Brazil's global iron ore exports rise 4% MoM in June

Brazil's iron ore exports worldwide increased for the fourth straight month in June to reach 36.3 million tonnes, the highest monthly total since last October, though the on-month rise was modest at 4%, according to preliminary statistics from Comex Stat, a data platform for Brazil's foreign trade in goods. Last month's total was also 9.8% higher than the June 2024 result, the same data show.

The increase in Brazil's iron ore exports last month was also reflected in the larger volume of outbound iron ore cargoes the country's ports handled. For example, about 33.4 million tonnes of iron ore were dispatched from the nine Brazilian ports under Mysteel's tracking during June, 4.5% higher than