04
Feb
13:30
Brazil’s January ore exports fall following heavy rains
Brazil saw its iron ore exports sharply decrease in January. Lower shipments resulted from the heavy rains that hit the country at the beginning of 2022, Kallanish notes.
According to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data, shipments abroad of iron ore reached 25.2 million tonnes in January. This was 5.9mt or 19% down over December 2021 and also a fall by 12.8% year-on-year. January saw the lowest monthly volume e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous