Author: Nidhi Awasthi

Brazil’s iron ore exports rose by 21% y-o-y to 28.3 mnt in Feb’24 compared to 23.3 mnt in Feb’23, as per Customs data. However, volumes decreased by 4% m-o-m as against 29.4 mnt in Jan. The average price of iron ore shipped from Brazil stood at $98.2/t FOB in Feb, up y-o-y compared to $84.3/t…