Brazil- the world’s second-largest iron ore exporter recorded a rise in its iron ore (including pellets) export volumes in Apr’21. According to trade statistics released by Brazil customs, export volumes stood at 25.8 mn t in Apr’21, up by 8% as against 23.9 mn t in Apr’20. The average price of iron ore exported from Brazil for Apr’21 witnessed a rise on a monthly basis to $129.8/t, FoB Brazil. Active buying from China for high-grade ore kept Brazil iron ore exports on the higher side.
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