Dispatches of chrome ore by Odisha miners have decreased substantially by around 35% in Apr’18 against Mar’18.
Odisha contributes entirely towards Indian Chrome Ore production. TATA Steel, being, one of the largest miners in the region dispatched 113,076 MT of chrome ore in Apr’18 against 146,177 MT in Mar’18. The company has witnessed a substantial decrease of about 23% in the dispatch of the commodity on M-o-M basis. TATA Steel held 18,025 MT for captive consumption in Apr’18, which is 16% lower to what it was in Mar’18.
OMC also recorded a decrease of 23% M-o-M in its Mar’18 Chrome Ore dispatches. OMC dispatched 76,126 MT of Chrome Ore in Apr’18 against 98,378 MT in Mar’18. B.C. Mohanty & Sons also registered a massive decrease of 84% while Saurabhil Chromite Mines witnessed a substantial fall of 44% on M-o-M basis on Apr’18.
Ferro Chrome demand has been on a continuous downtrend in the month gone by and was likely the chief contributing factor towards shrinking Chrome Ore demand.
| Odisha Chrome Ore Dispatches in April’18 & March’18 | |||
| Seller | Buyer | Apr-18 | Mar-18 |
| TATA Steel | T S Alloys | 20,560 | 18,802 |
| Tata Steel | 18,025 | 21,336 | |
| FACOR | 17,414 | 18,234 | |
| Aarti Steels | 14,753 | 18,141 | |
| Nava Bharat Ventures | 11,562 | 19,532 | |
| Tirumala Balaji Alloys | 7,614 | 6,381 | |
| Shyam Metalics & Energy | 7,154 | 9,306 | |
| Jindal Stainless | 6,351 | 11,734 | |
| Anand Exports | 5,251 | 9,947 | |
| Andhra Ferro Alloys | 4,395 | – | |
| Adhunik Metaliks | – | 12,173 | |
| SRC Chemicals | – | 590 | |
| Total | 113,079 | 146,177 | |
| O.M.C. | Jindal Stainless | 18,857 | 28,366 |
| Visa Steel | 15,500 | 18,015 | |
| Rohit Ferro Tech | 10,362 | 8,600 | |
| Balasore Alloys | 6,739 | 2,491 | |
| Others | 5,283 | 19,995 | |
| SAL Steel | 4,420 | – | |
| Shyam Metalics & Energy | 3,568 | 6,461 | |
| FACOR | 2,666 | 3,890 | |
| IMFA | 2,187 | 2,980 | |
| Stork Ferro & Mineral | 1,986 | 1,778 | |
| Andhra Ferro Alloys | 1,118 | – | |
| Grids Steel & Alloys | 937 | 1,804 | |
| BRG Iron & Steel | 780 | 1,063 | |
| Total Solutions | 576 | 298 | |
| Rahaman Industries | 199 | – | |
| Nilachakra Industrial Minerals | 199 | 198 | |
| Pee ELL Alloys | 183 | – | |
| Shree Monolithics | 103 | 403 | |
| Konark Chrome Chemicals | 99 | 199 | |
| Indotan Chemicals | 99 | – | |
| Khemka Refractories | 94 | – | |
| Orissa Industrial Minerals | 94 | – | |
| Alchrome Chemical Industries | 76 | – | |
| Sagar Mining & Metals Industries | – | 199 | |
| MS Subhalaxmi Minerals | – | 198 | |
| Vishal Ferro Alloys | – | 37 | |
| ARRK Ferro Alloy | – | 510 | |
| Kalinga Ferro Ispat | – | 800 | |
| Sarvesh Refractories | – | 94 | |
| Total | 76,126 | 98,378 | |
| Balasore Alloys | Balasore Alloys | 21,015 | 23,891 |
| FACOR | FACOR | 7,173 | 13,492 |
| Saruabil Chromite Mines | Visa Steel | 5,471 | 9,924 |
| Jai Balaji Industries | 998 | – | |
| Misirlal Mines | – | 1,633 | |
| Total | 6,469 | 11,557 | |
| IDC of Orissa | Shyam Ferro Alloys | 2,323 | 6,625 |
| IDCOL Ferochrome & Alloys | 1,952 | 2,483 | |
| RC Metal Industries | – | 946 | |
| Total | 4,276 | 10,054 | |
| B.C. Mohanty and Sons | Jai Balaji Industries | 985 | 2,556 |
| FACOR | 774 | 1,000 | |
| Shyam Metalics & Energy | 480 | – | |
| IMFA | 388 | 3,000 | |
| PJ Minerals | – | 1,001 | |
| Manishri Refractories & Ceramic | – | 199 | |
| Sharp Ferro Alloy | – | 1,994 | |
| Pradhan Industries | – | 303 | |
| BRG Iron & Steel | – | 501 | |
| Vishal Ferro Alloys | – | 1,996 | |
| Balasore Alloys | – | 1,994 | |
| Jindal Stainless | – | 1,412 | |
| Total | 2,628 | 15,956 | |
| IMFA | IMFA | – | 37,742 |
| Grand Total | 230,766 | 357,246 | |
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