Rainy season to have less effect on Brazil iron ore exports in 2023, CMIN says

The rainy season in Brazil will probably be less severe this year and have a reduced effect on iron ore exports compared with 2022, while short-term demand was expected to remain strong in China, according to local iron ore producer CSN Mineração (CMIN).

The worst rainfall in four years affected the company’s sales volumes during the fourth quarter of 2022, and it looked like the first quarter of 2023 would be better on...

Published

Renato Rostás

March 09, 2023

20:03 GMT

São Paulo