October 14, 2008

Brazilian iron ore export to China jumps through August 2007

According to statistics of the Brazilian bureau of foreign trade, the country exported 61.56 million tonnes un sintered iron ore to China through August 2007 up 25.7%YoY export value at USD 1.975 billion up by 45% in the same comparison.

Export of sintered iron ore posted 6.61 tonnes in the same period up by 60.7%YoY export value at USD 430 million up by 53%.

Brazilian ore shipment to China also took an increasing ratio out of its total ore export. In specific, un-sintered ore export volume and value to China took up to 43% each a 6 percentage points higher than the same period last year; sintered ore covered 19.3% and 18.4% in volume and value respectively in contrast with 2006 comparable figures of 14% and 13.6%.

(Sourced from MySteel.net)