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Brazilian iron ore exports drop in May

According to Ministry of Development, Industry and Foreign Trade (MDIC) in Brazil, the shipping quantity of iron ore from Brazil in May decreased to 23.65 million tons, dropping from 23.83 million tons from a month ago. The export price of iron ore on average dropped by 19% to US$27/ton compared to the last month, which is a low level. The country’s iron ore exports to China totaled 12.968 million tons, and the exports to Asia totaled 17.76 million tons.

Source: yieh.com

Jun 9, 2015 12:01
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