India: Mill scale exports drop over 30% y-o-y in FY'25 amid weak overseas demand

India's mill scale exports were recorded at 441,424 tonnes (t) in fiscal year 2025. Exports declined by 35% y-o-y against 596,450 t in the previous fiscal year 2024, as per vessel lineup data maintained by BigMint data. The decline was attributed to sluggish demand from major importing countries, a shift in procurement strategies, and global steel market volatility.

Notably, higher export volumes were recorded from Kandla port. The port's strategic proximity and pricing advantages still make it a preferred loading point for exporters. In FY'25, out of the total export volumes of 441,424 t, Kandla port contributed around 394,924 t, whereas rest volumes of 46,500 t was