OREANDA-NEWS. On 03 September 2009 was announced, that Ferrexpo (FXPO LN) said in a monthly production report issued yesterday that it produced 762.7 ths mt of pellets in August, an increase of 1.0% mom, but a decrease of 9.3% yoy. Ferrexpo has made 5.66 mln mt of pellets in 8M09, a decrease of 9.6% yoy. The company said it continued to produce at full capacity in August, which it has done since March.

Concorde Capital: We continue to forecast stable production for the company in coming months, backed by strengthened demand from steelmakers.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.