India’s iron ore fines and lumps exports were recorded at 3.28 million tonnes (mnt) in May 2024 against 2.24 mnt seen in April, showing a m-o-m surge of around 46%. Meanwhile, export volumes rose by 14% y-o-y against 2.88 mnt recorded in the same period last year. India’s iron ore exports to the world’s largest importer, China, were recorded at 2.46 mnt in May, increasing 20% m-o-m against 2.05 mnt in April. JSW Steel was the largest exporter at 0.97 mnt, up by 80% m-o-m followed by Rungta Mines at 0.81 mnt.
