IMFA bets on higher ferro chrome output to offset raw material volatility in second half of FY27
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- ✓Indian Metals and Ferro Alloys expects higher production in the second half of FY27 to offset raw-material volatility.
- ✓Managing director Subhrakant Panda said, "Even as the operating environment remains slightly tight, we have the volumes to more than make up for it." The company targets 380,000 tonnes of output this fiscal.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Indian Metals and Ferro Alloys expects higher production in the second half of FY27 to offset pressure from raw-material volatility, with output set to cross 100,000 tonnes in the current quarter, managing director Subhrakant Panda said. The company is targeting 380,000 tonnes of ferro chrome this fiscal, supported by captive chrome ore supplies and additional capacity from its acquired Kalinganagar plant.
Mumbai: The benefits of incremental output in the second half of the fiscal will help offset the impact of raw material volatility for Indian Metals and Ferro Alloys (IMFA), managing director Subrakant Panda said.
"Even as the operating environment remains slightly tight, we have the volumes to more than make up for it," Panda told ET in an exclusive interaction.
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