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Vale’s iron ore exports down in H1 2020

Vale’s iron ore exports down in H1 2020

In June this year, Brazilian miner Vale’s iron ore export volume totaled 24.53 million mt, up 27 percent compared to May and decreasing by 0.4 percent compared to May 2019, according to Brazil’s National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase).

Meanwhile, in June this year Vale’s iron ore sales in its domestic market amounted to 1.14 million mt, declining by 3.5 percent year on year and up by 19.9 percent month on month.

In the first half of the current year, Vale’s iron ore exports fell by 9.5 percent year on year to 114.52 million metric tons.

In the first six months of the year, Vale’s iron ore sales in its domestic market totaled 7.23 million mt, decreasing by 7.2 percent as compared with the same period last year.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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