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Ferro Alloys,Ferroalloys,Manganese Alloys(Ferro Manganese, Silico Manganese), Ferro Silicon, Chrome Alloys, Noble Ferro Alloys (Ferro Molybdenum, Ferro Vanadium, Ferro Tungsten, Ferro Silicon Magnesium, Ferro Boron, Ferro Titanium)Projects

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.

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Manganese from Ferro Manganese Alloy Slag Content 30% Mno3 - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Plant Layout

Ferro Manganese, an alloy of Fe and Mn (70-80%) is obtained by smelting a mixture of iron and manganese ore with carbon in blast furnace, Manganese sulfate is generally manufactured by using manganese dioxide with sulfuric acid or manganese carbonate with concentrate sulfuric acid. It can also be manufactured by using iron and manganese slag. It has good demand in fertilizers, paints and varnishes, ceramics, textile dyes, medicines fungicides etc. It has also a good export potentiality.
Plant capacity: 5 MT/DayPlant & machinery: Rs. 50 Lakhs
Working capital: Rs. 109 LakhsT.C.I: Rs. 226 Lakhs
Return: 47.43%Break even: 68.36%
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Low Carbon Ferro Manganese - 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

Manganese ores, containing more than 35 % manganese are suitable for the manufacture of high or low grade ferro-manganese. Low carbon ferro manganese required where carbon control in steel is strictly necessary 7% C and 74 - 78 % Mn is a standard ferro manganese used for the purpose allowing and deoxidation. India is exporting ferro manganese to various countries. Due to its various applications there is good demand in domestic and export market. Scope for new entrants is there, so one can well venture in to this field.
Plant capacity: 50 MT/DayPlant & machinery: Rs. 104 Lakhs
Working capital: Rs. 885.00 LakhsT.C.I: Rs. 1129.00 Lakhs
Return: 66.12%Break even: 40.99%
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Low Carbon Ferro Manganese - 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

Manganese ores, containing more than 35 % manganese are suitable for the manufacture of high or low grade ferro-manganese. Low carbon ferro manganese required where carbon control in steel is strictly necessary 7% C and 74 - 78 % Mn is a standard ferro manganese used for the purpose allowing and deoxidation. India is exporting ferro manganese to various countries. Due to its various applications there is good demand in domestic and export market. Scope for new entrants is there, so one can well venture in to this field.
Plant capacity: 50 MT/DayPlant & machinery: Rs. 104 Lakhs
Working capital: Rs. 885.00 LakhsT.C.I: Rs. 1129.00 Lakhs
Return: 66.12%Break even: 40.99%
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Ferro Chrome Alloy - 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

In the manufacture of steel, chromium is added usually in the form of ferro chrome. Pure chromium metal, produced by electrolytic or aluminothermic processes, is used for alloying nonferrous engineering materials. The most common materials are nickel-based and cobalt-based alloys, most of which are used at high temperature. Chromium powder, as well as Ferro chromium Powder, has been used in considerable quantities to produce chromium coatings. The so-called pack chrome coating is applied to cast and wrought steel parts by immersing the article in a mixture of chromium powder, an inert material, e.g. kaolin, alumina, or magnesia and mixtures of various salts. Such as ammonium, iodide or chloride. The gas chromium coating has been used to produce a so-called tin-free steel and to treat sheet steel on a continuous line. 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, forging, tubes, springs and other engineering industries. There is a bright scope. Any entrepreneur can venture to in this project.
Plant capacity: -Plant & machinery: 2998 Lacs
Working capital: -T.C.I: 4490 Lacs
Return: 34.00%Break even: 76.00%
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Low Carbon Ferro Manganese - 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

