Brazil’s iron ore exports up 7.5% in April; revenues double

One of the world's largest iron ore exporters, Brazil sold the commodity in April for an average of US$129.80 per ton, up from US$67.60 per ton in the same month last year,.

RIO DE JANEIRO, BRAZIL - Brazil's iron ore exports totaled 25.8 million tons in April, up 7.5% from last year, while prices for the commodity also rose sharply amid strong demand from China, government data showed Monday.

One of the world's largest iron ore exporters, Brazil sold the commodity in April for an average of US$129.80 per ton, up from US$67.60 per ton in the same month last year, the Brazilian Foreign Trade Secretariat (SECEX) said.

As a result, foreign sales of iron ore totaled US$3.3 billion in April, compared to . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?