Author: Nidhi Awasthi

Brazil’s iron ore export shipments declined by 3% m-o-m to 33.84 million tonnes (mnt) in August 2024 compared to 34.89 mnt in July, as per vessel line-up data maintained with BigMint. Subdued Chinese demand amid falling steel margins, global economic uncertainties, and a cautious approach among steelmakers have weighed on Brazil’s iron ore exports. Exports…