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India: OMC chrome ore dispatches dropped 3.5% in Nov 19

Dispatches of Chrome Ore by Odisha miners have increased by almost 3% in Nov’19 M-o-M. TATA Steel remained the largest miner to dispatch 148,128 MT of Chrome Ore in Nov’19, which was 8% higher as compared to the previous month. TATA Steel held only 7% of the total quantity for captive use. Meanwhile, dispatches to TS alloys increased by 30% M-o-M with a quantity of 14,403MT, which was also 10% of the total dispatches from TATA Steel. Aarti Steel and Nava Bharat ventures remained the largest buyers of Chrome Ore from TATA Steel with 15% and 14% of the total dispatches.
Meanwhile, dispatches of OMC reduced marginally by 3.5% in Nov’19 against Oct’19. The total dispatch quantity remained at 65,604MT. Jindal Stainless and Visa Steel were the two major companies to buy OMC Chrome Ore. Jindal Stainless accounted for 24% of the total OMC Chrome ore dispatches with 15,479MT quantity. Visa Steel accounted for 16% of

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