High Carbon Ferro- manganese containing about 7% carbon is not suitable for the production of steels or other alloys containing manganese in which it is desired to maintain the carbon at low level. For the manufacture of such materials the manganese must be added either as the relatively pure metal or in the form of an addition alloy with a low content of carbon.
It is a Ferro alloy with high content of manganese. It gives strength to steel and is used in making of high tension steel.Low carbon Ferro manganese is widely used in the manufacturing of tool steels, alloys steel & structural steels. Its property causes it to have a high affinity with sulphur in the steel and on combining produces Manganese Sulphide (MnS) which floats up to the metal surface. Low Carbon Ferro Manganese is used as a de-oxidizer and hence finds its usage in the manufacture of 18-8 Austenitic non magnetic stainless steel.
The demand for ferro alloys has been increasing with that of alloy and special steels. There are about a dozen leading players and over 30 small producers. The industry has tied up with companies in Europe for technology inputs. The major users of alloy steel are: auto industry, railways, forgings, tubes, springs and other engineering industries.Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian Major Players are as under
• Acme Ferro Alloys Pvt. Ltd.
• Anjaney Ferro Alloys Ltd.
• Balasore Alloys Ltd.
• Impex Ferro Tech Ltd.
• Indian Metals & Alloys Ltd.
• Indsil Hydro Power & Manganese Ltd.