India Exports of iron and steel was US$11.81 Billion during 2023, according to the United Nations COMTRADE database on international trade. India Exports of iron and steel - data, historical chart and statistics - was last updated on April of 2025.
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China (X tons) was the main destination for iron ore exports from India, accounting for a X% share of total exports. It was followed by Indonesia (X tons), with a X% share of total exports. From 2012 to 2024, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following ...
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Supramaxes arriving in India will be competing for fewer iron ore cargoes to export, a trend that will likely push rates down, says maritime tech firm The Signal Group. Since the start of 2025 ...
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Iron ore is the key raw material for manufacturing steel. A lot of Indian iron ore, especially the low-grade ore, which is primarily used by smaller-scale Indian steel manufacturers, has been exported to Chinese steel makers since China is the biggest export destination for Indian iron ore. This causes a rise in the price of raw materials for ...
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This has made India an attractive export destination for other countries looking to purchase high quality iron and steel products, spurring more exports from the country every year. India's export of iron and steel has allowed it to become a major player in the global market and bolster its overall economic growth.
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most export destination of Indian steel. (v) Indian iron ore exports at 19.14 MT, increased by 82% on Y-o-Y basis, for CY 2019. In April-December 2019-20, exports of iron ore is 26 million tones, up by 132% over April-December 2018-19. Iron ore exports picked up amid reduced material availability by major iron ore
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India is a leading iron ore exporter, with Australia, Brazil, and Canada being its main rivals. As per iron ore exporters data, the major iron ore exporters in India are Bravo …
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Iron Ore Imports by Country - World's Top Exports. Iron ore imports by country for 2017 plus a comprehensive search table listing. ... the value of Indian iron ore imports fell by an average -35.1% from all supplying countries since 2013 when iron ore purchases were valued at …
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China remained the major export destination for Indian pellets, accounting for 83% of total pellets exported by India in CY2020, followed by Malaysia (6%), Oman (5%) and Indonesia (4%). ... Iron ore fines specific consumption A MT/MT of pellet 1.1 Power specific consumption B KWh/MT of pellet 50 Iron ore fines price (64% Fe) C Rs./MT 9,700 ...
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India no longer wants to export iron ore to Japan and South Korea as it has not renewed a long-term agreement (LTA) for supplying ore to Japanese steel mills and South Korean major Posco after upon its March expiry.
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Exports by Country. China (41M tons) was the main destination for iron ore exports from India, with a 94% share of total exports.It was followed by Indonesia (1.2M tons), with a 2.8% share of total exports.. From 2013 to 2023, the average annual rate of growth in terms of volume to China totaled +12.0%. Exports to the other major destinations recorded the following average annual …
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Key sectors like electronics, pharmaceuticals, engineering goods, iron ore, and textiles played a vital role in this surge. Strengthened by strategic policy measures, enhanced competitiveness, and broader market access, India's export ecosystem is now more resilient and deeply integrated into the global economy. ... Key Export Destinations in ...
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CCI discourages iron ore exports due to its non-renewable nature and importance to various industries. Prioritize export of higher value-added products like finished steel to promote self-reliant India. Upgrade iron ore …
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Gain valuable insights into the historical development and contemporary trade dynamics of iron ore mining in India. Explore production trends, major players, export …
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World News: India's exports grew by 9.1% year-on-year to $38.13 billion by May 2024, driven by high demand for engineering goods, petroleum, and textiles. Key mar
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China (X tons) was the main destination for iron ore exports from India, accounting for a X% share of total exports. Moreover, iron ore exports to China exceeded the volume sent to the second major destination, Japan (X tons), more than tenfold. South Korea (X tons) ranked third in terms of total exports with a X% share.
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Odisha is one of the favoured investment destinations for domestic and international iron and steel players as well as among the largest producers of iron and steel in India. In 2022-23, total exports of iron ore from Odisha stood at US$ 1,033.34 million (~9.21%). At current prices, the state's gross state domestic product (GSDP) was ...
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In 2023, the main destinations of India's Iron Ore exports were: China ($3.45B), Indonesia ($122M), Oman ($85.1M), Malaysia ($70.2M), and Brazil ($43.6M). The fastest growing …
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Debate emerges over iron ore export ban amidst clashes between steelmakers. Read More . 20 February, 2024 Alok Sahay, Secretary-General of the Indian Steel Association, shares insights on EU-CBAM. Read More . 15 February, 2024 India cannot be …
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India Iron Ore Market Synopsis . The India iron ore market is expected to witness a CAGR of around 7.6% during the forecast period 2025-2031. India is one of the major producers and exporters of iron ore in the world, with large reserves available in Karnataka, Jharkhand, Chhattisgarh, Telangana and Goa States.
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In 2023-24, India reached a three-year high in iron ore exports, with 47.8 million metric tons shipped worldwide, especially to China. The surge aligns with the 'Made in India' …
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The exports peaked at 416K tons in April 2022; however, from May 2022 to September 2022, the exports failed to regain momentum. India Iron Ore Exports by Country. China (71K tons) was the main destination for iron ore exports from India, with a …
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The projected forecast for iron ore export from India in the fiscal year 2023–24 is 47.8 million mt, a three-year peak and an increase of 130 percent year over year, based on iron ore export data from 2023–24.
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China (41M tons) was the main destination for iron ore exports from India, with a 94% share of total exports. It was followed by Indonesia (1.2M tons), with a 2.8% share of total exports. From 2013 to 2023, the average annual rate of growth …
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It is a key component of international trade and is crucial for a country's economic growth. Let's look at India's top export destinations, according to the India Trade Portal: ... Despite tensions, China remains a key destination for Indian exports like iron ore, cotton yarn, organic chemicals, and petroleum products.
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According to Volza's Iron Ore export data of India, there are a total of 710 Iron Ore Suppliers in India, exporting to 2,051 buyers globally. In the period from Mar 2023 to Feb 2024, 704 suppliers were active, with SHREE MULTITRADE, SUNDER TRADERS, and D B MACHINE TOOLS PRIVATE LIMITED accounting for 48% of India's total Iron Ore exports.. SHREE …
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Pellet Production in India: Period: Production (in MT) 2023-24: 94.00: 2022-23: 83.96: 2021-22: 77.27: 2020-21: 61.64: 2019-20: 69.00: 2018-19: 59.60: 2017-18 : 63.59 ...
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In 2023, the value of iron ore exported from Australia to China amounted to around 115 billion Australian dollars. China was by far the leading export destination for Australian iron ore in terms ...
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