Brazilian iron ore exports totaled 144.52 million tonnes
in the first half of the year, down 1.4 percent from 146.6
million tonnes in the same period last year, according to data
from Brazilian foreign trade ministry MDIC.
amounted to $14.96 billion between January and June, virtually
stable compared with the same period last year, when revenue
totaled $14.86 billion.
In June, Brazil
exported 26.1 million tonnes of iron ore, down 0.8 percent from
the same month last year. The total was also 3.9 percent below
Mays yearly high of 27.17 million tonnes.
Export revenue in turn
fell 5.4 percent year on year to $2.59 billion from $2.74
billion, and was down 12.2 percent from $2.95 billion in
This decrease was due
to lower shipments and a reduced f.o.b. iron ore value.
The average f.o.b.
iron ore price declined to $99.20 per tonne last month from
$106.20 per tonne in June 2012, MDIC said, adding that it fell
from $108.60 per tonne in May.
A version of this
article was first published in AMM sister publication Steel