Low carbon ferro manganese is made by reaction of silicon present in silicon manganese or low carbon manganese with manganese ore and lime. These cannot be produced directly from manganese ore and carbon due to co-smelting of gangue constituents. Their carbon contents ranges from 0.1% to 1.5%. These are required where carbon control in steel is strictly necessary. These are also used for the purpose of allowing and deoxidation and as cleaning agent. Their total indigenous production is above 50%. India is also exporting these ferro manganese to various countries like Germany, France etc. So, there is a good scope for new entrants.
Plant capacity: 50.00 MT/day Plant & machinery: Rs. 120 Lacs
Working capital: -T.C.I: Rs. 1300 Lacs
Return: 75.00%Break even: 34.00%
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FERRO ALLOYS OF NIOBIUM, MOLYBDENUM, TITANIUM, TUNGSTEN AND VANADIUM - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Ferro Alloys are the principal alloying agents in iron and steel production. Addition of ferro alloys improves mechanical and physical properties of iron and steel products such as strength, toughness, hardness and corrosion-resistance etc. Most of the ferro alloys contain less than 50% of iron content. The use of highly flexible furnaces make it possible to produce a range of ferro alloy compositions. Ferro alloys are employed in metallurgy for finishing carbon steels, for producing alloy steels and special steels with improved physical and mechanical properties. The demand for ferro alloys has been increasing with that of alloy and special steels. It is expected to reach the level of 1.20 m tonnes by 2006-07. 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. So, there is good future for existing as well as new entrepreneurs.
Plant capacity: 5 MT/DayPlant & machinery: Rs. 2 crores
Working capital: -T.C.I: Rs. 5 crores
Return: 50.00%Break even: 41.00%
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Ferro Silicon - 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, Plant Economics

Ferro alloys are used in making alloy steels and castings of different special types as addition agents. Ferro alloys are usually made in electric-arc furnaces. Alloy steel have often greater limitations on tramp element concentrations than plain carbon steels. In the iron and steel industry, silicon alloys are used for alloying, deoxidizing and reducing other alloying elements such as manganese, chromium, tungsten and molybdenum. Ferro silicon containing 14-95% silicon are used extensively by the iron and steel industry and silicon is present in most commercial grades of steel and cast iron. Most silicon metal is consumed in the manufacture of aluminium-alloy casting containing from 2 to 25 % silicon. Ferro silicon is produced in several grades to suit the quality & economy requirements of various steel industries. The use of it improves the steel quality by clearing the impurities present in iron. Such steels are suitable for transformer core making & other electrical applications. It can be concluded that there is a good scope for new entrants.
Plant capacity: 10 MT/DayPlant & machinery: 79 Lakhs
Working capital: -T.C.I: 386 Lakhs
Return: 56.00%Break even: 46.00%
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FERROSILICON - 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, Plant Economics

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 silicides. Its melting point is about 1200 °C to 1250 °C with a boiling point of 2355 °C. It also contains about 1 to 2% of calcium and aluminium. Ferrosilicon is used in steelmaking and foundries as a source of silicon in production of carbon steels, stainless steels, and other ferrous alloys for its deoxidizing properties, to prevent loss of carbon from the molten steel (so called blocking the heat); ferromanganese, spiegeleisen, silicides of calcium, and many other materials are used for the same purpose. It can be used to make other ferroalloys. Ferrosilicon is also used for manufacture of silicon, corrosion-resistant and high-temperature resistant ferrous silicon alloys, and silicon steel for electromotors and transformer cores. In manufacture of cast iron, ferrosilicon is used for inoculation of the iron to accelerate graphitization. In arc welding, ferrosilicon can be found in some electrode coatings. Ferrosilicon is a basis for manufacture of prealloys like magnesium ferrosilicon (FeSiMg), used for modification of melted malleable iron; FeSiMg contains between 3-42% of magnesium and small amounts of rare earth metals. Ferrosilicon is also important as an additive to cast irons for controlling the initial content of silicon. Ferrosilicon is also used in the Pidgeon process to make magnesium from dolomite. In contact with water, ferrosilicon may slowly produce hydrogen. Ferrosilicon is produced by reduction of silica or sand with coke in presence of scrap iron, millscale, or other source of iron. Ferrosilicons with silicon content up to about 15% are made in blast furnaces lined with acid fire bricks. Ferrosilicons with higher silicon content are made in electric arc furnaces. An overabundance of silica is used to prevent formation of silicon carbide. Microsilica is a useful byproduct. The usual formulations on the market are ferrosilicons with 15, 45, 75, and 90% of silicon. The remainder is iron, with about 2% of other elements like aluminium and calcium. Viewing the uses and applications of ferro silicon, it can be predicted that there is good future for the some and new entrepreneur can venture in to this field. Few Indian Major Players are as under: Hindustan Ferro & Inds. Ltd. Hindusthan Malleable & Forgings Ltd. Indian Metals & Ferro Alloys Ltd. Karthik Alloys Ltd. Kinjal Metals Ltd. Nava Bharat Ventures Ltd. Siddharth Ormet Ltd. Silcal Metallurgic Ltd. Snam Alloys Ltd. Tecil Chemicals & Hydro Power Ltd. V B C Ferro Alloys Ltd. V B C Industries Ltd. Valley Abrasives Ltd.
Plant capacity: 3000 MT/AnnumPlant & machinery: 243 Lakhs
Working capital: -T.C.I: Cost of Project : 816 Lakhs
Return: 41.00%Break even: 63.00%
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FERRO ALLOYS-FERRO MANGANESE, SILICO MANGANESE, FERRO SILICON BASED ON ALUMINOTHERMIC PROCESS - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials

