GRR 2.47% 41.5¢ grange resources limited.

Ferrexpo isn’t the only pellet producer that would be hurting...

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    Ferrexpo isn’t the only pellet producer that would be hurting atm.
    Metalloinvest is a decent size Russian pellet producer that has probably be cut off now with sanctions.

    They produced 14 m/t for the 1H last year.
    not sure how much is domestic or exported.
    Not saying we’ll see a squeeze like we’ve seen in the nickel price, but you would think supply is drying up.

    Shame it’s under these circumstances.
 
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