Odisha Chrome Ore Dispatches Increases by 9% in Aug’17

Dispatches of chrome ore by Odisha miners have increased by around 9% in Aug’17 against Jul’17.

Odisha contributes entirely towards Indian Chrome Ore production. TATA Steel, being, one of the largest miners in the region dispatched 101,759 MT of chrome ore in Aug’17 against 101,324 MT in Jul’17. The company has witnessed a mere decrease of about 1% in the dispatch of the commodity on M-o-M basis. TATA Steel only held 4,575 MT for captive consumption in Aug’17 which is around 43% lower than it was in Jul’17.

OMC, on the other hand, recorded a substantial increase of 50% M-o-M in its Aug’17 Chrome Ore dispatches. OMC dispatched 72,457 MT of Chrome Ore in Aug’17 against 48,238 MT in Jul’17. Jindal Stainless was the major buyer of Chrome Ore from OMC in Aug’17. Also, Balasore procured Chrome Ore from OMC in Aug’17, which it hadn’t in Jul’17.

Odisha Chrome Ore Dispatches in August’17 & July’17
Seller Buyer Aug-17 Jul-17
TATA Steel Nava Bharat Ventures      17,499      16,311
Jindal Stainless      16,556      16,665
Aarti Steels      12,265      14,001
Shyam Metalics & Energy      12,112         5,574
T S Alloys      10,986      13,589
FACOR         6,912      15,622
Adhunik Metaliks         6,885         5,478
Tirumala Balaji Alloys         5,426         4,813
Andhra Ferro Alloys         4,628  –
Tata Steel         4,575         8,040
Vishnu Chemicals         2,914            962
Rohit Ferro Tech  –            269
Total    100,759    101,324
O.M.C. Others      20,581         9,190
Jindal Stainless      17,129      14,559
Visa Steel         9,513         7,831
Rohit Ferro Tech         8,489         8,705
Balasore Alloys         6,208  –
Shyam Metalics & Energy         4,477         3,881
Grids Steel & Alloys         2,356  –
FACOR         1,496         2,328
BRG Iron & Steel         1,271            492
Kalinga Ferro Ispat            289            680
Konark Chrome Chemicals            197  –
Nilachakra Industrial Minerals            197            195
Total Solutions            155  –
IDCOL Ferochrome & Alloys               83  –
Sarvesh Refractories               16               80
Vishal Ferro Alloys  –            200
IMFA  –               97
Total      72,457      48,238
IMFA IMFA      44,245      54,999
Saruabil Chromite Mines Visa Steel         9,895         9,933
KL Resources         7,707         2,086
Orissa Industrial Minerals         1,394         2,083
Total Solutions            881            798
Nilachakra Industrial Minerals            392            394
Khemka Refractories            200  –
Shreechem Industries            197            100
Minerals Trade Corporation               99  –
Jindal Stainless  –            989
FACOR  –            999
Ganpati Alkalies & Chemicals  –            494
RC Metal Industries  –            199
Misirlal Mines  –            198
Total      20,766      18,275
Balasore Alloys Balasore Alloys      19,466      15,047
FACOR FACOR      15,785         6,952
B.C. Mohanty and Sons Jai Balaji Industries         1,998  –
Jindal Stainless         1,494  –
Vishal Ferro Alloys            568            933
Rohit Ferro Tech            497         1,187
FACOR  –         3,984
Total         4,557         6,104
IDC of Orissa RC Metal Industries            993  –
Orissa Industrial Minerals            958            978
IDCOL Ferochrome & Alloys            895            792
KL Resources  –         2,971
Total         2,847         4,741
Jindal Stainless Jindal Stainless  –         3,004
Grand Total    280,881    258,685

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