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 silicon. Bulk ferro alloys include ferro manganese, ferrosilicon etc. Manganese is used in metallurgical Industries in the form of ferro-manganese. Ferro-manganese contains about 80% Mn and 20% Fe. Generally ferro-manganese is produced in blast furnace or an electric furnace. There are no rigid ore-requirements for ferro-manganese produced in the blast furnaces. The high carbon ferromanganese is the most important grade of ferromanganese, which is produced by carbothermic reduction of high-grade Mn ores, and low iron content. Ferromanganese is used to add manganese in steel equivalent to 200 series stainless steel. Silicon manganese is produced by carbothermic reduction of Mn slag & quartzite. It should be noted that the derived level of phosphorus content in the ferromanganese is 0.35% max. Silico-manganese is used as a blocking agent to prevent the reaction of carbon & oxygen in steel. The most important consideration in the development of a satisfactory aluminothermic reaction is that the self-propagating reaction which occurs throughout the charge, consisting of an intimately mixed and finely divided mixture of aluminium powder and the metal oxide, shall produce enough heat to melt the products of reaction and to allow separation of the metal and the slag. The commercial development of the aluminothermic process was due largely to the work of H. Goldchmidt. The reaction is generally highly exothermic and the risk of explosion, therefore, sometimes considerable. Gold Schmidt developed satisfactory techniques for its control on a production basis. The excellent account of a modern aluminothermic plant has been given by them who list very fully the consideration, which leads to successful application of the process. The Ferro Alloy Industry was identified by DSIR (Department of Scientific And Industrial Research) as one of the best sectors. This industry has already completed three decades of existence. This is principal alloying agent used in steel manufacturing, steel iron casting etc. where it also acts as a strengthener & deoxidiser. Ferro Alloys are important materials required for the country’s steel production. So, there is good scope for new entrants in this field. Domestic ferro alloy industry is not able to meet the steel industry expectation in spite of having enough capacity to manufacture ferro alloys. According to the data published by Indian Ferro Alloys Producers' Association (IFAPA), capacity utilisation of the ferro alloy industry is only 65 percent for the manganese and chrome alloys. Both the manganese and chrome alloy manufacturers are starved for the basic raw material - the ores. In India, there are 133 companies producing ferro alloys in bulk with 252 furnaces. Most of the companies are manufacturing either manganese or chrome alloys. Few manufacturers concentrate on production of ferro silicon and the rest produce noble ferro alloys such as ferro vanadium, ferro molybdenum and other variants. Few Indian Major Players are as under: Aar Kay Steel Products Ltd. Aarti Steels Ltd. Adhunik Metaliks 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. Castron Technologies Ltd. Century Plyboards (India) Ltd. Corporate Ispat Alloys Ltd. Dandeli Ferro Pvt. Ltd. Dinar Diamonds Ltd. Essel Mining & Inds. Ltd. Facor Alloys Ltd. Ferro Alloys Corpn. Ltd. G M R Ferro Alloys & Inds. Ltd. Gitanjali Exports Corporation Ltd. Gitanjali Gems Ltd. Godawari Power & Ispat Ltd. Haldia Steels Ltd. Hi-Tech Electrothermics & Hydro Power Ltd. Hindustan Ferro & Inds. Ltd. Hindusthan Malleable & Forgings Ltd. Hira Ferro Alloys Ltd. Impex Ferro Tech Ltd. India Thermit Corpn. Ltd. Indian Metals & Ferro Alloys Ltd. J S L Ltd. Jai Balaji Inds. Ltd. Jalan Forgings Ltd. Jeypore Sugar Co. Ltd. Kamdhenu Ispat Ltd. Karthik Alloys Ltd. Kemstar Metals Ltd. Kinjal Metals Ltd. Maharashtra Elektrosmelt Ltd. Maithan Alloys Ltd. Manganese Ore (India) Ltd. Marmagoa Steel Ltd. Minex Metallurgical Co. Pvt. Ltd. Monnet Ispat & Energy Ltd. Nagpur Power & Inds. Ltd. Natural Sugar & Allied Inds. Ltd. Nava Bharat Ventures Ltd. Orde Industries Ltd. Palco Metals Ltd. Parekh Platinum Ltd. Rajesh Exports Ltd. S A L Steel Ltd. Sarda Energy & Minerals Ltd. Sharp Ferro Alloys Ltd. Shri Girija Smelters Ltd. Shyam Ferro Alloys Ltd. Siddharth Ormet Ltd. Silcal Metallurgic Ltd. Snam Alloys Ltd. Sova Ispat Alloys Ltd. Srinivasa Ferro Alloys Ltd. Tata Steel Ltd. Tecil Chemicals & Hydro Power Ltd. Universal Ferro & Allied Chemicals Ltd. V B C Ferro Alloys Ltd. V B C Industries Ltd. Valley Abrasives Ltd. Visa Steel Ltd.
Plant capacity: 12 MT/Day, Ferro Manganese –6 MT/Day, Silico Manganese 3 MT/Day, Ferro Silicon 3 MT/DayPlant & machinery: 75 Lakhs
Working capital: -T.C.I: Cost of Project : 242 Lakhs
Return: 36.00%Break even: 79.00%
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GOOD PROSPECTS IN FERRO ALLOYS - 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

