Brazil – world’s second largest iron ore exporter recorded 10% fall in H1 iron ore exports to 146.23 mn t against 161.84 mn t in H1 CY19. The exports have dropped due to supply concerns from major Brazilian miners due to temporary halt in the operations followed by mines’ suspension during Q2 CY20 amid the COVID-19 pandemic. China remained the largest importer at 98.77 mn t, up 13% y-o-y.
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