Brazilian iron ore exports hit highest monthly volume in two years

Brazilian iron ore exports increased 8.7% in September compared to the same month last year, totaling 36.295 million tonnes.
As a result, Brazilian shipments hit the highest monthly volume in two years, according to data from the Department of Foreign Trade (Secex).
This volume is only below what was recorded in September 2020, when Brazil exported 37.47 million tonnes for the month.
In 2021, Brazil exported 357.7 million tonnes of iron ore, compared to 341.6 million tonnes in the previous year.
Iron ore accounted for 74% of the country’s mineral exports last year, with over R$250 billion ($48 billion) in revenue.
Read also: Column: Iron ore navigates choppy seas amid some positive China signs
More News
Hedge funds boost bullish copper wagers to highest since October
Hedge funds and other large speculators increased net-long positions by 26%.
February 14, 2025 | 03:58 pm
Vale to raise Carajas iron ore output with $12 billion investment
Carajas, in Brazil's Para state, is Vale's largest iron ore production complex.
February 14, 2025 | 01:49 pm
Trump says he would not mind if Nippon Steel took minority stake in US Steel
Nippon's $14.9 billion pursuit of US Steel has stretched on for more than a year.
February 14, 2025 | 01:17 pm
Barrick weighs US relocation, says CEO Bristow
Moving to the US could secure Barrick a spot in the S&P 500 index, as reported by The Globe and Mail.
February 14, 2025 | 10:46 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments