Vale’s iron ore exports fall in Feb
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Update time : 2022-03-18 19:40:15
According to statistics from Brazil’s National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), Vale S.A. (Vale), a Brazilian multinational corporation engaged in metals and mining, exported around 14.6 million tons of iron ore in February this year, falling by 7.8% compared to the previous month and also dropping by nearly 21% from the same month a year ago.
In the first two months of this year, the exports amounted to approximately 30.5 million tons, a year-on-year reduction of 25.2%.
In terms of sales, in February, Vale’s domestic iron ore sales volume was up by nearly 9% month on month and by 25.2% year on year to 1.7 million tons. The domestic sales in the January-February period reached approximately 3.3 million tons, a year-on-year growth of 18%.
