Iron ore exports from Brazil fall 28% in May

Iron ore exports from Brazil in May totalled 21.5 million tonnes, down 28% compared to the same month last year, according to government data published on Monday, as mining company Vale still working to recover part of the production paralysed after the disaster in Brumadinho (MG). Year-to-date, iron ore shipments from Brazil reached 115.3 million tons, down 13.3% compared to the same period in 2019.

Source: Money Times