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Ultrapetrol (Bahamas) Ltd. Message Board

  • hondo_43 hondo_43 Apr 11, 2012 10:47 AM Flag

    Iron ore volume up 26.9% MOM

    razilian iron ore exports in March surge by 21.6pct MoMWednesday, 11 April 2012 | 14:30
    Brazil's iron ore export volume amounted to 27.5 million tonnes in March, rising 21.6% MoM and up by 11.1% YoY.
    According to the information released by the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil's iron ore export value in March this year increased by 26.9% MoM and fell by 3.8% YoY totaling USD 2.8 billion.
    In March of the current year, Brazil's iron and steel export volume amounted to 577,825 mt, decreasing 25.6 percent compared to the previous month and up 7.6 percent compared to the same month of 2011, while these exports were valued at $331.1 million, with a decrease of 30.3 percent compared to February and up 1.4 percent year on year.
    Source: Steel Orbis

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