According to Mining News Pro -The total value of this ton of iron ore exports to Brazil`s ports is $ 957 million, up 30.5 percent from August.

The Brazilian average export price of iron ore in August was $ 37.05, rising to $ 41.62 this year.

According to the Brazilian Ministry of Commerce and Development, China is the largest importer of iron ore from Brazil, accounting for roughly 65 percent of its total iron ore exports to China in August of 35 million and 620 thousand tons.