Ferro-Alloy Industry in India

Abstract

Projected growth of Indian alloy, tool, special and stainless steel industries both in the public and private sectors during the Third and Fourth Five Year Plan period, calls for an early establishment of the ferro-alloy ind-ustry in India to eliminate imports of ferro-alloys of requisite grades and make these industries self-sufficient as far as possible. The demand for ferro-alloys to meet the the requirements of the alloy steel plant of 80,000 tons annual production capacity, will be 20,000 tons/annum which will rise to 115,000 tons/annum within a decade when the production of special and alloy steels attains the desired target of 500,000 tons per year. To feed such an industry, ferro-alloys will have to be imported, the esti-mated amount of which will be of the order of Rs.30 crores a year in terms of foreign exchange. Viewed in this cont-ext, the National Metallurgical Laboratory's Symp-osium on "Ferro-Alloy Industry in India" was highly opportune in focussing the attention of the Indian industrialists both in the public and private sectors ; Government authorities and research workers on the latest technological trends & research developments in the production of ferro-alloys and to exchange technical know-how with the leading scien-tists and metallurgists from different parts of the world, regarding the problems facing the industry and its growth along scientific and economic lines.