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Vale’s iron ore exports decreased by 13.7% in January-May 2023

In May this year, Brazilian mining company Vale’s iron ore exports amounted to 16.32 million tonnes, up 4.2% compared to April and down 11.7% compared to May 2022, according to the Brazilian National Confederation of Iron and Base Metals Extraction Industry (Sinferbase).

Meanwhile, in May this year, Vale’s iron ore sales in its home market amounted to 1.07 million tonnes, down 48% year-on-year and 46.7% month-on-month.

From January to May this year, the company’s iron ore exports decreased by 13.7% year on year to reach 69.90 million tonnes.

From January to May this year, iron ore total sales to Vale in its domestic market amounted to 9.10 million tonnes, down 4.2% compared to the same period last year.

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