India: Odisha Chrome Ore Dispatches Increased Marginally in Nov’19

Dispatches of Chrome Ore by Odisha miners have increased by almost 3% in Nov’19 M-o-M. TATA Steel remained the largest miner to dispatch 148,128 MT of Chrome Ore in Nov’19, which was 8% higher as compared to the previous month. TATA Steel held only 7% of the total quantity for captive use. Meanwhile, dispatches to TS alloys increased by 30% M-o-M with a quantity of 14,403MT, which was also 10% of the total dispatches from TATA Steel. Aarti Steel and Nava Bharat ventures remained the largest buyers of Chrome Ore from TATA Steel with 15% and 14% of the total dispatches.

Meanwhile, dispatches of OMC reduced marginally by 3.5% in Nov’19 against Oct’19. The total dispatch quantity remained at 65,604MT. Jindal Stainless and Visa Steel were the two major companies to buy OMC Chrome Ore. Jindal Stainless accounted for 24% of the total OMC Chrome ore dispatches with 15,479MT quantity. Visa Steel accounted for 16% of the total OMC Chrome ore dispatches in Nov’19 with 10,364MT quantity.

Dispatches from IMFA remained stable in Nov’19 with 27,854MT. Meanwhile, dispatches from B C Mohanty and IDCOL reduced significantly by 35% and 66% M-o-M respectively. Jindal Stainless reduced their Chrome Ore buying by 40% in Nov’19 meanwhile, Aarti Steels and Jai Balaji increased their chrome ore buying by 62% and 70% respectively.

Odisha Chrome Ore Dispatches in Nov’19 & Oct’19
Sellers Buyers Nov-19 Oct-19 % Change
Aarti Steels         22,269        13,737 62.11
Nava Bharat Ventures         20,828        16,832 23.74
Jindal Stainless         15,627        21,657 -27.84
T S Alloys         14,403        11,086 29.93
Jai Balaji Industries         14,277          6,397 123.17
Anand Exports         12,178          9,454 28.81
Shyam Metalics & Energy         11,471          9,340 22.82
Tirumala Balaji Alloys         10,854        11,809 -8.08
FACOR         10,166        13,719 -25.90
Tata Steel           9,921        13,423 -26.08
Gateway East India           3,798              644 489.48
Rohit Ferro Tech           2,170          3,918 -44.60
SRC Chemicals               165                29 476.10
Sravan Shipping  –          4,613 NA
Orissa Chrome Export and Mining  –              535 NA
Total      148,128     137,193 7.97
O.M.C. Jindal Stainless         15,479        29,418 -47.38
Visa Steel         10,364          8,178 26.74
FACOR           7,188          4,560 57.62
Rashmi Cement           4,947          2,956 67.33
Surya Alloy Industries           4,311          1,361 216.80
Shyam Metalics & Energy           3,747          3,789 -1.12
SAL Steel           3,712          1,248 197.49
Rohit Ferro Tech           3,615          5,152 -29.82
Jai Balaji Industries           3,419          3,990 -14.31
Stork Ferro & Mineral           2,985          1,028 190.53
Sharp Ferro Alloy           1,339          2,112 -36.59
IDCOL Ferochrome & Alloys               996  – NA
Chrome Sagar               870              784 10.99
Pee ELL Alloys               815  – NA
Total Solutions               275  – NA
Ganpati Alkalies & Chemicals               200  – NA
Nilachakra Industrial Minerals               199              198 0.39
Rourkela Minerals               191  – NA
Indotan Chemicals               178              400 -55.48
Alchrome Chemical Industries               164                86 90.26
Matrix Ferro               134              856 -84.35
Madhuchandra Techno Chemical               100              100 0.04
Minerals Trade Corporation               100              193 -48.28
ARRK Ferro Alloy                 97          1,194 -91.89
Indu Raghukul Food & Chemical                 96              194 -50.53
Asma Chemical                 82                85 -3.24
Pragati Chemicals Corporation  –                99 NA
Total         65,604        67,983 -3.50
IMFA IMFA         27,854        27,148 2.60
Balasore Alloys Balasore Alloys         16,537        13,097 26.26
B.C. Mohanty and Sons B.C. Mohanty & Sons           6,359          3,963 60.48
Rohit Ferro Tech           2,719              972 179.82
Jindal Stainless           1,001          1,997 -49.90
Minmat Ferro Alloy               168                72 133.57
Balasore Alloys               110          2,366 -95.36
Rashmi Cement               109          2,808 -96.11
FACOR  –          2,803 NA
Orissa Chrome Export and Mining  –          1,001 NA
Total         10,466        15,981 -34.51
FACOR FACOR           9,504          6,993 35.91
IDC of Orissa IDCOL Ferrochrome & Alloys               848          2,501 -66.08
Grand Total      278,942     270,896 2.97

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