Author: Nidhi Awasthi
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Brazil: Iron ore exports inch down by 2% y-o-y in Mar’24
Brazil’s iron ore exports edged down by 2% y-o-y to 26.63 mnt in Mar’24 compared to 27.14 mnt in Mar’23, as per Customs data. However, volumes decreased by 6% m-o-m as against 28.3 mnt in Feb. The average price of iron ore shipped from Brazil stood at $92.2/t FOB in Mar, up y-o-y compared to…