India’s iron ore, pellet exports rally m-o-m in May but plunge 45% y-o-y in Jan-May’25

India’s iron ore and pellet exports remained lacklustre in May 2025, though they shot up by 35% to 2.26 million tonnes (mnt) from a four-month low of 1.68 mnt in April. However, there was a sharp 46% decrease compared to the 4.17 mnt recorded in May last year. Meanwhile, exports totalled 12.01 mnt in January-May, again recording a steep 45% drop from 22.01 mnt in the corresponding period last year (CPLY).