The first quarter of 2012 has seen quite a dip in the exports of Iron Ore from Brazil. In total, 68.4MT were exported, which is 26.9% lower than in the last quarter of 2011. The largest destinations were:
|3||SOUTH KOREA||2.9 MT||-37.3%|
So, almost all markets have reduced, with only the Philippines and Taiwan up on last quarter. A lot of the tonnage to Oman is for the large DRI plant located there.