Odisha Chrome Ore Dispatches Increase in Jun’18

Dispatches of chrome ore by Odisha miners have increased substantially by around 22% in Jun’18 against May’18.

Odisha contributes entirely towards Indian Chrome Ore production. TATA Steel, being, one of the largest miners in the region dispatched 130,486 MT of chrome ore in Jun’18 against 130,310 MT in May’18. The company has witnessed a mere increase of about 0.14% in the dispatch of the commodity on M-o-M basis. TATA Steel held 35,619 MT for captive consumption in Jun’18, which is 57% higher to what it was in May’18.

OMC recorded a substantial increase of 39% M-o-M in its Jun’18 Chrome Ore dispatches. OMC dispatched 103,124 MT of Chrome Ore in Jun’18 against 74,078 MT in May’18. B.C. Mohanty & Sons registered an increase of about 13%. Saurabhil Chromite Mines, however, witnessed a substantial decrease of 13% on M-o-M basis on Jun’18.

Such a rise in Chrome Ore dispatch in Jun’18 can be attributed to the rising Ferro Chrome prices, owing to the production cuts in China creating supply shortage and greater demand for imports from India.

Seller Buyer Jun’18 May’18
TATA Steel Tata Steel 35619 22753
T S Alloys 18759 18219
FACOR 16360 8641
Aarti Steels 16061 15447
Nava Bharat Ventures 11885 13265
Jindal Stainless 7918 19629
Shyam Metalics & Energy 7306 9852
Anand Exports 6317 8415
Andhra Ferro Alloys 4576 3290
Tirumala Balaji Alloys 3856  – 
Rohit Ferro Tech 940  – 
Jai Balaji Industries 888  – 
Adhunik Metaliks  –  10799
Total 130486 130310
O.M.C. Jindal Stainless 31651 17612
Visa Steel 16320 11922
Rohit Ferro Tech 10847 8084
FACOR 7466 8602
Shyam Metalics & Energy 4961 4595
#N/A 4799  – 
SAL Steel 4365 1531
Sharp Ferro Alloy 3957 1999
Jai Balaji Industries 2887 1580
Surya Alloy Industries 2033 1956
ARRK Ferro Alloy 1687  – 
Balasore Alloys 1485 2497
Grids Steel & Alloys 1413 1766
Andhra Ferro Alloys 1124 463
Matrix Ferro 1078 400
BRG Iron & Steel 1065 1101
IDCOL Ferochrome & Alloys 973 994
IMFA 791 3988
Pee ELL Alloys 630 80
Vishnu Chemicals 497 699
Tawi Chemicals Industries 438 320
Sree Mahalakshmi Smelters 390  – 
Rahaman Industries 299  – 
Total Solutions 295 313
Nilachakra Industrial Minerals 200 395
Minerals Trade Corporation 199 100
Indotan Chemicals 199 255
Alchrome Chemical Industries 197 119
Konark Chrome Chemicals 193 97
Madhuchandra Techno Chemical 117 83
Prime Chemical Agencies 100  – 
Supreme Chemical Agencies 99  – 
SKG Refractories 99  – 
Sarvesh Refractories 97 190
Mineworth Minerals 93 97
Asma Chemical 80  – 
Others  –  116
Stork Ferro & Mineral  –  1674
MS Subhalaxmi Minerals  –  300
Nifty Chemicals  –  148
Total 103124 74078
IMFA IMFA 41039 6564
Balasore Alloys Balasore Alloys 23058 27384
B.C. Mohanty and Sons Jai Balaji Industries 2996 1014
Balasore Alloys 2228  – 
IMFA 1609 3064
FACOR 1550 2733
Jindal Stainless 1496  – 
Sharp Ferro Alloy 1315 182
Rohit Ferro Tech 993 1373
SRC Chemicals 755 219
Pradhan Industries 199 197
Shyam Metalics & Energy  –  519
B.C. Mohanty & Sons  –  2157
Maharaja Minerals  –  176
Total 13141 11634
FACOR FACOR 10164 8710
Saruabil Chromite Mines Visa Steel 7451 10434
Misirlal Mines 2482  – 
Jai Balaji Industries 82 917
Khemka Refractories  –  200
Total 10016 11551
IDC of Orissa Shyam Ferro Alloys 3080 2612
IDCOL Ferochrome & Alloys 1997 938
Total 5077 3550
Grand Total 336105 273782

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