Brazil's iron ore exports increased by 7.49% in April versus the same month in 2020, according to data from the country's economy ministry published on Monday May 3, with Vale's operations beginning to ramp up production.
Brazilian iron ore exports totaled 25.79 million tonnes in April compared with 23.99 million tonnes a year before, the economy ministry said.Vale, the world's largest iron ore producer, expects seaborne iron ore supply to grow by 60 million tonnes in 2021, the company's ferrous...