Tata Steel has unveiled two new products -- branded ferro manganese and ferro chrome for non-integrated steel and stainless steel makers in the country. The products will be sold in 50 kg & 1 tonne tear-proof bags. Tata Steel is aiming to achieve 38% share in the domestic ferro chrome market and 10% share in ferro manganese market in the financial year 2015.
Ferro chrome is a corrosion-resistant alloying agent and is used for producing stainless steel, while ferro manganese is utilised to toughen and harden carbon steel.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.
Company Name | CMP |
---|---|
JSW Steel | 911.85 |
Tata Steel | 181.60 |
SAIL | 150.85 |
Jindal Stainless | 815.10 |
Jindal Saw | 553.50 |
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