Indian Pellet Exports Increase 34% Y-o-Y in FY’20

Indian pellet exports in FY’20 grew by 34% to 12.5 MnT as against 9.3 MnT in FY’19. Global material shortage and increased Chinese demand resulted to the rise in Indian pellet exports. China stood as the largest importer with 10.29 MnT. BPRL remained top exporter with 2.9 MnT pellet exported in FY’20.