Brazils iron ore exports increased year on year in
September both in terms of volume and value.
The country exported
29.01 million tonnes of iron ore last month, up 4.8 percent
from 27.67 million tonnes in the same month last year,
according to figures released by national foreign trade
ministry MDIC Oct. 1.
Export revenue surged
14.4 percent to $2.78 billion from $2.43 billion in the same
The average f.o.b.
price of iron ore in September was $96.10 per tonne, up 9.3
percent from $87.90 per tonne a year earlier.
On a monthly basis,
Brazilian iron ore exports declined 6.9 percent in September
from 31.16 million tonnes in August, which had been the highest
monthly total so far this year.
increased 5.3 percent from Augusts $2.64 billion due to
higher iron ore prices. The average f.o.b. iron ore price in
August was at $84.70 per tonne.
A version of this
article was first published in AMM sister publication Steel