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India: Iron ore and pellet exports jump in May as stronger export economics, Chinese restocking drive shipments

Source: BigMint Jun 12, 2026 10:00
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Improving export realisations encourage miners to raise overseas sales. Healthy Chinese pre-Labor Day restocking demand sustains buying interest for Indian cargoes. Supportive benchmark prices, narrowing discounts for low-grade fines improve export competitiveness
India's iron ore and pellet exports increased sharply by 31.8% m-o-m to around 3.02 mnt in May'26, up 37.3% y-o-y from 2.2 mnt a year earlier, supported by stronger export economics, active Chinese restocking and improved market conditions for low-grade Indian material.   Iron ore exports rose to 2.55 mnt in

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