Indian Chrome Ore Production Up by 4% M-o-M in Oct’17

Odisha contributes almost entirely towards chrome ore production in India. Chrome ore production in Odisha has been recorded at 248,412 MT in Oct’17. It is about 4% above the production witnessed in Sep’17.

Production level by captive miners went up by 22% M-o-M. IDCOL and Jindal Stainless witnessed a mammoth increase of 288% and 1243% respectively on monthly basis. Moreover, IMFA, FACOR and Balasore Alloys recorded an increase of 24%, 5% and 9% M-o-M respectively.

TATA Steel, one of the largest merchant miners in the country, registered a significant increase of 26% M-o-M in its production in Oct’17, while OMC registered a substantial fall of 87% M-o-M in its production followed by B.C. Mohanty & Sons which also registered a decrease of 21% M-o-M.