Brazil's iron ore exports decrease further in October

Tuesday, 11 November 2014 17:39:33 (GMT+3)   |   Istanbul
       

Brazil's iron ore export volume amounted to 31.77 million mt in October this year, decreasing by 3.94 percent compared to September and down 2.28 percent compared to the same month of 2013, according to the information released by the Brazilian Ministry of Development, Industry and Foreign Trade. Brazil's iron ore export value in October totaled $1.89 billion, decreasing by 15.09 percent compared to the previous month and down 41.28 percent year on year.
 
In October, Brazil's export volume of semi-finished products of iron and steel amounted to 631,500 mt, decreasing by 22.72 percent compared to the previous month and up 12.34 percent compared to the same month of the previous year, while these exports were valued at $301.4 million, decreasing 26.25 percent compared to September and up 9.93 percent year on year.
 
Meanwhile, in October Brazil's flat steel exports totaled 312,900 metric tons, increasing 29.98 percent from September and up 416.19 percent year on year. The revenue generated by these exports totaled $225.2 million, increasing by 34.68 percent month on month and up 259.3 from the October 2013 level.

Similar articles

China comes back from long holiday with mixed signals

19 Feb | Flats and Slab

Positive mood amid mixed fundamentals, property stimulus news boosts Chinese steel market

15 Nov | Longs and Billet

Russia officially imposes export duties for most steel and raw materials until end of 2024

21 Sep | Steel News

Ukraine’s Metinvest sees 65% fall in pig iron output in Jan-Sept

22 Nov | Steel News

Metinvest’s Q2 output results hit by Covid-19, some support from iron ore and pig iron demand

06 Aug | Steel News

Brazil's iron ore exports down by 0.54 percent in November

05 Dec | Steel News

Brazil's iron ore exports up by 5.5 percent in October

12 Nov | Steel News

Brazil's iron ore exports up by 4.4 percent in August

06 Sep | Steel News

Brazil's iron ore exports up by 4.5 percent in June

09 Jul | Steel News

Brazil's iron ore exports up by 11 percent in May

06 Jun | Steel News