Infograph: Brazil Iron Ore and Pellet Export in 2018 Vs 2017
World's second largest exporter of Iron ore - Brazil, increased its iron ore exports in CY'18 by 3% to 394 MnT as against 384 MnT in CY'17 for the 6th consecutive year in 2018.
Chinese mills increased preference for high-grade ore from Brazilian miners to achieve better profit margins.
Brazilian Anglo American Minas Rio resumes operation in Dec'18, post-closure for eight months since Mar'18 and expecting production ramp, provided it receives permits by mid-2019.
source: SteelMint
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