Peruvian iron ore export prices in June reached the highest level so far in the year, local central bank, BCRP, said.
Peru exported no iron ore in April and May, due to Covid-19. Peru was on a nation-wide lockdown from March 16 until the end of June. Industrial sectors started resuming output gradually from mid-May.
Despite zero iron ore production in April, Peru was still able to export 500,000 mt of the commodity, probably using existing inventory.