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Ferrexpo reels as tax policy disrupts Ukrainian output

By Iain Gilbert

Date: Wednesday 06 Aug 2025

(Sharecast News) - Iron ore producer Ferrexpo said on Wednesday that Ukraine's VAT refund suspension had forced it to scale back operations and furlough a significant portion of its workforce.
Despite a strong start to the year, Ferrexpo said momentum was curtailed in Q2, forcing it to make deep cost cuts,...

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