India: Iron ore exports down 42% on month in Jun’21

India’s iron ore export shipments witnessed a sharp decline of 42% to 2.14 mn t in Jun’21 as against 3.66 mn t in May’21. Limited Chinese buying of low-grade ore kept Indian exports low.

  • Rungta Mines remained the largest exporter at 0.56 mn t followed by JSPL and Essel Mining at 0.24 and 0.12 mn t respectively.
  • China continued to remain the largest importer at 2.14 mn t in Jun’21 against 3.6 mn t in May.

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