Brazilian iron ore exports climb 87 percent in May

Thursday, 15 July 2010 13:30:38 (GMT+3)   |  
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), the country's iron ore exports in May this year amounted to 22.45 million metric tons, climbing by 86.47 percent year on year.
 
In May, iron ore exports of the world's largest iron ore exporter Vale accounted for 89.23 percent of the country's total iron ore exports, amounting to 20.03 million metric tons, up 77.12 percent year on year.
 
Meanwhile, Brazil's iron ore exports in the first five months of 2010 rose by 37.91 percent year on year, reaching 104.42 million metric tons.
 
Vale's share in Brazil's total iron ore exports in the January-May period reached 89.19 percent and amounted to 93.14 million metric tons, climbing by 30.93 percent compared to the corresponding period of 2009.

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