Ferroalloys - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Description:

Ferroalloyshave been developed to improve the properties of steels and alloys byintroducing specific alloying elements in desirable quantities in the mostfeasible technical and economic way. Ferroalloys Plays major role in SteelProduction and industrial development. These are iron based alloys with variedelements introduced in steel making to cater to the specific needs. These arespecified additions to the production of steel for various applications. It alsohas application in the field of production of low- carbon steel, for producinglow-carbon ferro manganese, for producing low-carbon ferrochrome. The majorusers of alloy steel are: auto industry, railways, forgings, tubes, springs andother engineering industries.

The demand forferro alloys has been increasing with that of alloy and special steels. Thereare six leading players and over 30 small producers. The industry has tied upwith companies in Europe for technology inputs. Ferro manganese along withFe-Si, Fe-Cr, is a bulk ferro-alloy. Iron for Farm implements uses up to 1.75%Mn and also in automobile parts. Ship construction industry uses steels witheven higher content; riffle barrels and heat treated forgings necessarily useferro manganese as an alloying additive.

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