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Facor Alloys executes conversion agreement with Tata Steel

01 Dec 2020 Evaluate

Facor Alloys has entered into a conversion agreement with Tata Steel for conversion of Chrome Ore into Feno Chrome, w.e.f. November 28, 2020. Post-execution the company's plant will be operational now at its 100% capacity.

Facor Alloys is one of the India's largest producers and exporters of Ferro Alloys, an essential ingredient for manufacture of steel and stainless steel.

Peers
Company Name CMP
Nava 529.05
Indian Metal & Ferro 1105.60
Maithan Alloys 822.90
Indsil Hydro Power 27.15
Chrome Silicon 38.90
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