The ferroalloys are classified as bulk ferro alloys & noble ferro alloys. Bulk ferro alloys include ferro chrome/charge chrome ferro manganese, ferro silicon, etc. while niobium, nickel, titanium, tantalum, tungsten, and vanadium form noble ferroalloys. Two or more of these elements can be associated with any one ferroalloy in known proportions for metallurgical uses. Depending on affinity for oxygen compared to iron, copper, molybdenum and nickel can be added with the charge or during melting and are fully recovered chromia and manganese elements are easily oxidized, and hence, need to be added late during melting or in ladle. Al, Ti, V & Zr easily oxides and are added in ladle only to minimize oxidation losses. The demand for ferro alloys has been increasing with that of alloy and special steels. There are six leading players and over 30 small producers. The industry has tied up with companies in Europe for technology inputs. The major users of alloy steel are: auto industry, railways, forgings, tubes, springs and other engineering industries. The leading players are Alloy Steel (SAIL), Mukand (Advanced Design Materials Corp., USA), Mahindra Ugine, Sunflag Irons & Steel, Vishveshvarya Steel, Kalyani Steel, Panchmahal, Indian Seamless, Shah Alloy Kalyani Carpenter, and Garg Furnace. Ferro manganese along with Fe-Si, Fe-Cr, is a bulk ferro-alloy; Manganese is also added in steels in the form of silico manganese. It dissolves in iron in all proportions, Iron for Farm implements uses upto 1.75% Mn and also in automobile parts. Ship construction industry uses steels with even higher content; riffle barrels and heat treated forgings necessarily use ferro manganese as an alloying additive. Ferro manganese is a principle alloying agent used in steel production steel/iron casting etc, where it also acts as a strengthener and deoxidizer. It imparts corrosion resistance to the products. There is an increased demand of the Indian silico-manganese in the European market. This has strengthened the position of Indian manufacturers for its sale to other countries. The mood of the ferro alloys manufacturers in the International market is very positive. There is a good scope to venture into this field for new entrepreneurs. Few Indian Major Players are as under: Acme Ferro Alloys Pvt. Ltd. Alok Ferro Alloys Ltd. Andhra Ferro Alloys Ltd. Anjaney Ferro Alloys Ltd. Baheti Metal & Ferro Alloys Ltd. Balasore Alloys Ltd. Baroda Ferro Alloys & Inds. Ltd. Bhaskar Shrachi Alloys Ltd. Bhupco Alloys Ltd. Castron Technologies Ltd. Corporate Ispat Alloys Ltd. Cronimet Alloys India Ltd. Dandeli Ferro Pvt. Ltd. Facor Alloys Ltd. Ferro Alloys Corpn. Ltd. Hi-Tech Electrothermics & Hydro Power Ltd. Hindustan Ferro & Inds. Ltd. Hira Ferro Alloys Ltd. Impex Ferro Tech Ltd. Indian Metals & Alloys Ltd. Indian Metals & Carbide Ltd. Indian Metals & Ferro Alloys Ltd. Indsil Hydro Power & Manganese Ltd. Jagat Alloys Pvt. Ltd. Karthik Alloys Ltd. Maharashtra Elektrosmelt Ltd. Maithan Alloys Ltd. Mishra Dhatu Nigam Ltd. Muskan Ferro Silicons Ltd. Nagpur Power & Inds. Ltd. Quality Steels & Forgings Ltd. R G Foundry Forge Ltd. Sarda Energy & Minerals Ltd. Sharp Ferro Alloys Ltd. Shri Ganesh Ferro Alloys Ltd. Shri Girija Smelters Ltd. Shyam Ferro Alloys Ltd. Silcal Metallurgic Ltd. Snam Alloys Ltd. Sova Ispat Alloys Ltd. Srinivasa Ferro Alloys Ltd. Standard Chrome Ltd. Star Metallics & Power Pvt. Ltd. Universal Ferro & Allied Chemicals Ltd. V B C Ferro Alloys Ltd. V B C Industries Ltd.