IMFA doubles down with 1,200 crore chrome and ferrochrome expansion
2026-07-20 12:06:55
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Indian Metals and Ferro Alloys (IMFA) has greenlit a 1,200 crore expansion aimed at doubling its chrome ore mining capacity to 1.Asian Metal Copyright With these developments, the company forecasts ferrochrome output of 400,000 tonnes in FY27, paving the way for the 500,000-tonne target in FY28.Asian Metal Copyright2 million tonnes per annum.Asian Metal Copyright Central to this strategy is the recent takeover of Tata Steel's ferrochrome business in Odisha---a move that has already bolstered IMFA's capacity by 100,000 tonnes and positions the new facility adjacent to its own greenfield project.Asian Metal Copyright The investment also supports a major ramp-up in ferrochrome production, from 260,000 to 500,000 tonnes annually by the close of FY28.Asian Metal Copyright Central to this strategy is the recent takeover of Tata Steel's ferrochrome business in Odisha---a move that has already bolstered IMFA's capacity by 100,000 tonnes and positions the new facility adjacent to its own greenfield project.Asian Metal Copyright Central to this strategy is the recent takeover of Tata Steel's ferrochrome business in Odisha---a move that has already bolstered IMFA's capacity by 100,000 tonnes and positions the new facility adjacent to its own greenfield project.Asian Metal Copyright The investment also supports a major ramp-up in ferrochrome production, from 260,000 to 500,000 tonnes annually by the close of FY28.Asian Metal Copyright Commissioning of the first furnace is imminent, and a partially completed furnace at the acquired plant is on track to contribute an additional 50,000 tonnes by mid-2027.Asian Metal Copyright2 million tonnes per annum.Asian Metal Copyright With these developments, the company forecasts ferrochrome output of 400,000 tonnes in FY27, paving the way for the 500,000-tonne target in FY28.
.Asian Metal Copyright Central to this strategy is the recent takeover of Tata Steel's ferrochrome business in Odisha---a move that has already bolstered IMFA's capacity by 100,000 tonnes and positions the new facility adjacent to its own greenfield projectAsian Metal Copyright
Ferro-chrome Cr 60%min, C 0.1%max IW Rotterdam
Unit:USD/lb Cr
China‘s chromium metal producers' number MoM output increase statistics by province by month
Unit: pcs