Exports of Brazilian iron ore in June reached 33.68 million tons. This is the maximum this year. Brazil last exported iron ore in September last year.
Experts attribute such high export volumes to the actions of Brazilian producers, including Weil, who, seeing high prices for iron ore, decided to increase exports.
According to the data, June exports increased by 12.2 percent. compared to the same month last year. Compared to the previous month, June exports increased by 26.3%. Worldwide commodity prices are rising and iron ore prices have been buoyed by strong demand from China.
According to experts, in the coming months, the increase in exports of Brazilian manufacturers may cause problems. The problem is that preparatory work was suspended at many mines last year due to the coronavirus pandemic. This, in turn, means that further increases in production and exports can be very difficult.
Brazil and Australia are the two largest exporters of iron ore in the world.
Brazil breaks records for export of iron ore
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Azovpromstal® 5 July 2021 г. 12:10 |
