Exports of iron ore and pellets from India climbed to a 20-month high of over 3.8 million tonnes (mnt) in February 2023, as per SteelMint data. China remained the leading importer of Indian iron ore and pellets in February at over 3.5 mnt, or roughly 92% of total exports by India. At over 12 mnt, China’s share in India’s iron ore and pellet exports in 2022 stood at 77%. Malaysia, Indonesia, Vietnam, Germany and the UAE were among the other importers.
AM/NS India, Rungta Mines, Vedanta, etc. were the top exporters during the month as well as in 2022 as a whole. While Paradeep Port handled the highest cargo volumes in February, the other major ports were Gopalpur, Krishnapatnam, Dhamra, Vizag, etc.
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