Ferro Alloys Corporation

Last updated

The Ferro Alloys Corporation Limited
Type Public
  • BSE: 532657 NSE: FERROALLOY
IndustryFerros metal
Founded1956 [1]
FounderSreeman Seth Durgaprasadji Saraf [2]
Headquarters,
Area served
South Asia-China, Japan, Korea, Indonesia & Taiwan, Europe- Netherlands, Germany, Italy, United States and Canada [4]
Key people
R K Saraf, Director & MD [5]
FACOR, Sriramnagar Facor.jpg
FACOR, Sriramnagar

The Ferro Alloys Corporation Limited (FACOR) was floated in 1955 by the house of Sarafs and Mors to become the first major producer of ferromanganese in India.

The year 1956, marked the beginning of the Ferro Alloys Corporation Limited at Sriramnagar, Garividi, Vizianagaram district, Andhra Pradesh. The founder was Seth Shriman Durgaprasadji Saraf (1911–1988). The registered office is at Tumsar, Bhandara district, Maharashtra. [6]

Ferroalloys are used as deoxidizers and alloy additives in the steel manufacturing process.

The ferromanganese plant started production in 1957, equipped with three furnaces for production of high carbon ferromanganese and ferrosilicon. In 1969, a reduction furnace and a slag furnace were commissioned for the production of ferrochrome. The company independently, set up a 16 MVA furnace in 1981.

FACOR acquired a small steel plant at Nagpur in Maharashtra. In 1979, FACOR developed the technology to produce charge chrome in their own R&D wing. They have established a charge chrome plant at D.P.Nagar, Randia in Bhadrak district of Odisha in 1983. It is a 100% Export Oriented Project with a production capacity of 50,000 tons per annum. FACOR signed an agreement with Marc Rich and Co. AG Switzerland, as the sole selling agent of their entire charge chrome output for 10 years. [7]

The plants at Sriramnagar have facilities for raw material handling, metal, and slag casting, crushing, sizing and other ancillaries apart from furnaces for the smelting of ferroalloys. The raw materials are manganese ore, chromite and quartzite ores with principal elements of manganese, chromium and silicon respectively. They are obtained from the Andhra Pradesh, Odisha, Madhya Pradesh and Bihar states. The Ferro Alloys produced are High Carbon Ferro Chrome, Low Carbon Ferro Chrome, Silicochrome, Silicomanganese, and Magnesium Ferrosilicon, Ferromanganese etc., These alloys are tapped from electric arc furnaces in the molten state. They are prepared to the required size from 25  mm to 150  mm and transported to the various steel companies. The furnaces are connected to Two-stage venturi scrubber systems to maintain a clean environment in and around the production area.

FACOR has been accredited under ISO 9001:2000. [8]

The existing manpower at Sriramnagar is about 784 regular employees with 107 supervisory personnel, besides 1070 contract workmen.

In 2003, the charge chrome division along with the mining division in Odisha has been demerged as FACOR STEELS Ltd and the Ferro Alloys division at Garividi as FACOR ALLOYS Ltd.

Related Research Articles

<span class="mw-page-title-main">Steel Authority of India</span> Central Public Sector Undertaking

Steel Authority of India Limited (SAIL) is a central public sector undertaking based in New Delhi, India. It is under the ownership of the Ministry of Steel, Government of India with an annual turnover of 105,398 crore (US$13 billion) for the fiscal year 2022-23. Incorporated on 24 January 1973, SAIL has 59,350 employees. With an annual production of 18.29 million metric tons, It is the largest government owned steel producer. The hot metal production capacity of the company will further increase and is expected to reach a level of 50 million tonnes per annum by 2025.

Elkem is a company that produces silicones, silicon, alloys for the foundry industry, carbon and microsilica, and other materials. Elkem was founded in 1904, has more than 7,000 employees and fields 30 production sites worldwide. Elkem has an operating income of NOK 33.7 billion. Elkem is responsible for a total of 2.52 million tonnes of scope 1 emissions in 2021. Elkem is listed on the Oslo Stock Exchange.

<span class="mw-page-title-main">Ferromanganese</span>

Ferromanganese is a ferroalloy with high manganese content (high-carbon ferromanganese can contain as much as 80% Mn by weight). It is made by heating a mixture of the oxides MnO2 and Fe2O3, with carbon (usually as coal and coke) in either a blast furnace or an electric arc furnace-type system, called a submerged arc furnace. The oxides undergo carbothermal reduction in the furnaces, producing the ferromanganese. Ferromanganese is used as a deoxidizer for steel.

