Brazil: Iron ore exports inch higher by 7% y-o-y in May'25
- Brazil's iron ore exports rose by 7% y-o-y to 35.1 mnt in May'25, up from 32.6 mnt in May'24, according to customs data.
- In addition, the shipments rose by 15% m-o-m from 30.4 mnt in April.
- Average export prices dropped to $65.6/t FOB in May, down from $73.9/t in May'24, despite the growth in volumes.