India's iron ore and pellet exports jumped 27% month on month in November 2025. The surge shows overseas buyers, led by China, stepping back into Indian material — a swing factor for domestic ore availability and pellet premiums. Sustained export strength can tighten local supply and firm input costs for sponge iron and pig iron makers, who compete for the same material. Exporters welcome the demand; domestic consumers watch it warily, since every strong export month shifts the balance of ore pricing power.