05 Sep 2012 Last updated at 09:35:02 GMT

Russia's Iron Ore exports rise 2.8% y-o-y in May: Customs data

MOSCOW (Scrap Monster): Russia's iron ore exports reached 2.151 million tons in May this year, advanced by 2.8% year-on-year, as per the latest statistics released by the Russian customs.

According to statistics, in the first five months of this year, the country's iron ore exports totaled 10.292 million tons, increasied by 3.2% in comparison 9.973 million tons in the same period of 2011.

In the given period of time, China was the largest importer of the Russian iron ore with 6.062 million tons, increased by 8.4%; Ukraine was the second largest one with 1.077 million tons, surged by 91.3% and Slovakia was the third largest one with 677,000 tons, declined by 44.5%, all compared to the same period of a year earlier.

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