Brazil’s iron ore export value rises 50 percent in June

Brazil's iron ore export value in June this year rose by 49.99 percent compared to the same month last year, increasing to $3.5 billion, according to the information released by the Brazilian Ministry of Development, Industry and Foreign Trade. In the first half of 2011, Brazil's iron ore export value amounted to $18.4 billion with an icrease of 93.27 percent compared to $9.5 billion recorded in the same period last year.
 
In the first half of the year, Brazil's iron and steel exports amounted to a value of $6.3 billion with an increase of 63.9 percent compared to the same peripd of 2010, while its iron and steel product exports were valued at $8.5 million with an increase of 23.1 year on year.