London-listed Ferrexpo, the world’s third-largest exporter of iron ore pellets for the steel industry, has issued force majeure notices telling some customers supplies have been cut off after the port it operates from in Ukraine suspended operations.
The trading and mining company’s headquarters are in Switzerland but it operates in Ukraine, where it has three mines and a production facility. It said that export facilities at the port of Pivdennyi in the south-west of Ukraine have been “temporarily suspended following notification from the port authorities”.
