Metkore Alloys & Industries incorporates WOS in Oman

Metkore Alloys & Industries has incorporated a wholly owned subsidiary (WOS) of the company at Oman under the name and style of ‘Metkore Alloys Overseas LLC (FZC). The incorporated subsidiary will be setting up a 108 MVA Ferro Chrome Plant at a cost of $80 million.

Besides, the company has executed a land lease agreement with Sohar Free Zone L.L.C. on June 09, 2012.

Metkore Alloys & Industries (formerly Cronimet Alloys India) is engaged in the manufacture of high carbon ferro-chrome for use in the stainless steel industry. The company’s plant has an installed capacity of 25,000 MT with one 6 MVA and one 9 MVA furnace. It manufactures two standard grades of ferro chrome i.e. high silicon and low silicon.