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The Ferro Alloys Industry is an ancillary and vital industry producing basic alloys, which are required for the growth of the steel industry to cater to both domestic and international market.Ferro alloys are the intermediate products used in the making of steel as deoxidants and for rust proofing.
The products of the industry covered are manganese alloys (High Carbon, Medium Carbon and Low Carbon Ferro Manganese and Silicon Manganese), Ferro Silicon, Chrome Alloys(High Carbon, Medium Carbon and Low Carbon Ferro Chrome, Silico chrome ),Noble Ferro Alloys(Ferro Molybdenum, Ferro Vanadium, Ferro Tungsten, Ferro Silicon Magnesium, etc. All these alloys are an essential ingredient for the manufacture of steel and stainless steel.The capacity utilisation of the ferro alloy industry is only 65 percent for the manganese and chrome alloys. Domestic ferro alloy industry is not able to meet the steel industry expectation in spite of having enough capacity to manufacture ferro alloys. In India, there are 135 companies producing ferro alloys in bulk with 256 furnaces.
The Industry present capacity is around 3.65 million tonnes,including 2.1 million tonnes of manganese alloys and 1.3 million tonnes of chromium alloys and that leaves it with a good amount of export surplus. In the process it has become particularly vulnerable to global trading condition.This is sufficient to take to produce more than 151 million tonnes of steel. The domestic steel industry was trying hard to increase its finished steel production from 48 million tonne in 2006-07 to 60 million tonne by 2010. The Indian steel industry had come to a full swing and is now in an expansion mode. There are plans to scale the steel capacity. The present production of 35 million tonne is expected to increase to 63 million tonne by 2012 and 100 million tonne by 2020.Consequently, the demand for ferro alloys, which are critical inputs for steel manufacturing, will also go up. Production of ferro alloys is projected to be 5 lakh tonne in 2004-05. The demand is expected to grow to 9.4 lakh tonne in 2012 and if exports are also included, it would be 11.4 lakh tonne. The manganese ore demand and supply gap is predicted by analysts to touch 0.6 million tonne.The shortfall is likely to be met through imports. High carbon ferro chrome is mainly used to manufacture stainless steel and balance usage is for manufacturing alloy steel. Currently India produces close to 1 million tons of ferro chrome and exports 3, 50,000 tons of ferro chrome. Most of the production is high carbon with chrome content of 60 to 65 percent.The industry is expecting an increase in the customs duty on ferro alloys to 10% (except for ferro nickel) as against 5%.
Major players in this sector are Essel Mining & Inds.Ltd, Hira Ferro Alloys Ltd, Indian Metals & Ferro Alloys Ltd, Ferro Alloys Corpn.Ltd, Haldia Steels Ltd, etc. The huge steel demand from construction, automobile and machinery building sectors due to a growing urbanization and infrastructure, and proper capacity utilization will lead the ferro Alloys Industry to a bright future in the coming years.
Please choose a project below related to this category.
Low Carbon Silico Manganese which is popularly known as LCSiMn is a ferrous alloy with content of carbon, silica and manganese. A large number of stee...
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Capacity : Low Carbon Silicomanganese: 15,000 MT/Annum |
Plant and Machinery cost: Rs 1422 lakhs |
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Working Capital : - |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 55.00 |
TCI : Cost of Project : Rs 3936 lakhs |
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Cost of Project : 393600000 |
High Carbon Ferro- manganese containing about 7% carbon is not suitable for the production of steels or other alloys containing manganese in which it...
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Capacity : Low Carbon Ferromanganes : 15,000 MT/Annum |
Plant and Machinery cost: Rs 371 lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 61.00 |
TCI : Cost of Project : Rs 2804 lakhs |
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Cost of Project : 280400000 |
Ferro Alloys Plays major role in Steel Production and industrial development. Ferro-alloys are iron based alloys with varied elements introduced in st...
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Capacity : Ferro Silicon: 100 MT/Day |
Plant and Machinery cost: Rs 7566 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 43.00 |
TCI : Cost of Project: Rs 10793 Lakhs |
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Cost of Project : 1079300000 |
Ferroalloys have been developed to improve the properties of steels and alloys by introducing specific alloying elements in desirable quantities in th...
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Capacity : 36000 MT/annum |
Plant and Machinery cost: Rs. 6457 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 24.36 |
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Break Even Point (BEP): 51.07 |
TCI : Cost of Project: Rs. 16549 Lakhs |
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Cost of Project : 1654900000 |
Ferroalloys have been developed to improve the properties of steels and alloys by introducing specific alloying elements in desirable quantities in th...
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Capacity : 36000 MT/annum |
Plant and Machinery cost: Rs. 6457 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 24.00 |
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Break Even Point (BEP): 51.00 |
TCI : Cost of Project: Rs. 16549 Lakhs |
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Cost of Project : 1654900000 |
In igneous rocks, which comprise 95% of the earth’s crust the average percentage concentration of manganous oxide is 0.124. This is small in compared...
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Capacity : 10 MT/Day. |
Plant and Machinery cost: 256 Lakhs. |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 65.00 |
TCI : Cost of Project:691 Lakhs. |
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Cost of Project : 69100000 |
Ferro manganese are alloys composed of iron and one or two more metals like Mn, Si, Ti, W etc. The ferro alloys have usually lower melting points than...
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Capacity : Ferro Silicon:59.0 MT/Day.,Ferro Manganese:167.0 MT/Day.,Silico Manganese:130.5 MT/Day. |
Plant and Machinery cost: Rs.2493 Lakhs. |
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Working Capital : - |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 41.00 |
TCI : Cost of Project :Rs4280 Lakhs. |
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Cost of Project : 428000000 |
Manganese and silicon are crucial constituents in steelmaking, as deoxidants, desulphurizers and alloying elements. Silicon is the primary deoxidizer....
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Capacity : 14400 MT/Annum |
Plant and Machinery cost: 897 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 40.00 |
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Break Even Point (BEP): 70.00 |
TCI : Cost of Project : 1861 Lakhs |
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Cost of Project : 0 |
The ferro alloys are classified as bulk ferro alloys & noble ferro alloys. Bulk ferro alloys include ferro chrome/charge chrome ferro manganese, ferro...
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Capacity : 1800 MT/Annum Ferro Manganese, 900 MT/Annum Silico Manganese, 900 MT/Annum Ferro Silicon |
Plant and Machinery cost: 87 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 40.00 |
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Break Even Point (BEP): 74.00 |
TCI : Cost of Project : 283 Lakhs |
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Cost of Project : 0 |
The indigenous Ferro Alloy production has started only in 1943 with the advent of the setting up of two 1500 KVA capacity furnaces by Mysore Iron and...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
The primary objective of the study is to review the technological status of ferroalloys industry in the country in the area of bulk production of sil...
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Capacity : 12 MT/Day, Ferro Manganese –6 MT/Day, Silico Manganese 3 MT/Day, Ferro Silicon 3 MT/Day |
Plant and Machinery cost: 75 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 36.00 |
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Break Even Point (BEP): 79.00 |
TCI : Cost of Project : 242 Lakhs |
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Cost of Project : 0 |
Ferrosilicon, or ferrosilicium, is a ferroalloy an alloy of iron and silicon with between 15 and 90% silicon. It contains a high proportion of iron s...
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Capacity : 3000 MT/Annum |
Plant and Machinery cost: 243 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 41.00 |
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Break Even Point (BEP): 63.00 |
TCI : Cost of Project : 816 Lakhs |
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Cost of Project : 0 |
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