India’s company-wise iron pellet production (FY’20-FY’25)

JSW Steel was the top producer of pellets in FY’25, with output at 27 mnt – an increase of 8% y-o-y. The company’s standalone pellet production capacity at the Vijaynagar and Dolvi works alone account for over 30 mnt/year. Increasing captive iron ore capacity post acquisition of mines at auctions in Odisha and Karnataka has boosted the company’s pellet production. However, the other leading producer, AM/NS India, recorded a 14% y-o-y decline in production in FY’25. This was supposedly due to the sharp drop of over 55% in its pellet export shipments in FY’25.