contains only relevant information, leaving out excessive data.
- Understand company’s opportunities, competitive situation and business risk.
- Understand which events influence company performance.
- Understand which events influence the situation of industry.
- Independent analyst comment and opinion.
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Price for this Report: €50 / $100
Price for 30-days Unlimited Report Access (subscription includes all our reports): €30 / $50
Contents:
- Comment on Company’s Latest Events and Forecast;
SHARE PRICE LOOKS PROMISING IN LONG-TERM;
THE COMPANY REPORTED Q3 PRODUCTION IMPROVEMENT;
REDUCTION OF COSTS IN Q3 2009;
STEEL INDUSTRY IS LIKELY RECOVER IN LONG-TERM;
RISK SLIGHTLY RISES BECAUSE OF ECONOMICAL AND POLITICAL PROBLEMS;
GOOD TODAY, BETTER TOMORROW;
OUR EXPECTATION REMAINED THE SAME;
- Comment on Industry’s Latest Events and Forecast;
RUSSIA’S METAL INDUSTRY IS RECOVERING;
DEMAND ON NICKEL AND ALUMINUM IS EXPECTED TO GROW;
POSITIVE NEWS FROM CHINA;
RIO RAISED ITS 2009 FORECAST FOR IRON ORE OUTPUT;
- Prices on London Metal Exchange;
- Country’s Highlights;
THE ECONOMY IS IN RECESSION AND IS NOT LIKELY TO RECOVER SOON;
HOUSEHOLD CONSUMPTION IS EXPECTED TO DECREASE IN MID-TERM;
UKRAINE WILL NOT BE ABLE TO PAY ITS DEBTS ITSELF IN LONG-TERM;
ACCORDING TO GALLUP, UKRAINIANS DO NOT SUPPORT THEIR GOVERNMENT;
PRESIDENTIAL ELECTIONS MAY CHANGE THE DIRECTION OF ECONOMY, BUT WE EXPECT NO RECOVERY IN THE NEAREST THREE YEARS.
This report provides analyst comment on company’s latest events and performance. Additionally, comment and opinion on recent events and growth-driving factors of industry and country of primary business are provided. Report contains forecast on business risk and growth possibilities of the company, industry and country of primary business, providing reader with necessary information to make decisions.
Key reasons to read this report:
- Report contains only relevant information, leaving out excessive data.
- Understand company’s opportunities, competitive situation and business risk.
- Understand which events influence company performance.
- Understand which events influence the situation of industry.
- Independent analyst comment and opinion.
This report will become available for purchase after you register and log in
Price for this Report: €50 / $100
Price for 30-days Unlimited Report Access (subscription includes all our reports): €30 / $50
Ferrexpo is principally involved in the production and export of iron ore pellets to the global steel industry. Backed by one of the largest iron ore resources in the world, Ferrexpo’s aim is to realize the potential of the unique resource and to be a globally recognised supplier of iron ore pellets. At the core of the business is the Ferrexpo Poltava Mining (FPM) operation, with approximately 20 billion tonnes of iron ore resource, based on the banks of the river Dnieper in central Ukraine. This favorable location offers good access to the Black Sea ports and excellent railway and waterway links into Central Europe. The ore mined at FPM has an iron content of around 30%, which is processed and converted to iron ore pellets with an iron content of 62% and 65%. Pellets are principally used by steel mills in blast furnaces to make iron and steel and have positive process and environmental qualities. Sales and logistics are carried out by a specialist marketing division, headquartered in Switzerland, with further offices in Shanghai, London and Kiev. Principal customers are in Western, Central and Southern Europe, China and other parts of Asia.
Latest News
BBA: Ferrexpo`s Business Risk Remains Low
We keep our long-term outlook the same as in our last reports. We believe that Ferrexpo’s growth chances are high...
We keep our long-term outlook the same as in our last reports. We believe that Ferrexpo’s growth chances are high...
BBA: Political Crisis In Ukraine Will Remain
The political crisis will remain because it is only a mirror of a more deep social conflict behind the scene. Ukraine is socially divided into two pieces. East supports Russia’ candidates and way of living, while western part of Ukraine supports US.
The political crisis will remain because it is only a mirror of a more deep social conflict behind the scene. Ukraine is socially divided into two pieces. East supports Russia’ candidates and way of living, while western part of Ukraine supports US.
Q4 2009 Was the Strongest Quarter In 2009 For Ferrexpo (FXPO) In Terms of Production
Pellet production from own raw materials rose by 21.7% in Q4 2009 compared to the same quarter last year.
Pellet production from own raw materials rose by 21.7% in Q4 2009 compared to the same quarter last year.
Ferrexpo Reported Record Production Volume In November
In November production volume was the highest in 2009, representing 1% increase q-o-q and 55% growth compared to November 2008.
In November production volume was the highest in 2009, representing 1% increase q-o-q and 55% growth compared to November 2008.
BBA: STEEL INDUSTRY IS LIKELY TO RECOVER IN LONG-TERM
The economy of China seems to be recovering from crisis and the manufacture is experiencing growth.
The economy of China seems to be recovering from crisis and the manufacture is experiencing growth.
