Market News
Brazil’s iron ore exports rise in Jun
According to statistics from the Brazil Ministry of Development, Industry and Foreign Trade (MDIC), Brazil’s iron ore exports totaled 34.4 million tons in June this year, falling by 2% compared to the previous month but rising by 7.5% from the year-ago level. This figure hit the second-high monthly exports since 36 million tons in September last year.

In the first half of this year, Brazil’s iron ore exports amounted to nearly 170 million tons, a year-on-year increase of 10%. Among them, the shipment to China accounted for the largest proportion at 60% of the total.