Low Carbon Ferromanganese
PROJECT DESCRIPTION
Ferro Manganse in different gradesa is used in manufacturing of Welding Electrodes & also special types of stick electrodes. Low Carbon Ferro Manganese (LCFeMn) & Medium Carbon Ferro Manganese is mainly used for producing E6013 electrodes. Ferro manganese is used in producing steel for being an excellent deoxidizer and desulfurizer. Low carbon Ferro manganese is also high on affinity with sulphur in the steel and on combining produces Manganese Sulphide (MnS) which floats up to the metal surface. It is widely used in the manufacturing of tool steels, alloys steel & structural steels.
The ferro-alloys industry in India has a capacity of around 5.15 million tonnes and is accounted for nearly 10% of the world’s ferroalloys production. The future of the global ferroalloys market is healthy, expanding at an estimated CAGR of 5.9% during the forecast period of 2017 to 2025.The market for ferroalloys, worldwide, is projected to reach a valuation of US$188.7 bn by the end of 2025. This facilitates the development of new technologies and ensures a high quality product.
Few Indian major players are as under
• Acme Ferro Alloys Pvt. Ltd.
• Alok Ferro Alloys Ltd.
• Anjaney Ferro Alloys Ltd.
• Balasore Alloys Ltd.
• Bansal Ferrous Ltd.
• BhaskarShrachi Alloys Ltd.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| Low Carbon Ferromanganese: 50 MT/Day |
Rs. 904 lakhs |
- |
361500000 |
Cost of Project: Rs. 3615lakhs |
28.00 |
58.00 |
