Vale's iron ore export fell in November

Brazilian mining company Vale exported approximately 19.3 million tons of iron ore in November, down 25.9% y-o-y. Meanwhile, Vale's domestic iron ore sales totaled 2.07 million tons, up 23.9% y-o-y and 7.6% m-o-m.

In the first eleven months, Vale's iron ore exports fell 17.6% y-o-y to approximately 210 million tons. In the same period, sales increased 40.4% y-o-y to 23.19 million tons.