Brazil's iron ore export volume amounted to 35.25 million mt in October this year, increasing 17.5 compared to the same month of 2016, according to the information released by the Brazilian Ministry of Development, Industry and Foreign Trade. Brazil's iron ore exports in October totaled $1.97 billion in value, increasing 77.4 percent year on year.
In October, Brazil's export volume of semi-finished products of iron and steel amounted to 1.02 million mt, up by 59.7 percent compared to the same month of the previous year, while these exports were valued at $449.3 million, increasing by 98.4 percent year on year.
Meanwhile, in October Brazil's flat steel exports totaled 352,527 metric tons, up by 130.2 percent year on year. The revenue generated by these exports totaled $231.7 million, growing by 144 percent from the October 2016 level.