Which ferro alloys were produced in Facor?

The Ferro Alloys produced are High Carbon Ferro Chrome, Low Carbon Ferro Chrome, Silicochrome, Silicomanganese, and Magnesium Ferrosilicon, Ferromanganese etc., These alloys are tapped from electric arc furnaces in the molten state.

What are Facor Alloys?

Facor Alloys Ltd. manufactures ferro chrome, charge chrome, and specialty long steel products. The Company owns and operates a steel plant in Nagpur, India, which produces carbon steel, manganese steel, alloy steel, and stainless steel.

What happened to ferro alloys?

Anil Agarwal-owned Vedanta has acquired Ferro Alloys Corporation (Facor) and its subsidiary Facor Power through the insolvency driven process. The company will pay upfront cash of ₹10 crore and the rest ₹270 crore through Non-Convertible Debentures payable equally over four years starting March 2021.

Is Facor Alloys a good buy?

1. Is Facor Alloys Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Facor Alloys Ltd is a below average quality company.

Is Facor Alloys debt free?

Company is virtually debt free. The company has an efficient Cash Conversion Cycle of -143.16 days.

What are ferro alloys used for?

The main applications of ferroalloys occur in the steelmaking process. They are added to steel to improve properties like strength, ductility, and fatigue or corrosion resistance.

What is the meaning of ferro alloys?

Ferroalloys are namely alloys of one or more alloying elements with iron, employed to add chemical elements into molten metal. Not a single steel grade is produced without ferroalloys (Wood and Owen, 2005).

What is the principle of ferro-alloy making?

The principal function of ferroalloys addition to steel increases its resistance to corrosion and oxidation, improve its hardenability, tensile strength at high temperature, wear and abrasion resistance with added carbon and increases other desired properties in the steel such as creep strength etc.

Which is the most important ferro-alloy metal?

Ferro-Alloy: Type # 1. Chromium is an important Ferro-Alloy metal. It occurs mainly in the form of iron chromate or chrome iron ore. Characteristically, chromium is hard, silvery in colour and metallic in luster. It constitutes a very insignificant proportion of only 0.02 per cent of the earth’s crust.

What are advantages of ferro alloys?

Ferroalloys are added in steel to improve properties like tensile strength, ductility, fatigue strength and corrosion resistance. Additionally, there can be several other tasks for ferroalloys like in refining, deoxidation, control of non-metallic inclusions and precipitates.