In January this year, Brazilian miner Vale’s iron ore export volume totaled 18.36 million mt, down by 31.5 percent compared to December last year and increasing by 97.5 percent compared to January 2023, according to Brazil’s National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase).
Meanwhile, in January this year Vale’s iron ore sales in its domestic market amounted to 1.80 million mt, moving down by 9.2 percent year on year and by 17.7 percent month on month.