India’s exports of iron ore fines and lumps, predominantly fines of grades below Fe 58%, plunged 45% y-o-y in January-June 2025 (H1CY’25) to around 11 million tonnes (mnt) compared with over 20 mnt in the same period of last year, as per latest BigMint data. In volume terms, exports of iron ore decreased by more than 9 mnt y-o-y during the six-month period and the entire reduction was due to lower demand in China which accounted for 96% of India’s iron ore exports in H1CY’25.
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