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Ferrexpo iron ore output falls as costs rise

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22 July 2008 @ 05:29 am EST
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Ukrainian iron ore producer Ferrexpo PLC posted a 1 percent year-on-year fall in second-quarter iron ore production to 7.2 million tonnes on Tuesday and warned that it faced cost pressures.

The shares, which have shed 35 percent over the past six weeks, fell as much as 3.3 percent and were 1.2 percent weaker at...

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