<span class="mw-page-title-main">Ferrochrome</span> Alloy of chromium and iron

Ferrochrome or ferrochromium (FeCr) is a type of ferroalloy, that is, an alloy of chromium and iron, generally containing 50 to 70% chromium by weight.

Ferroalloy refers to various alloys of iron with a high proportion of one or more other elements such as manganese (Mn), aluminium (Al), or silicon (Si). They are used in the production of steels and alloys. The alloys impart distinctive qualities to steel and cast iron or serve important functions during production and are, therefore, closely associated with the iron and steel industry, the leading consumer of ferroalloys. The leading producers of ferroalloys in 2014 were China, South Africa, India, Russia and Kazakhstan, which accounted for 84% of the world production. World production of ferroalloys was estimated as 52.8 million tonnes in 2015.

<span class="mw-page-title-main">Ferrovanadium</span> Alloy of iron and vanadium

Ferrovanadium (FeV) is an alloy formed by combining iron and vanadium with a vanadium content range of 35–85%. The production of this alloy results in a grayish silver crystalline solid that can be crushed into a powder called "ferrovanadium dust". Ferrovanadium is a universal hardener, strengthener and anti-corrosive additive for steels like high-strength low-alloy steel, tool steels, as well as other ferrous-based products. It has significant advantages over both iron and vanadium individually. Ferrovanadium is used as an additive to improve the qualities of ferrous alloys. One such use is to improve corrosion resistance to alkaline reagents as well as sulfuric and hydrochloric acids. It is also used to improve the tensile strength to weight ratio of the material. One application of such steels is in the chemical processing industry for high pressure high throughput fluid handling systems dealing with industrial scale sulfuric acid production. It is also commonly used for hand tools e.g. spanners (wrenches), screwdrivers, ratchets, etc.

<span class="mw-page-title-main">Vizianagaram district</span> District of Andhra Pradesh in India

Vizianagaram district is one of the six districts in the Uttarandhra region of the Indian state of Andhra Pradesh with its headquarters located at Vizianagaram. The district was once the part of ancient Kalinga.Saripilli Dibbilingeswara temple, Jayathi Mallikarjuna Temple are the finest examples of ancient Eastern Ganga Dynasty built monuments in the district. The district is bounded on the east by the district of Srikakulam, north by Parvathipuram Manyam south by Visakhapatnam, Anakapalli, southeast by the Bay of Bengal, and west by Alluri Sitharama Raju district. It was formed on 1 June 1979, with some parts carved from the neighbouring districts of Srikakulam and Visakhapatnam. The district is named after the princely state of Vizianagaram. In 2011, it was the least populous district in Andhra Pradesh.

<span class="mw-page-title-main">Ferrosilicon</span>

Ferrosilicon is an alloy of iron and silicon with a typical silicon content by weight of 15–90%. It contains a high proportion of iron silicides.

Byasanagar or Vyasanagar is a town and a municipality in Jajapur district in the state of Odisha, India. Colloquially it is also called Jajpur Road. It is home to an industrial belt and hosts several steel companies including Neelachal Ispat Nigam Limited, MESCO, Tata Steel, Jindal Steel etc. According to district officials there are around 14 major companies and several small companies in the vicinity. The city is also home to some eminent people in Odisha, including P. C. Ghadei, Late Ashok Das, Ram Chandra Khuntia (Congress) ,political leader Giridhari Barik (BJD),Priti Ranjan Ghadei (MLA), actor Akash Dasnayak, and his actress aunt the veteran Ms. Anita Dash, actress Naina Das with several other leaders and eminent personalities, its come under the Korei vidhan shabha

Deoxidization is a method used in metallurgy to remove the oxygen content during steel manufacturing. In contrast, antioxidants are used for stabilization, such as in the storage of food. Deoxidation is important in the steelmaking process as oxygen is often detrimental to the quality of steel produced. Deoxidization is mainly achieved by adding a separate chemical species to neutralize the effects of oxygen or by directly removing the oxygen.

