Heavy rain not to significantly affect Brazil iron ore exports - companies

Heavy rainfall in the Brazilian southeastern state of Minas Gerais has caused interruptions for some railway operators transporting iron ore for exports, but the impact has been minimal, companies told Fastmarkets on Wednesday January 29.

January 2020 has had the highest rainfall rate in 110 years, the Minas Gerais’ state governor office said on Wednesday. 
Vale, the world’s largest iron ore producer, saw its Vitória to Minas railway, which connects other lines carrying the steel raw material to the Tubarão port in the state of Espírito Santo, face temporary halts. The effect on production, however, is not significant, the company said.

The heavy rainfall prompted Vale to suspend passenger transportation through the railway for safety reasons, according to the...


Felipe Peroni

Renato Rostás

January 30, 2020

12:14 GMT

São Paulo