In February this year, Brazilian miner Vale's iron ore export volume totaled 24.13 million mt, down 1.3 percent compared to February 2016 and falling by 2.7 percent compared to January, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). In the first two months of the current year, Vale's iron ore exports increased by 6.2 percent year on year to 48.92 million metric tons.
Meanwhile, in February this year Vale's iron ore sales in its domestic market amounted to 1.05 million mt, decreasing by 7.2 percent year on year and down by 2.5 percent month on month. In the January-February period of this year, Vale's iron ore sales in its domestic market totaled 2.13 million mt, falling by 6.3 percent as compared with the same period last year.