According to statistics from Brazil’s National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), Vale S.A. (Vale), a Brazilian multinational corporation engaged in metals and mining, exported around 15.4 million tons of iron ore in March this year, rising by 5.2% compared to the previous month while dropping by 18.5% from the same month a year ago.

In the first quarter of this year, the exports amounted to approximately 45.9 million tons, a year-on-year reduction of 23%.

In terms of sales, in March, Vale’s domestic iron ore sales volume was up by 22.7% month on month and by 34.3% year on year to 2.1 million tons. The domestic sales in the January-March period reached approximately 5.4 million tons, a year-on-year growth of 24%.