Brazilian iron ore exports in August reached 31.16
million tonnes, the highest monthly total thus far this
The tally is up 13.1
percent from 27.53 million tonnes in August 2012 and exceeded
Julys 29.69 million tonnes by 4.9 percent, according to
data issued Sept. 2 by Brazils foreign trade
However, lower iron
ore prices led export revenue to drop to $2.64 billion, down 4
percent year on year from $2.75 billion and 0.7 percent lower
month on month from $2.66 billion.
The average f.o.b. iron ore price was $84.70 per tonne in
August, down from $100.20 per tonne in the same month last year
and off from $89.80 per tonne in July.
A version of this
article was first published in AMM sister publication Steel