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Brazilian iron ore exports down 16.7 percent in Oct from Sept

Friday, 25 November 2011 14:30:48 (GMT+3)   |  
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in October this year Brazil's iron ore exports amounted to 20.5 million metric tons, falling 16.7 percent compared to September this year.
 
The share of the world's largest iron ore exporter Vale in Brazil's total iron ore exports in October equalled 92.5 percent, amounting to 19 million metric tons.
 
Meanwhile, in the first 10 months of 2011 Brazilian iron ore exports fell slightly by 0.2 percent year on year to 228.5 million metric tons. Vale's share in Brazil's total iron ore exports in the January-October period of this year was 91.5 percent, amounting to 209 million metric tons.

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