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 Steel Ltd. Ferro alloys are simply indispensable for any type of steel making. In fact for making alloy and special steel their role assumes dominant importance both from the points of view of quality of the product and economics of its production. The planning for the Ferro alloy production therefore must go hand-in-hand with that for steel production. The Ferro alloys industry has expanded in the sixties and seventies to a remarkable extent. We now not only produce sufficient amount of common high carbon Ferro alloys like Ferro-manganese, Ferro-silicon, and Ferro-chromium etc. We also produce special Ferro alloys though not as much are required. If we decide to erect additional steel plants or if the present steel plant capacities are increased we may again fall short even in common Ferro alloys. There is therefore no reason to be complacent. Many elements like silicon, Manganese, chromium, calcium Magnesium, Titanium, Molybdenum, vanadium, zirconium, boron, columbium etc. alloyed with iron go under the general name Ferro alloys and are use in the production of carbon steels, alloy, tool and stainless steels. The natural sources of these elements are in the form of oxides from which they are reduced to their metallic state. The heats of formation of these oxides are generally very high hence their reduction to metals normally calls for very high energy requirement. The uses of Ferro alloys are as grain refiners in the manufacture of plain carbon steels, or as alloying elements in alloys steels. There is a limited use for Ferro alloys in non ferrous metallurgy for making alloys such as nickel chromium iron alloys, manganese bronze etc. Ferro silicon is an essential addition to the molten steel bath during the last stages of refining for deoxidizing purposes. It is also use for adding silicon to high silicon steel such as those used for the production of spring’s electric sheets. Alloys of 70-80% silicon are used as a ladle addition in grey iron foundries. Ferro manganese is employed as a deoxidizer and alloys constituent to harden toughen steels. Manganese combines readily with sulphur, forming MnS, which is less harmful than FeS in steel. Ferro chrome is used for the production of hard chromium steels useful for armour plats and projectiles. It is extensively used in the manufacture of heat resistant and corrosion resistant alloys. The former grade is used as ladle addition to cast iron and the latter in alloys steel manufacture. Ferro molybdenum it is used as an alloying aliments in die steels armament steels such as armour plates, nickel chromium constructional casehardening steels, high speed steels, etc. as molybdenum increases shock and creep resistance properties. Ferro phosphorus it is used as a ladle addition for cast iron for the manufacture of piston rings, liners, etc. for increasing water resistance. It is added in small amounts in open hearth screw steels, to make them free cutting. Other Ferro alloy is used in special steels as a hardening agent and in non ferrous metallurgy as a degasifier and deoxidizer. Ferro cerium is employed as a scavenger to free bronzes, Monel metal and copper casting from oxides and gaseous inclusion. Ferro columbium is used in stainless steel to prevent weld decay i.e. inter-granular corrosion Ferro titanium is deoxidizer and a scavenger in steel manufacture of high speed steels. Ferro tungsten is utilized in the manufacture of high speed steels. Ferro vanadium is added to the ladle in open hearth and to the furnace in basic electric furnace practice as vanadium is a good scavenger and a grain refiner. The industry registered lowered lower exports of Ferro alloys in tonnage as compared to the previous year. The Indian Ferro Alloy Industry is more than four decades old, and produces Bulk and Noble Ferro Alloys. Though this Industry is not as old as the steel industry, its capacity has increased substantially from a humble start in the fifties, meeting the requirement of the steel industry in the country. The growth of the steel industry has not picked up as expected, whereas the growth of the Ferro Alloy Industry has stepped up, much more than the expected