9,312.13 TRY BIST 100 BIST 100
38.31 USD USD USD
5.29 CNY CNY CNY
43.49 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.74 TRY Interest Interest
66.21 USD Fossil Oil Fossil Oil
41.10 USD Silver Silver
488.00 USD Copper Copper
99.70 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,091.06 TRY Gold (gr) Gold (gr)

Brazil’s iron ore and pig iron exports show seasonal changes

Brazil's pig iron exports decreased by 55% in November, while iron ore exports decreased by 4.5%.

Brazil’s iron ore and pig iron exports show seasonal changes

Brazil experienced significant changes in its iron ore and pig iron exports in November. According to Brazilian customs statistics, pig iron exports in November decreased by 55% compared to the previous month, totaling approximately 203,000 tons. During this period, the largest buyer was the United States, with 192,400 tons, followed by the Netherlands with 7,400 tons. Exports to Asian countries were around 3,000 tons. A large portion of the November exports came from the states of Minas Gerais, Espírito Santo, and Pará, with these states accounting for the largest share, totaling approximately 150,000 tons. 

On the other hand, Brazil’s iron ore exports increased by 5.8% y-o-y in the first 11 months of the year, reaching around 358.4 million tons. In November, iron ore exports totaled 33.7 million tons, showed a 4.5% decrease compared to the previous month but a 7.2% increase compared to the same period last year. The significant share of iron ore exports was to China, which accounted for 67% of total exports. This country was followed by Malaysia and Oman with 5.3% and 3.2% respectively. During this period, the value of iron ore exports increased by 2% year-on-year to USD 27.6 billion. 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Europe in the Process of Green Transformation: Is the Steel Industry Ready for Carbon Adjustment at the Border? 

Thursday, April 24, 2025

İÇDAŞ signs tugboat agreement with maritime company Damen

Thursday, April 24, 2025

China's call to Japan: Let's stand together against Trump's tariffs

Tuesday, April 22, 2025

İsdemir to build a SPP worth TRY 701.6 million in Diyarbakır

Tuesday, April 22, 2025

Mexico continues negotiations with US for tariff exemption on steel and auto exports

Tuesday, April 22, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now