India: Iron ore exports dip 20% in Nov; CY'24 volumes set for yearly decline

Source: BigMint Dec 13, 2024 08:30

Shipments fall to 1.53 mnt in Nov'24. Chinese demand takes a beating as steel output drops. CY'24 export volumes may reach around 30 mnt.

Morning Brief: India's exports of iron ore (excluding pellets) were recorded at 1.53 million tonnes (mnt) in November 2024 as against 1.97 mnt in October, as per BigMint assessment. India's iron ore exports are largely dependent on Chinese steel market sentiments. Export volumes drifted down after hitting a four-month high in

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