Brazil Iron Ore exports fall to 23.65 mn tons in May

BRAZIL June 23 2015 3:15 PMTweet
BRASILIA (Scrap Register): Iron ore shipments from Brazil totalled 23.65 million tons in May, down 0.76% from a year earlier, according to data released by the Brazilian Ministry of Development, Industry and Foreign Trade.

The average export price of iron ore during the month recorded at $27/ton, declined 19% year-on-year.

During the first five months, the country's iron ore exports hit 126 million tons. It is estimated that the total exports will reach 300 million tons this year.