Brazil's iron ore exports fell 41.3% year-on-year in October to US$1.89bn, according to the foreign trade department Secex.
In terms of volume, iron ore shipments fell 2.3% to 31.8Mt. The average sale price decreased 40% to US$59.50/t.
Flat-rolled steel exports increased 72.9% to US$167mn, as volumes rose 114% to 240,700t. The average sale price fell 19.2% to US$694.70/t.
Exports of semi-manufactured iron and steel products rose 9.9% to US$301mn, with volumes jumping 12.3% to 631,500t and prices falling 2.1% to US$477.20/t.
Meanwhile, Brazil's aluminum exports grew 45.9% to US$51.6mn in October. Aluminum shipment volumes rose 22.2% to 23,000t, while price increased 19.4% to US$2,246.70/t.
Source: Business news Americas
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