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07 Mar
11:02

Brazil’s February iron ore exports reach ten-month low

Brazil’s iron ore exports remain weak in 2024. They fell for a second consecutive month in February, reaching a ten-month low, Kallanish notes. According to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data, shipments abroad of iron ore were 28.3 million tonnes in February, a fall of 3.4% over January’s 29.3mt but up 21.4% on-year. This was the lowest monthly volume exported by Brazil since April 2023, when the …
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