Brazilian iron ore exports down 20% in May on mine stoppages

Brazilian iron ore export volumes decreased by 20% year on year during May 2019, with several mines operated by Vale halting their output this year, the country’s ministry of economy said on Monday June 3.

Exports totaled 29.02 million tonnes last month, compared with 34.62 million tonnes in May 2018, the data showed. But volumes did increase by 51% month on month from 18.34 million tonnes in April. Vale, the world’s largest iron ore producer, had to close some operations in Brazil...

Published

Renato Rostás

June 03, 2019

20:42 GMT

São Paulo