Indian Chrome Ore Production Decreases by 6% M-o-M in Feb’17

Odisha contributes almost entirely towards chrome ore production in India. Chrome ore production in Odisha has been recorded at 3,74,922 MT in Feb’17. It is about 6% below the production witnessed in Jan’17.

Production by the captive miners have increased by 2% M-o-M. Balasore Alloys witnessed a substantial increase of around 23% in its production and Jindal Stainless recorded an increase of 39% on M-o-M basis. IDICOL on the other hand, registered a substantial decrease in its production by 49% M-o-M in Feb’17 along with IMFA which also recorded a fall of 32% M-o-M in its production.

TATA Steel, one of the largest merchant miners in the country, registered a fall of 53% in its production. OMC on the other hand, witnessed a massive increase of 75% in its production in Feb’17.