Brazilian iron ore volumes, prices affected by heavy Q1 rainfall, CSN says

Iron ore prices and volumes for Brazil-origin material have been affected by heavy rainfall in the first quarter of 2020, according to iron ore and steel producer Companhia Siderúrgica Nacional (CSN).

The company has seen lower volumes of iron ore sales from its operations in Brazil's southeastern Minas Gerais state because of poor weather in the region. It expects operations to be back to normal by April.

“We are seeing rainfall 92%...

Published

Felipe Peroni

Renato Rostás

March 05, 2020

19:27 GMT

São Paulo