Tag: FOB iron ore prices Brazil

Brazil: Iron ore exports inch higher by 7% y-o-y in May’25

Jun 6, 2025

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by

Adarsh Sahu

in Fines/Lumps

Brazil’s iron ore exports rose by 7% y-o-y to 35.1 mnt in May’25, up from 32.6 mnt in May’24, according to customs data. In addition, the shipments rose by 15% m-o-m from 30.4 mnt in April. Average export prices dropped to $65.6/t FOB in May, down from $73.9/t in May’24, despite the growth in volumes.