Ferrochrome (FeCr) is an alloy of chromium and iron containing between 50% and 70% chromium. The Producer of stainless steel & tool steel are the largest consumer of ferrochrome and charge chrome.It is chromium that confers upon stainless steel its remarkable corrosion resistance.
Out of the total world chrome ore output about 95% is used to produce ferrochrome for the metallurgical industry, with 2% used in chemical industry and the balance 3% in the refractory and foundry industry...
Balasore Alloys, formerly Ispat Alloys Limited is part of the renowned Ispat group of Companies, a major business house in the country, promoted by the Mittals. The group's companies are spread across several countries besides India.
Balasore Alloys was incorporated in the year 1984 at Balasore, Odisha and at present it has two plants with six submerged electric arc furnace (75MVA/145K MT capacity) per annum, planned to increase to 160,000 MTPA.
With multiple furnaces of different capacities, the company has the flexibility to produce different types of Ferro Alloys as per market dynamics.
This adds to the competitive advantage of the same...
Vision :
To be an organization that continuously achieves Value Creation by optimizing resources through operational excellence, enabled by technology and driven by innovation to meet customer satisfaction and to maximize the value of all the stakeholders.
Mission :
To be amongst the world’s Top Five new generations Ferrochrome Manufacturing companies: in our products, in the manner in which we service our clients, in our work ethics, and in our culture of societal integration.