Vale's iron ore exports down 26.9 percent in January-February

Thursday, 26 March 2020 17:15:10 (GMT+3)   |   Istanbul

In February this year, Brazilian miner Vale's iron ore export volume totaled 18.29 million mt, up 3.9 percent compared to January and decreasing by 11.7 percent compared to February 2019, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). In the January-February period of the current year, Vale's iron ore exports decreased by 26.9 percent year on year to 35.89 million metric tons.

Meanwhile, in February this year Vale's iron ore sales in its domestic market amounted to 1.35 million mt, increasing by 17.6 percent year on year and up by 2.3 percent month on month. In the January-February period of this year, Vale's iron ore sales in its domestic market totaled 2.67 million mt, increasing by 1.4 percent as compared with the same period last year.

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