Metals & Metallics

To become globally competitive, ferroalloy industry should focus on innovation in process technology, selection of plant equipment to cater wider product mix, control of environmental pollution, and generation of captive power.
Despite rich ore deposits and cheap labour the Indian ferroalloy industry is not globally competitive due to high cost of power, interrupted supply, increasing cost of ore and reductant, non-availability of low ash and low phosphorus
coking coal, poor transportation and handling facility at port, reduction of import duty as per trade agreement and price volatility in international market. Innovation in process technology, adhering to pollution norms, captive power
generation, selection of appropriate plant equipment and size to cater wider product mix and becoming cost competitive are some ways forward.