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Brazilian iron ore exports increase sharply in September

Brazilian combined exports of iron ore and pellets have reached 37.86 million mt in September, the highest monthly volume since May 2018, according to preliminary figures by the country’s customs authorities.

The volume confirms the increasing recovery of exports from Brazil, chiefly from the mines located in the north of Brazil, where the Covid-19 pandemic had a severe impact on the operations of the miner Vale, now gradually returning to normal.

Currently estimated at 1.6 billion mt per year, the iron ore transoceanic market is viewed by analysts as having the demand currently outpacing availability,

resulting in a high level of prices, reflecting also some degree of volatility due to the activity of the financial markets.

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About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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17 Country

300.000 Employees

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