Indian iron ore export shipments rise over 25% in Q2 FY’21

Indian iron ore export shipments reached approximately 11.7 mn t, increasing 25.7% q-o-q compared to 9.3 mn t in Q1 FY’21, SteelMint’s vessel line up data shows. Exports in the month of Sep stood 4 mn t against 3.9 mn t, a marginal increase of 2.5% m-o-m. Active Chinese buying and bookings by Odisha based miners strengthened low grade fines export from India.