Vale's iron ore exports down by 19.8 percent in January-November

Wednesday, 25 December 2019 15:52:26 (GMT+3)   |   Istanbul
       

In November last year, Brazilian miner Vale's iron ore export volume totaled 23.29 million mt, down 23.1 percent compared to November 2018 and decreasing by eight percent compared to October, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). In the January-November period of last year, Vale's iron ore exports decreased by 19.8 percent year on year to 255.02 million metric tons.

Meanwhile, in November last year Vale's iron ore sales in its domestic market amounted to 1.36 million mt, decreasing by 17.1 percent year on year and up by 4.5 percent month on month. In the first 11 months of last year, Vale's iron ore sales in its domestic market totaled 14.62 million mt, falling by ten percent as compared with the same period of 2018.


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