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Cosmic Ferro Alloys Ltd product range includes the entire range of Ferro Manganese and Silico Manganese as specified by Indian Standards Specification and also different composition required by manufacturers of alloy and stainless steel producers.

Products Mn (%) Si (%) Carbon (%) Phos (%) Sulphur (%)
Ferro Manganese (HC) 70-75 1.5 Max 8 Max 0.30 Max 0.05 Max
75-80 2.0 Max 8 Max 0.30 Max
70-75 1.5 Max 8 Max 0.15 Max
Silico Manganese (HC) 60-65 14-18 2.35 Max 0.30 Max 0.05 Max
65-70 15-20 2 Max 0.30

 

 
India's low per capita consumption indicates a big latent market for steel. The recent budget has laid a lot of thrust on infrastructure development and this argues well for the industry as it means higher steel demand. As per the subgroup on steel and Ferro Alloys constituted for the steel sector under the aegis of the Planning Commission, the demand of steel is set to increase to 50 million tons by 2012 and thus also increasing demand for ferro alloys i.e Ferro Manganese and Silico Manganese which is the raw material for steel manufacturers.

FORECAST FOR 2020: There is no doubt that India will strive to achieve the status of a global economic & industrial power by 2020s - and will become one. While most people in the steel industry, given India's past track record, believe that the joint planning committee target of an increase of 70 MT to 100 MT by 2018 is not attainable this writer opines that this is rather conservative.

Within an estimated population of around 1.4 billion in 2020, this level of consumption will mean a steel requirement of about 140 million tonnes per year - or an increase 0f 110MT in 16 years (2005-2020) from the current level. This is definitely feasible if one considers that china increased its production by 70 MT (130 to 200 MT) in 4 years from 2000 to 2003. India can do it too, and will, even though it involve an investment of about Rs. 300,000 crores in 16 years. If we do not achieve this production level, massive imports will surely be resorted to, because development is not going to stop merely because the steel industry is not up to the challenge. It is entirely up to the industry. The 55% share of long products amounts to 77 MT in 2020 with the balance 65 MT to be accounted for by flat. Out of 77 Mt long products, the requirement of steel reinforcement bars (rebars) will be about 35 MT or a five-fold jump from the present level of 6.5 - 7 MT.

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