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07 Jan
10:51

Brazil’s 2021 ore exports recover after two-year decline

Brazil saw annual iron ore exports recover in 2021 after two years of underperformance. However, shipments are still weak compared to the period before the impact of Vale’s Brumadinho dam rupture in January 2019 and the Covid-19 crisis in 2020, Kallanish notes. According to the Brazilian Ministry of Development, Industry and Foreign Trade (Mdic), exports of iron ore totalled 357.68 million tonnes in 2021. This was an increase of 4.9% compared to 2020. During…
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