Brazil's Vale iron ore exports fall in November

Vale, a Brazilian multinational metals and mining corporation, exported about 19.3 million tons of iron ore in November, down 25.9% year-on-year, according to the National Union of Iron and Non-Ferrous Metals Industries of Brazil (Sinferbase). . year on year and down 8.2% on a monthly basis. Meanwhile, Vale's domestic iron ore sales were 2.07 million tonnes, up 23.9% year on year and 7.6% month on month.

In the first eleven months, Vale's iron ore exports were down 17.6% year-on-year to about 210 million tonnes. During the same period, sales were 23.19 million tonnes, up 40.4% year on year.