Brazil: Iron ore exports rise over 15% y-o-y in Oct'25

• Brazil's iron ore exports increased by 15.6%y-o-y to 40.7 mnt in Oct'25, against 35.2 mnt in Oct'24, as per customs data.
• Meanwhile, shipments surged by 11.5% m-o-m against 36.5 mnt in the previous month.
• Average export prices edged up by 12% to $71.62/t FOB in Oct'25 from $63.9/t in Oct'24.