Dispatches of chrome ore by Odisha miners have increased substantially by around 19% in May’18 against Apr’18.
Odisha contributes entirely towards Indian Chrome Ore production. TATA Steel, being, one of the largest miners in the region dispatched 130,310 MT of chrome ore in May’18 against 113,079 MT in Apr’18. The company has witnessed an increase of about 15% in the dispatch of the commodity on M-o-M basis. TATA Steel held 22,753 MT for captive consumption in May’18, which is 26% higher to what it was in Apr’18.
OMC, on the other hand, recorded a marginal decrease of 3% M-o-M in its May’18 Chrome Ore dispatches. OMC dispatched 74,078 MT of Chrome Ore in May’18 against 76,126 MT in Apr’18. B.C. Mohanty & Sons registered a massive increase of about 343% while Saurabhil Chromite Mines witnessed a substantial increase of 79% on M-o-M basis on May’18.
At the beginning of May’18, the Ferro Chrome prices almost bottomed out but low inventory levels with stainless-steel producers and traders in China triggered the demand, lifting the prices upwards eventually.
| Odisha Chrome Ore Dispatches in May’18 & Apr’18 | |||
| Seller | Buyer | May-18 | Apr-18 |
| TATA Steel | Tata Steel | 22,753 | 18,025 |
| Jindal Stainless | 19,629 | 6,351 | |
| T S Alloys | 18,219 | 20,560 | |
| Aarti Steels | 15,447 | 14,753 | |
| Nava Bharat Ventures | 13,265 | 11,562 | |
| Adhunik Metaliks | 10,799 | – | |
| Shyam Metalics & Energy | 9,852 | 7,154 | |
| FACOR | 8,641 | 17,414 | |
| Anand Exports | 8,415 | 5,251 | |
| Andhra Ferro Alloys | 3,290 | 4,395 | |
| Tirumala Balaji Alloys | – | 7,614 | |
| Total | 130,310 | 113,079 | |
| O.M.C. | Jindal Stainless | 17,612 | 18,857 |
| Visa Steel | 11,922 | 15,500 | |
| FACOR | 8,602 | 2,666 | |
| Rohit Ferro Tech | 8,084 | 10,362 | |
| Shyam Metalics & Energy | 4,595 | 3,568 | |
| IMFA | 3,988 | 2,187 | |
| Balasore Alloys | 2,497 | 6,739 | |
| Sharp Ferro Alloy | 1,999 | – | |
| Surya Alloy Industries | 1,956 | – | |
| Grids Steel & Alloys | 1,766 | 937 | |
| Stork Ferro & Mineral | 1,674 | 1,986 | |
| Jai Balaji Industries | 1,580 | – | |
| SAL Steel | 1,531 | 4,420 | |
| BRG Iron & Steel | 1,101 | 780 | |
| IDCOL Ferochrome & Alloys | 994 | – | |
| Vishnu Chemicals | 699 | – | |
| Andhra Ferro Alloys | 463 | 1,118 | |
| Matrix Ferro | 400 | – | |
| Nilachakra Industrial Minerals | 395 | 199 | |
| Tawi Chemicals Industries | 320 | – | |
| Total Solutions | 313 | 576 | |
| MS Subhalaxmi Minerals | 300 | – | |
| Indotan Chemicals | 255 | 99 | |
| Sarvesh Refractories | 190 | – | |
| Nifty Chemicals | 148 | – | |
| Alchrome Chemical Industries | 119 | 76 | |
| Others | 116 | 5,283 | |
| Minerals Trade Corporation | 100 | – | |
| Konark Chrome Chemicals | 97 | 99 | |
| Mineworth Minerals | 97 | – | |
| Madhuchandra Techno Chemical | 83 | – | |
| Pee ELL Alloys | 80 | 183 | |
| Rahaman Industries | – | 199 | |
| Orissa Industrial Minerals | – | 94 | |
| Khemka Refractories | – | 94 | |
| Shree Monolithics | – | 103 | |
| Total | 74,078 | 76,126 | |
| Balasore Alloys | Balasore Alloys | 27,384 | 21,015 |
| B.C. Mohanty and Sons | IMFA | 3,064 | 388 |
| FACOR | 2,733 | 774 | |
| B.C. Mohanty & Sons | 2,157 | – | |
| Rohit Ferro Tech | 1,373 | – | |
| Jai Balaji Industries | 1,014 | 985 | |
| Shyam Metalics & Energy | 519 | 480 | |
| SRC Chemicals | 219 | – | |
| Pradhan Industries | 197 | – | |
| Sharp Ferro Alloy | 182 | – | |
| Maharaja Minerals | 176 | – | |
| Total | 11,634 | 2,628 | |
| Saruabil Chromite Mines | Visa Steel | 10,434 | 5,471 |
| Jai Balaji Industries | 917 | 998 | |
| Khemka Refractories | 200 | – | |
| Total | 11,551 | 6,469 | |
| FACOR | FACOR | 8,710 | 7,173 |
| IMFA | IMFA | 6,564 | – |
| IDC of Orissa | Shyam Ferro Alloys | 2,612 | 2,323 |
| IDCOL Ferochrome & Alloys | 938 | 1,952 | |
| Total | 3,550 | 4,276 | |
| Grand Total | 273,782 | 230,766 | |
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