level. It has a lot of potential to increase its exports in the near future. Ferro alloys are one of the vital inputs required for producing special types of steel and used as additives inputs especially in the producing of Alloys and special steels. India has been bestowed with adequate resources of all basic raw materials required for the production of Manganese, Silicon and Chrome Alloys. In spite of serious difficulties in Indian Steel Industry during the recent years, the total finished steel production has touched 30.61 million tonnes, recording a growth of 4.6 % over 29.27 million tonnes achieved for the previous year (2004-05). The imports of steel at 1.37 million tonnes showed a decline of 3 % compared to 1.42 million tonnes recorded during the previous years. The export of steel at 2.73 million tonnes was higher by 2.3 % compared to 2.66 million tonnes recorded for the previous year. The apparent consumption of steel grew by 2.6 % and went up to 27.21 million tonnes as against 26.53 million tonnes, recorded during the previous year.The capacity increase of the Ferro Alloy industry in general, followed the course to meet the planned target of steel industry in the country, and also to remain potential exporters of Ferro Alloys in the international market, to earn substantial foreign exchange for the country. A Major part of the special Ferro alloys that are made today are from Imported concentrates of the corresponding elements. The technology for the production of low-carbon and medium-carbon Ferro manganese is yet to be development. Yet the capacity of the individual unit has not gone beyond 10,000 KVA. Today, we are familiar with operation of the 24,000 KVA furnaces which is in operation for the production of alloys. Currently there are 11 Ferro alloy producers and are producing most of the steel plant requirements in the country and are also having export programmers. There are 14 manufacturing units holding industrial license for the manufacture of different types of Ferro alloys with an aggregate installed capacity of 258000 tones per annum. India is projected to have a positive growth of 2 per cent and China is expected to witness negative growth of 5 per cent in apparent steel consumption during 2009. In India, Hon’ble Minister of Steel announced, the government will make all endeavors to see that the 124 mt steel capacity projected by the year 2011-12. This will be realized by way of policy facilitation and vigorous co-ordination efforts with the concerned state governments and the central ministries. During the current year, the three Public Sector Units: SAIL, RINL and NMDC have planned to invest nearly Rs. 13 billion in their on-going capex and modernization projects. Indian Ferro Alloy Producers Association (IFAPA) is very much concerned about the domestic availability of manganese ore for the member units. Once these plants come into operation, it is estimated that around 60 per cent of MOIL’S manganese ore would be consumed by the SAIL-MOIL Ferro Alloy Plant, Bhilai; MOIL-RINL Ferro Alloy Plant, Visakhapatnam and MEL Plant at Chandrapur. The industry would be left with no option, but to depend on 100 per cent imports of high grade and medium grade manganese ore in the near future. Though the future is looking bright for Ferro alloys industry, considering the expected increase in the steel production, the industry will face challenges in relation to procuring raw materials, particularly manganese raw materials, particularly manganese ore, chrome ore and the reluctant metallurgical coke, in the coming years. Strong growth in stainless steel is expected in the near future with generally healthy economic conditions over the next few years. Demand for Noble Ferro Alloys has been growing at an average rate of 14% since 2000 and looking to the expected growth of the Steel industry, demand of all Noble Ferro Alloys is likely to grow at about 18%. Indian Steel Industry has seen some increase in prices and expected to see better realization during the coming years.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • We can modify the project capacity and project cost as per your requirement.
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