BRASÍLIA: Brazilian iron ore shipments amounted to 34.5 million mt in August, up 27.2% from 27.12 million mt in the year-ago month, Ministry of Development and Trade data showed Friday.
The overall sales value increased 29.3% to $1.25 billion FOB from $971.29 million FOB a year earlier, as the average price increased to $36.40/mt FOB from $35.81/mt FOB. Compared to July, Brazil’s iron ore exports increased 14.1% from 30.25 million mt, while the sales value rose 26% from $996.43 million FOB.