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Sunday 19 October 2008

Brazilian manganese ore export in August up by 154% MoM

It is reported that Brazil has exported 329,294 tonnes of manganese ores in August 2008 up by 154% MoM as compared with 129,615 tonnes in July 2008. The exports in August recorded the largest one per month in the past years and accelerated to increase exports of manganese ores from Brazil because of the steeply risen prices of manganese ores and manganese ferroalloys in the world.

In August of 2008, Brazil exported 1,675 tonnes of medium and high grade manganese ores and 327,619 tonnes of other manganese ores. Also, another characteristic in exports of manganese ores from Brazil in August was that 1,675 tonnes of high grade manganese ore were exported from Brazil to mainly China.

According to the customs-statistics released in Brazil, the export of high grade manganese ore from Brazil continued to be nil from March 2007 but Brazil resumed to export high grade manganese ore from April 2008. However, the exports of Brazilian high grade manganese ore were shipped to only two countries of Turkey and China, having had a very small share of 0.5% of the whole. The reality, which Brazil exported many cargoes of high grade manganese ore under name of low grade manganese ore, has still continued.

The total quantity of manganese ores exported from Brazil in January to August 2008 period came to 1,512,000 tonnes, up by 76.6% YoY as compared with 701,780 tonnes in the same period of 2007 and included 450,000 tonnes for China and 470,000 tonnes for France. Therefore, the exports of manganese ores from Brazil to China and France in the first 8 months of 2008 shared a majority of the whole.

For a reference, the quantities of manganese ferroalloys exported from Brazil in August of 2008 were 3,392 tonnes of high carbon ferromanganese, up by 94.8% MoM, 702 tonnes of medium and low carbon ferromanganese, down by 48.4% MoM and 5,798 tonnes of silicomanganese, down by 19.9% MoM. – Steel Guru

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