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India's Jul iron ore exports fall to over 1.5-y low amid weak Chinese demand

Source: Steelmint Aug 07, 2024 08:30

Iron Ore Demand Global Import/Export

Exports to China down by 5% m-o-m in Jul'24. JSW Steel's export volumes fall over 60%. China's port inventory reaches 2.5-year high.

India's iron ore fines and lumps exports were recorded at 1.86 million tonnes (mnt) in July, 2024 against 2.75 mnt in the same period of last year, showing a m-o-m drop of around 32%, according to data maintained with BigMint. Notably, export volumes were recorded at over 1.5-year low,

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