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INDUSTRY OVERVIEW

Industry Structure and Development

India accounts for around 10% of the world's ferro alloy production. India emerged as a preferred supplier on account of low-cost manpower, ore availability and favourable locations. Besides, ongoing power issues in South Africa and the recent Chinese clampdown have helped India emerge as a favourable ferro-alloys supplier. The Indian industry's 3.25 mtpa capacity covers products like manganese alloys (high-carbon, MC and low-carbon ferro-manganese and silico-manganese), ferro-silicon, chrome alloys (high-carbon, MC and low-carbon ferro-chrome, silico-chrome and charge chrome), noble ferro alloys (ferro-molybdenum, ferro-vanadium, ferro-tungsten, ferro-silicon magnesium, ferro-boron and ferro-titanium). The demand for ferro-alloys is driven by steel production, which in turn depends on growth from the infrastructure, housing, automobile and consumer durable industries.

Demand Drivers of Ferro Alloys:

  • Crude steel production

  • Alloy and special steel production

  • Stainless steel production

The Company manufactures manganese based alloys i.e. Ferro Manganese and Silico Manganese. Rapid growth in Iron and Steel sectors in recent year's both at domestic and international level pushed up the capacity and production of Ferro Alloys in the line of development in core sector. .

 

 

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