Brazilian iron ore exports drop 19% in value, first time since 2002

Friday, June 22nd 2012 - 08:03 UTC

Full article 2 comments

Brazilian exports of iron ore from January through May were down 19% in value from the same period last year, according to a report from Sao Paulo based newspaper Folha on Thursday. Read full article

Comments

Disclaimer & comment rules

GeoffWard2
Revenues from iron ore down;
revenues from corn impacted by a world glut;
Petrobras needing pump price increases to support development costs;
no EU trade pact for stable export revenues
....
Infrastructure programmes in the continued doldrums.
Collapse of the Mercosur/Argentinian trading economy

Tough times, even for a BRICS country
Jun 22nd, 2012 - 12:44 pm - Link - Report abuse 0
-+
ChrisR
You beat me to it Geoff.

:o)
Jun 23rd, 2012 - 03:45 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!