Indian Chrome Ore Production Increases by 8% M-o-M in Jul’17

Odisha contributes almost entirely towards chrome ore production in India. Chrome ore production in Odisha has been recorded at 248,400 MT in Jul’17. It is about 8% above the production witnessed in Jun’17.

Productions by captive miners increased marginally by 7.5% M-o-M. FACOR witnessed a substantial increase of around 96% in its production, while Balasore Alloys recorded a decrease of 33% in its production on M-o-M basis. IMFA also witnessed an increase of 54% M-o-M in its production in Jul’17. On the other hand, IDCOL registered a 34% M-o-M decrease in its production in Jul’17.

TATA Steel, one of the largest merchant miners in the country, registered a marginal rise of 5% in its production along with OMC, which recorded a substantial increase of 56% in its production. However, B.C. Mohanty & Sons registered a decrease of 36% in its production.