In July this year, Brazilian miner Vale’s iron ore export volume totaled 22.65 million mt, rising by 2.2 percent compared to June and by 1.8 percent compared to July 2022, according to Brazil’s National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). In the first seven months of the current year, Vale’s iron ore exports rose by 1.1 percent year on year to 124.46 million mt.

Meanwhile, in July this year Vale’s iron ore sales in its domestic market amounted to 2.27 million mt, moving up by 17.3 percent year on year and by 9.2 percent month on month. In the January-July period of this year, Vale’s iron ore sales in its domestic market totaled 14.8 million mt, increasing by 9.5 percent as compared with the same period last year.