[SMM Iron & Steel] Brazil Iron Ore Exports Decline 12.5% Month-on-Month in February

Published: Mar 12, 2026 14:47

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Brazil's iron ore exports dropped to 25.37 million mt in February 2026, a 12.5% decrease from January. Weather disruptions and operational setbacks at Vale's Viga and Fabrica Nova operations in Minas Gerais contributed to the softer shipment figures, despite Brazil’s 2026 annual output forecast remaining at 489 million mt

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