In a historical milestone in its history, MRS obtained approval in 2022 for the renewal of the Company’s concession until 2056. Giving even more relevance to the period, the year also brought good operating and financial results. Learn more at Financial Results Report.
One of the highlights is the growth in the total volume of cargo transported on the MRS railway network – 178.2 million tons (Mt) in the period, a 4.9% increase as compared to 2021 – recording, for the third consecutive year, a record in General Cargo transport, with 71.7Mt (14.2% higher than the previous period). It is also worth mentioning the increased share of the General Cargo transport segment in the transported mix, which accounted for 40.2% of the 2022 result.
Volume Transported In thousands of TUs | 2021 | 2022 | 2022 x 2021 |
---|---|---|---|
Mining | 107,176 | 106,543 | -0.6% |
Iron ore | 104,478 | 104,201 | -0.3% |
Export | 89,607 | 90,130 | 0.6% |
Domestic Market | 14,871 | 14,072 | -5.4% |
Coal and Coke | 2,698 | 2,342 | -13.2% |
General Cargo | 62,792 | 71,705 | 14.2% |
Agricultural Products | 39,632 | 46,806 | 18.1% |
Steel Products | 7,504 | 6,838 | -8.9% |
Pulp | 3,885 | 5,670 | 45.9% |
Containers | 2,259 | 2,133 | -5.6% |
Civil Construction | 2,015 | 2,449 | 21.5% |
Other | 7,495 | 7,808 | 4.2% |
Total | 169,968 | 178,248 | 4.9% |
In 2022, the transport of iron ore, coal and coke remained similar to 2021, mainly impacted by the lower volume of iron ore for the domestic market.
The volume of iron ore cargo for export, which represents 84.6% of the Mining group and 50.6% of the total volume transported by MRS, was 90.1Mt in 2022, a 0.6% growth when compared to 2021.
The transportation of iron ore, coal and coke in domestic market recorded a 6.6% drop versus the previous year, with volume transported of 16.4Mt in 2022. The result was mainly impacted by production stoppages for corrective maintenance on processing equipment.
In 2022, General Cargo transport, which includes agricultural commodities, steel products, pulp, containers, among others, was 71.7Mt, a volume 14.2% higher than 2021.
Agricultural products (corn, sugar, soybeans and soy bran) accounted for 63.3% of the General Cargo segment transported by MRS in 2022. Soy bran, soybeans and corn recorded 17.3%, 13.2% and 56.9% growth, respectively, and sugar, a 6.9% drop in 2022, compared to the previous year. The drop is mainly caused by operational issues of other railroads.
Compared to 2021, the transport of steel products dropped 8.9% in 2022. The main causes of the reduction were: i) the rains in the state of Minas Gerais in January of this year, which caused volume losses due to by the interdictions/occurrences, in addition to the restriction of operational capacity in the access branch to TIOP, the transhipment terminal of rail partner, which was re-established at the end of October 2022; and, ii) flat steel demand in domestic market, mainly in the second half of the year.
MRS investments in 2021, in the Intermodal Complex in Pederneiras (SP), have continuously increased the pulp transport result, leading to a 45.9% growth (+ 1.81Mt) in volume in 2022, compared to the previous period.
The group includes cargo transported by MRS and cargo from other railroads paid to the Company for the right of way. The segment recorded a 5.6% drop in 2022, compared to 2021, mainly driven by operational strategy issues. Regarding MRS own cargo, despite the higher volumes achieved in 2022 on Santos-Jundiaí (+12.8%) and Santos-Vale do Paraíba (+15.8%) routes, due to the return and increase in usual customer’s demand, the volume of own cargo dropped 3.0% in 2022, compared to the previous year. The result stems mainly from the stoppage of multimodal exports in Latin America due to global restrictions by a relevant shipyard customer and logistical problems, such as lack of space on ships.
In 2022, civil construction transport segment expanded 21.5% compared to 2021, mainly due to the closing of negotiations, increased fleet availability and operational improvements and return in the volume of white gold slag.
Other cargo transported by MRS includes two divisions, “own cargo” (pig iron, energetic mineral coal, limestone for the steel industry, among others, and gypsum, new market share of the Company); and “other railways” (chemical products, fertilizer products, among others).
7.8Mt were transported by MRS in other cargo segment, with 4.2% growth compared to 2021. The volume of transport of other cargo performed by other railroads, which pay MRS for the right of way, was flat in 2022 compared to the previous year, showing variations between the volumes of products that make up the group, which were offset each other.