*Indian exports were recorded at 450,000 MT in H1FY20 against 278,000 MT in H1FY19
*Out of top unload countries for sponge iron, Bangladesh imported 237,700 MT in H1FY20
*India Sponge Iron’s total export in FY'19 is recorded 685,816 MT, out of which 407,000 MT is exported to Bangladesh
*Bangladesh has 6 MnT melting capacity currently and likely to increase to 11 MnT by 2025
*Nepal and Bhutan are also emerging destination for Indian sponge iron exports.