Vale's iron ore exports up 4.6 percent in January-September

In September this year, Brazilian miner Vale's iron ore export volume totaled 26.37 million mt, down 6.1 percent compared to August and decreasing by 4.4 percent compared to September 2020, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase).

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Brazil's worsening Covid-19 crisis is making waves in the commodities world with reduced iron ore shipments from the South American country …

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Iron ore sank 4.4% to the lowest close in nearly three years in China, falling by about two thirds from its record-high in May. Chinese coal futures have almost halved in the past month. That's also seen shipping rates plummet. The Baltic Dry Index, a measure of the cost of moving everything from crops to raw materials, has dropped about 50% ...

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Brazil's iron ore exports globally slid to 33.7 million tonnes in September, falling by 3.3% on month and 10.1% on year, though the volume was still at a relatively high level, according to the latest statistics from Brazil's Ministry of Industry, Foreign Trade and Services. In August, Brazil's iron ore exports globally had hit a new high since September 2020, as reported.

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