Indian iron ore, pellet exports drop 38% y-o-y in H1FY’26

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.

September saw shipments of 2.02 mnt, a surge of 143% against a three-year low of 0.83 mnt seen in August. Volumes increased by a milder 22% y-o-y.