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Balasore Alloys commences commercial production at Sukinda Unit

16 Sep 2016 Evaluate

Balasore Alloys has commenced the commercial production at its Sukinda Unit (acquired from Jabamayee Ferro Alloys as a going concern on a slump sale basis) with effect from September 15, 2016. The said unit is located at Tehsil Sukinda, Village & Mouza - Nijagarh, P.S. Sukinda, Jajpur district in state of Odisha. The Sukinda Unit of the company has the installed capacity of production of 15,660 MT per annum.

Balasore Alloys is an India-based company, which is engaged in the manufacturing/mining of Ferro chrome/Ferro alloys. The company has approximately five furnaces with total capacity of approximately 60 (megavolt ampere) MVA to produce approximately 95,000 metric tons (MT) of Ferro alloys per annum.


Peers
Company Name CMP
Nava 535.95
Indian Metal & Ferro 1134.05
Maithan Alloys 869.10
Indsil Hydro Power 35.85
Chrome Silicon 42.00
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