Dry Bulk Market: Weaker Chinese Demand Dampens Brazil’s Iron Ore Exports

China’s slowdown has had a negative impact in Brazil’s iron ore exports. In its latest weekly report, shipbroker Banchero Costa said that “global iron ore loadings in the full 12 months of 2021 were up +0.7% y-o-y to 1,555.3 mln t, according to vessels tracking data from Refinitiv. This was marginally higher than the 1,526.0 ...

The post Dry Bulk Market: Weaker Chinese Demand Dampens Brazil’s Iron Ore Exports first appeared on Hellenic Shipping News Worldwide.