Brazil exported 26.52 million mt of iron ore in April, pellets excluded, 5.9 percent less than in March, said the country’s ministry of development, industry and foreign trade, MDIC.
The downturn reflects chiefly exports to China reduced by 5.1 percent to 15.30 million mt.
Overall exports to Asian countries declined by 9.2 percent to 21.00 million mt, while exports to the EU declined by 30 percent to 957,000 mt.
Overall exports to Asian countries declined by 9.2 percent to 21.00 million mt, while exports to the EU declined by 30 percent to 957,000 mt.
Conversely, pellet exports increased by 15 percent to 2.46 million mt, with the EU as main destination (956,000 mt), followed by Asia (725,000 mt), Africa (335,000 mt) and the US (242,000 mt).
The most recent prices for Brazilian iron ore exports are estimated at $46/mt for the 65 percent Fe sinter feed fines, $55/mt for lumps and $78/mt for blast furnace grade pellets.