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Industry sales have increased in the first two months this year from the same period in 2013, according to the National Motor Vehicle Distributors Association (Fenabrave).

The company’s shipped volume to the region was up 11% last year to 7.5 million tonnes of iron ore pellets. Revenues increased by 28% to nearly US$ 1.5 billion.

The 2013 performance exceeded expectations, especially in quarter four. Investment and agriculture were highlights. Minister of Finance says result will remain as a trend for 2014.

US dollar inflows to Brazil have exceeded outflows by US$ 94 million from February 1st to 21st, according to information released by the Brazilian Central Bank.