March 11, 2026

Brazil: Iron ore exports fall by 13% y-o-y in Feb’26

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  • Brazil’s iron ore exports fell by 12.5% y-o-y to 28.48 mnt in Feb’26 against 25.32 mnt in Feb’25, as per customs data.
  • However, shipments held steady m-o-m against 28.54 mnt in Jan’26.
  • Average export prices improved consistently to $73.4/t FOB in Feb’26 from $68.3/t in Feb’25.