Brazil exported in July a combined iron ore and pellets volume of 41.04 million mt against 36.30 million mt in June, achieving an all-time monthly record.
Iron ore exports reached 38.95 million mt and pellets exports 2.09 million mt.
The main destinations of the ore were Asia (33.18 million mt, of which 28.91 million mt to China), the Middle East (2.71 million mt), and Europe (2.11 million mt).
The main destinations of the pellets were Asia (986,600 mt), Africa (476,300 mt), and Europe (325,100 mt), while small volumes were shipped to Trinidad and Tobago, the US, and Argentina.