India: Chrome ore dispatches fall 14% m-o-m in Dec’25 amid lower prices

  • Tata Steel’s dispatches decline by 34% m-o-m in Dec’25
  • FACOR’s dispatches surge after restart of Kalarangiatta mines

India’s chrome ore dispatches declined 14%  m-o-m to 273,099  t in December 2025 from 316,756  t in November. The decline was likely driven by a drop of around INR  7,100/t ($78/t)  m-o-m in ferro chrome prices in December, coupled with muted response to OMC’s 19 December 2025 chrome ore auction, where 78,500  t were sold from the 106,800  t offered. Bids for grades above 40% declined by 5 – 12% m-o-m (INR  950 – 2,136/t).

In December 2025, Tata Steel’s dispatches dropped 34% to 28,888  t, while OMC’s declined 22% to 120,432  t. In contrast, FACOR’s dispatches rose sharply by 57%  m-o-m to 31,079  t, driven by improved mining activity after the restart of the Kalarangiatta mines, which strengthened raw material availability. Meanwhile, Balasore Alloys shipments increased modestly by 7%  m-o-m to 30,809  t.

Procurement trends

IMFA emerged as the top chrome ore buyer, procuring 57,379  t entirely from its captive mines. Jindal Stainless ranked second, with 46,966  t — 90% (42,453  t) of this was sourced from OMC and the remaining 10% (4,513  t) from its own mines. Balasore Alloys secured the third position with 30,809  t, entirely sourced from its captive mines.


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