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Downpours Drag Down Brazil Iron Ore Shipments to Lowest in Years.
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- Abstract:
(Bloomberg) -- The heavier-than-normal rainfall that doused southern Brazil last month is showing up in the country's trade data, with January iron ore shipments coming in at the lowest level in at least six years. The interruption cost about 1.8 million metric tons of exports from the state, which translated to a 13% decline in January shipments from a year ago. [Extracted from the article]
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