Balasore Alloys — formerly Ispat Alloys Limited — is part of the renowned Ispat group of companies, a major business house promoted by the Mittals, with operations spread across several countries in addition to India. The company was incorporated in 1984 at Balasore, Odisha.
Across two plants with a combined capacity of 175,000 MTPA and multiple furnaces of varying sizes, the company can produce different grades of Ferro Chrome in step with market dynamics. This flexibility lets a wide product mix be maintained simultaneously — even at lower quantity requirements — adding to its competitive advantage.
The company operates captive chrome-ore mines in the Sukinda Valley at Jajpur Road, Odisha, meeting its chrome-ore requirement in full. As one of the few Ferro Alloys manufacturers in India with captive mines, BAL holds a major advantage given the uncertain availability and volatile pricing of chrome ore. Other raw materials are sourced from both domestic and international markets, and its products enjoy an international reputation.
BAL is IMS (Integrated Management System) certified for both its plant site at Balasore and its mines at Sukinda, Jajpur, Odisha. A suite of management-excellence initiatives drives efficiency and continuous improvement across every area:
Balasore Alloys Limited · Balasore & Sukinda, Odisha, India
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