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06 Jun
08:48

Brazilian iron ore exports show some May recovery

Brazilian iron ore exports have continued to underperform since the announcement of Vale`s production cuts following the Brumadinho dam rupture in January. Shipments abroad fell year-on-year for a third consecutive month in May, but saw a significant recovery on a monthly comparison reaching the highest volume since January, Kallanish notes According to Brazilian Ministry of Development, Industry and Foreign Trade (Md…
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