Brazilian iron ore exports rebound in May

According to the latest data from Brazilian Ministry of Trade, iron ore exports rebound from a record low shipments in April to 35.1m tonnes in May, up 35.6% m-o-m and up 3.2% y-o-y.

Brazil exported 150.2m tonnes over the first 5 months of the year, up 1.5m tonnes or 1% y-o-y.