India Probes Iron Ore Pellet Surge

  Published 1 year ago

India's pellet makers urge curbs on suspected Iranian imports via Oman, citing sanctions evasion and harm to local industry.

  • Imports surged to 800,000 tons in 2025, driven by cheaper Iranian pellets routed through Oman, analysts claim.
  • Domestic producers operate at 69% capacity, seek government action on origin doubts, and unfair market pressure.
  • Steel demand rises 7.1% YoY; pellet imports threaten the sustainability of India's growing steel and infrastructure sectors.

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