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

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 . . .

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