Export of Ferro Alloys in the Changed conditions of Liberalised Economy

Neterwala, D M (1997) Export of Ferro Alloys in the Changed conditions of Liberalised Economy. In: UNSPECIFIED.

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Abstract

Ferro alloy is most vital for country's steel production and value adding industry which can earn valuable foreign exchange through exports. The industry was subsequently delicensed and liberalized in 1991 and with liberalization, it has seen mushroom growth and number of small and medium units have emerged in production of bulk ferro alloys. The industry and power accounts for 45 to 75% of the cost of production. The export of ferro alloys was around 15% of production in 1990-91, has seen marginal increase in quantum after the liberalization. Exports were nearly 24% of the country's production during 1994-95. The industry has potential to increase its exports, but unable to compete in the international market, mainly due to high power tariff in India as compared to power tariff available for ferro alloy producing units in other countries.This paper discusses the various aspects of bulk ferro alloys, capacity, production and exports, liberalization, raw material availability, constraints faced by the industry in post liberalization, outlook for the future for exports and suggestive measures.

Item Type:Conference or Workshop Item (UNSPECIFIED)
Uncontrolled Keywords:Ferro alloy industry, Liberalization, Exports
Divisions:Metal Extraction and Forming
ID Code:2752
Deposited By:Sahu A K
Deposited On:09 Apr 2011 20:35
Last Modified:13 Jan 2012 12:38
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