VISA Steel Limited is a mineral and metals company situated in the Kalinganagar industrial complex of Jajpur Odisha, India with a 1.5 million ton integrated special and stainless steel manufacturing plant. VISA Steel has its registered office in Bhubaneswar, corporate office in Kolkata and branch offices across India. A listed company, VISA Steel's shares are traded on the BSE and NSE.

<span class="mw-page-title-main">Cupola furnace</span> Small blast furnace for melting scrap iron without reduction reactions

A cupola or cupola furnace is a melting device used in foundries that can be used to melt cast iron, Ni-resist iron and some bronzes. The cupola can be made almost any practical size. The size of a cupola is expressed in diameters and can range from 1.5 to 13 feet. The overall shape is cylindrical and the equipment is arranged vertically, usually supported by four legs. The overall look is similar to a large smokestack.

Mining of industrial minerals was insignificant to Bhutan’s economy except for the production of ferrosilicon. The country’s rugged terrain provides sites to harvest hydropower, which has driven rapid growth in the transport and construction sectors, including the startup of a number of local cement operations.

<span class="mw-page-title-main">Nikopol Ferroalloy Plant</span>

Nikopol Ferroalloy Plant is a producer of Manganese Ferroalloy and related material located in Ukraine.

Chandrapur Ferro Alloy Plant also known as Maharashtra Elektrosmelt Ltd (MEL), it became a Unit of SAIL in year 2011. Chandrapur Ferro Alloy Plant is the only Public sector Unit engaged in production of Manganese based Ferro Alloys in the Country. The plant is situated at Chandrapur (Maharashtra). It is located 166 km away from Nagpur on Delhi-Chennai rail route and is well connected by rail & road to the major cities of India.

<span class="mw-page-title-main">Iron and steel industry in India</span>

The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. As per worldsteel, India's crude steel production in 2018 was at 106.5 tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017. Industry produced 82.68 million tons of total finished steel and 9.7 million tons of raw iron. Most of the iron and steel in India is produced from iron ore.

OFZ, a.s., Istebné, headquartered in Istebné, in Orava region in Slovakia, is Slovakia’s largest ferroalloy manufacturer. OFZ stands for Oravské Ferozliatinová Závody . Company is one of the most important Slovak companies producing base metal products. Among the main products of OFZ are ferrosilicon and ferromanganese ferroalloys, cored wires, and silicate construction materials derived from slag from the production of alloys. In 2014, the company produced 91 thousand tons of ferroalloys as well as 9 thousand tons of cored wires. Sales added up to EUR 119 million and net income came to EUR 2.3 million. Most of the products are exported to Central European countries.

<span class="mw-page-title-main">Zaporizhzhia Ferroalloy Plant</span>

Zaporizhzhia Ferroalloy Plant (OJSC) produces ferrosilicon, carbon ferromanganese, and metallic manganese which are used in the metallurgical industry for alloying of steel, alloys, and cast iron. Suppliers of raw materials include Ukrainian companies: Pokrovsky GZK, Marganetsky GZK, Azovstal, Avdiivsky, and Novotroitskye Rudoupravlinnya. Products are exported both directly and through traders. The company produces some products on a toll scheme.

<span class="mw-page-title-main">Stakhanov Ferroalloy Plant</span>

Stakhanov Ferroalloy Plant is the largest plant for the production of ferrosilicon in Ukraine. The plant is located in the city of Kadiivka, Luhansk Oblast, Ukraine. It is located on uncontrolled territory.

References

  1. "::.FACOR.::Ferro Alloys Corporation Ltd".
  2. Sreeman Seth Durgaprasadji Saraf
  3. "Facor Steel Ltd,Nagpur". Facorsteel.com. Archived from the original on 16 October 2010. Retrieved 8 December 2010.
  4. "::.FACOR.::Ferro Alloys Corporation Ltd".
  5. "FERROALL History | Ferro Alloys Corporation Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 8 December 2010.
  6. "Facor Steel Ltd,Nagpur". Facorsteel.com. Archived from the original on 16 October 2010. Retrieved 8 December 2010.
  7. Kumar, Abhineet (20 April 2010). "ArcelorMittal eyes stake in Ferro Alloys Corp". Business Standard India. Business-standard.com. Retrieved 8 December 2010.
  8. "::.FACOR.::Ferro Alloys Corporation Ltd". Facorgroup.in. 19 March 2009. Archived from the original on 12 November 2010. Retrieved 17 December 2010.