Brazil iron ore export value in October down 7%

Brazil’s iron ore export value in October this year rose by 10.6% compared to the same month last year but was down by 7% as compared to September this year at $3.8 billion.

According to the information released by the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil’s iron ore export volume amounted to 27.8 million tonne in October, with a fall of 7.5% compared to September this year and of 7.9% compared to the same month last year.

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