Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

Vale accounts for 80% of Brazil's first qtr. iron ore exports, Sinferbase says


Vale and its associated companies accounted for 79.8% of Brazil’s iron ore exports in the first quarter of 2012, according to a report issued by industry group Sinferbase.

From January to March, Brazil exported 68.36 million tonnes, of which Vale and its associated miners sold 54.6 million tonnes.

In the corresponding quarter of 2011, Vale and its associated firms contributed 82.2%, or 58.31 million tonnes, of Brazil’s 70.9 million tonnes of exports.

Minas Gerais-based MMX sold 290,000 tonnes of iron ore to foreign markets in the first quarter, down by 12.3% year-on-year.

Anglo American increased its iron ore exports by 36.5% year-on-year over the same period in 2011, to 1.57 million tonnes.

Vale and its associated companies exported 7.33 million tonnes of iron ore pellets from January to March 2012, down from 5.57 million tonnes in 2011.

Samarco, a joint venture between Vale and BHP Billiton, saw pellet exports reach 4.67 million tonnes in the first quarter, up from just 1.49 million tonnes during the equivalent quarter last year.

In the domestic market, Vale sold 3.95 million tons of iron ore to Brazilian buyers in the first quarter, against 4.24 million tonnes in the same period in 2011, Sinferbase said.

MMX reduced its iron ore sales to 1.1 million tonnes from 1.27 million tonnes.

Vale and MMX saw iron ore shipments in the January-March period affected by heavy rains in Brazil.

Ana Paula Camargo
Twitter: #!/acamargo_mb 

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Latest Pricing Trends