China takes more than half of Brazilian Iron Ore exports in 2017
SAO PAULO (Scrap Register): China took more than half of Brazilian iron ore export during the year 2017.
According to the Ministry of Trade and Development, Brazil’s iron ore exports to China has increased by 1.5 percent year-on-year to 216.09 million metric tons last year, accounting for 61% of total Brazilian iron ore exports of 353.26 million metric tons.
Brazilian iron ore exports to China declined sharply by 12.7 percent year-on-year to 18.53 million metric tons during the month of December.
Japan has received the second largest volume of exports during the month of December at 1.83 million metric tons, 1.55% down from the year-ago month.