Indian iron ore and pellet exports plunged by 38% y-o-y to 10.11 million tonnes (mnt) in the first half of FY’26, as per data available with BigMint. However, the y-o-y percentage decrease narrowed from the 45% recorded in 5MFY’26, driven by a sharp m-o-m rebound in September 2025. China accounted for 86% of exports, with 8.71 mnt. The next two leading destinations — Malaysia and Indonesia — received minor volumes, at 0.50 mnt and 0.28 mnt, respectively.

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