Brazilian steelmaker Usiminas exported 19.90% less iron ore during the first quarter of 2019 than in the corresponding months of 2018, with the company shifting production to third-parties in the domestic market, it said in an earnings report on Thursday April 18.
External shipments of iron ore totaled 868,000 tonnes in January-March, from 1.08 million tonnes a year before. But domestic sales reached 416,000 tonnes, 2.5 times the previous volume of 167,000 tonnes in the same comparison.Usiminas itself used 612,000 tonnes of the output from its mining division, up from...