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. Notably, export volumes have recovered after dropping for three consecutive months since February 2024. Meanwhile, pellet exports increased significantly m-o-m to 0.89 mnt in May 2024, against 0.20 mnt in April which was the lowest since September 2022.
