Brazil: Iron ore exports down 24%, m-o-m, in Feb’22

  • Brazil’s iron ore export volumes in Feb’22 decreased by 24% m-o-m to 19.25 mnt compared to 25.21 mnt in Jan, according to Brazil customs.
  • Exports decreased 24 mnt in Feb’21 y-o-y.
  • The average price of iron ore exported from Brazil in Feb stood at $90.1/t on FOB basis.

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