Home / Metal News /  / Brazil iron ore exports declined in May
Brazil iron ore exports declined in May
Jun 8,2015 17:47CST
industry news
Source:SMM
According to latest trade data published by the Ministry of Development, Industry and Foreign Trade (MDIC) of Brazil.

Author: Paul Ploumis08 Jun 2015 Last updated at 06:17:55 GMT

SAO PAULO (Scrap Monster): According to latest trade data published by the Ministry of Development, Industry and Foreign Trade (MDIC) of Brazil, the country’s iron ore shipments dropped marginally during the month of May this year.

The country’s exports of iron ore during May ’15 totaled 23.65 million mt, 0.76% lower when compared with the exports during Apr ‘15. Brazil had exported 23.83 million mt of iron ore during April this year. The average price of exports per tonne dropped significantly by 19% from $33.3 per tonne in Apr ‘14 to $27 per tonne in May ‘15.

The largest export destination of Brazilian iron ore during May this year was China. The exports to China totaled 12.968 million tonnes, accounting for nearly 55% of the total exports out of Brazil. In total, shipment to Asian region totaled 17.76 million tons during the month.

The cumulative iron ore exports by Brazil during the initial five-month period of the year totaled 125.563 million mt. The exports during the entire year are expected to cross 300 million tons.
 

iron ore exports

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

    timeApr 28, 2020 06:09timezoneCST
    timeApr 26, 2020 22:49timezoneCST
    timeApr 26, 2020 18:25timezoneCST
    timeApr 26, 2020 18:16timezoneCST
    timeApr 26, 2020 16:55timezoneCST
    timeApr 26, 2020 15:28timezoneCST
    timeApr 26, 2020 15:13timezoneCST
    timeApr 25, 2020 10:48timezoneCST
    timeApr 25, 2020 09:46timezoneCST
    timeApr 25, 2020 00:00timezoneCST