05
Apr
12:38
Brazil’s iron ore exports show persistent weakening
Brazil’s iron ore exports remain weak in 2024. They fell for a third consecutive month in March, reaching an 11-month low, Kallanish notes.
According to the latest Brazilian Ministry of Development, Industry and Foreign Trade (Mdic) data, shipments abroad of iron ore were 26.6 million tonnes in March, a decline of 5.7% from February’s 28.2mt and 1.9% less year-on-year. This was the lowest monthly volume exported by Brazil since April 2023, when the co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous