Brazilian iron ore output slumped by 24% in February

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Source: Commodityonline
Brazilian iron ore output tumbled by 24% in February, according to Brazil's association of iron ore producers. The country exported 16.61 MT of iron ore in February as compared to 21.89 MT in February last year. The top Brazilian iron ore producers, Vale and MMX, reported that the reason was heavy rainfalls in the main mining region.


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