Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Brazil’s iron ore exports in September grew by 18.5pc to 37.86mn mt from the same month last year and by 21pc from August this year.


According to media reports citing data by the customs authorities, iron ore exports in the South American country reportedly increased in September after Vale restarted full operations at its Viga plant.


The September iron ore export volume is the biggest since December 2015 when Brazil exported 39.5mn mt of the material, the Ministry of Industry, Foreign Trade and Services indicated.


The country’s iron ore exports have been projected to decline in 2020 to 310mn mt from 340mn mt in 2019 due to the severe impact of the COVID-19 pandemic on the country’s production of the material.



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