Brazil's iron ore export value in August this year rose by 25 percent compared to the same month last year, increasing to $4.5 billion, according to the information released by the Brazilian Ministry of Development, Industry and Foreign Trade. Brazil's iron ore export volume amounted to 32.5 million mt in August, with an increase of 18.9 percent compared to July this year and of 8.9 percent compared to the same month last year.
In August, Brazil's iron and steel export volume amounted to 771,000 mt, with an increase of 21.4 percent compared to the previous month and an increase of 131 percent compared to the same month of 2010, while these exports were valued at $514.8 million with an increase of 189.1 percent year on year and up 17.3 percent compared to July this year.