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Industry Insights :
 Non-Ferrous Metals  Iron & Steel  Ferro Alloys  Minerals & Mining  Precious Metals  Recycling  Commodities

Ferro Alloys

 

The Indian Steel Scenario seems to be bottoming out and consequently the Ferro Alloy Production and Industry should hopeully have a better year ahead. Despite increase in Steel Production, the Ferro Alloy Industry has not got the support it requires from the government in order to make their prices competitive in the International Market, hence most producers have to rely on local supplies to Steel Producers which make life difficult for the producers of Ferro Alloys, mainly due to oversupply and stiff competition from other domestic producers who are keen to operate at low margins in order to keep their Industry alive. The main deterrent for the Industry which prevents them from competing in the International Markets is the constraints of high power tariff, Anti-dumping duty on input material and Anti-dumping duty faced on exports of Ferro Alloys.

Ferro Alloys

India Manufactures Ferro Manganese as well as Ferro Silicon & other Bulk and Noble Ferro Alloys. It is expected that with the renewed demand for Steel domestically due to the investments being made in Infrastructure Projects such as construction of Roads, bridges etc steel demand will go up this year which should hopefully help to revive the ailing Ferro Alloy Industry in India.

 

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