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Wednesday, September 28, 2011

Brazilian iron ore exports rise 11 percent in July

Sept28, 2011

According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in July this year Brazil's iron ore exports amounted to 23.73 million metric tons, rising by 11 percent year on year.

The share of the world's largest iron ore exporter Vale in Brazil's total iron ore exports in July equalled 93.04 percent, amounting to 22.08 million metric tons, up 14.86 percent year on year.

Meanwhile in the first seven months of 2011 Brazilian iron ore exports rose by 4.76 percent year on year, reaching 157.33 million metric tons.

Vale's share in Brazil's total iron ore exports in the January-July period of this year reached 91.75 percent, amounting to 144.36 million metric tons, up 7.28 percent compared to the corresponding period of 2010.

Tags: iron ore , raw mat , Brazil , South America , Vale , imp/exp statistics , mining

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