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For producing Ferro Chrome by its associates, import of low ash low phos metallurgical coke is done by the industry. With steel production set to grow in approaching time, domestic consumption of ferro alloys is anticipated to rise. India has the potential to become a leading player in the worldwide ferro alloy industry in the approaching time. It needs to admit market factors and seize opportunities for ferro alloy and steel.
By the day, the accessibility of metallurgical coke is also becoming critical. The industry has to rely on imports for their needs of low ash low phos metallurgical coke, as the quality is much superior than the indigenous coke, which finally decides the quality of the ferro alloys manufactured.
In situation of precariousness in the accessibility of LAM coke and being expensive, the organization has worked out alternative and has imported Anthracite coal having high FC, Low Phos and Low Sulphur suitable for production of Ferro Chrome. The utilization has been an immense success in Ferro Chrome, technology that was seen, even Manganese alloy and Ferro Silicon manufacturers also started using Anthracite coal with other blends.
Apart Manganese Ore, Anthracite coal import for trading, the company also deals into exports of Bulk ferro alloys (manganese alloys, silicon alloys and chrome alloys).
It is figured that, during this calendar year the steel production in China would be around 640 mt and that means an increase of 12.6 percent over the same period last year. China is developing infrastructure construction facility and has the largest number of small and privately-owned steel enterprises in the country and the government is motivating more consolidation. China will rise up their ferro alloy production in the approaching months and during the same time, import of alloys will also rise up in comparison to the import of ores.
In current business strategy, where every Ferro alloy plant should be backed with and supported by Mines & Power, Impex Metal has attained quartzite mines in the proximity of its Bobbili Ferro Silicon plant to feed its need of 24000MT per annum. The quartzite mines with a grade of 96-98% Si02 and with its vast reserves can take care of the company's requirement for the next 20 years.
Loyalty to industry and purchasers and hands-on engagement of the business leaders Mr. S K Patni & team, the company has been develpoing year after year with enhanced production, diversification, acquisition, and concentrating on exports of all ferro alloys and imports of Manganese ore and Anthracite Coal.
Commercializing all minerals and exporting all ferro alloys, Impex has become the most prestigious company in planetary ferro alloy marketing net work exporting, Ferro alloys and others with the assistance of its associates RFTL with a remarkable 1.00 lakh mt in a year.