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08 Mar
08:50

Brazil’s February ore exports reach one-year low

Brazil’s iron ore exports remain weak in 2023. They fell for a second consecutive month in February, reaching a one-year low, Kallanish notes. According to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data, shipments abroad of iron ore were 23.4 million tonnes in February, a fall of 4.9% over January’s 24.6mt but 25.5% higher on-year. This was the lowest monthly volume exported by Brazil since February 2022, whe…
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