Author: Nidhi Awasthi
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Brazil: Iron ore exports drop by 4% m-o-m in Sep’24
Thinning steel margins curb demand Brazilian iron ore prices plunge $6/t Brazil’s iron ore exports fell 4% m-o-m to 32.51 million tonnes (mnt) in September 2024 compared to 34 mnt in August, as per vessel line-up data maintained with BigMint. Weak demand for iron ore from China, following high inventories at ports and low margins…