UTC+8 ( BJT)

India's low-grade iron ore exports rise significantly

ABSTRACT

Iron ore exports from India in the fiscal year 2020-2021 (Apr'20-Mar'21) were recorded at 46.45 million tonnes (mn t), a sharp 86% increase compared to 25.08 mn t in FY’20, according to SteelMint’s vessel-line up data. But, low grade iron ore comprised the major share of the exports.
Iron ore exports across various grades saw a significant rise year-on-year (y-o-y) in FY’21. Exports of low-grade iron ore with 55% to below 58% Fe content jumped by a sizeable 60% y-o-y mn t to 28.7 mn t and that below 55% Fe surged by 156% y-o-y to 5.6 mn t. The

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