Author: Lalita
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Brazil: Pellet exports drop 40% on month in Sept’21 on lower Chinese demand
Brazil’s pellet export shipments were recorded at 1.32 million tonnes (mn t) in Sept’21, as per data compiled by SteelMint. Export volumes declined by 39.7%, m-o-m, compared to 2.19 mn t in Aug. Exports declined on the back of lower Chinese demand due to steel production cuts. However, on an annual basis, Brazil’s export volumes…