In the Atlantic, there were no free vessels left for loading after a sharp increase in the export of iron ore from Brazil

The largest buyers of iron ore raw materials in China began to restore their reserves, causing an increase in ore prices with a content of 62 percent of iron by 5.6 percent last week. Against this background, Brazil sharply increased the export of metallurgical raw materials, captivating all free ships in the Atlantic. As a result, the prices for sea transportation in the region rose by almost 10 percent.

Chinese metallurgists replenish the supply of iron ore in the hope of a quick restoration of steel prices, the report widespread by e -mail says. The increase in futures prices for reinforcement this month amounted to 1.1 percent and today they amount to 3431 yuan ($ 564) per ton.

Meanwhile, prices for iron ore raw materials in the port of Tianjin are today at the level of 116.60 dollars per ton, which is 5.6 percent higher than last month and 7.4 percent less than a maximum of $ 158.90 reached in February this year.

The stocks of iron ore in Chinese ports increased by 6.5 percent - to 70 million 600 thousand tons compared to the March minimum.