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Iron Ore Export Up 25% yoy In August.

Iron Ore Export Up 25% yoy In August.

26 September 2008

Total monthly exports reached 706.7 ths tones. At the same time receipts from exports dropped by 15.3% yoy. During January-August iron ore exports increased by 0.6% yoy to 12,228.9 ths tones. Concorde Capital: Due to the adverse price trend on the world steel markets in April-June, Ukrainian steel mills decreased production output and reduced their purchases of iron ore. This caused iron ore producers look for new markets.

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