Indian state-run steelmaker Steel Authority of India Limited (SAIL) aims to ramp up capacity utilization of its Chandrapur Ferro Alloy Plant (CFP) to meet at least 75 percent of its own consumption of ferroalloys while the plant currently meets 40 percent of its captive demand, SAIL chairman Anil Chowdhary said on Tuesday, November 27.
Mr. Chowdhary said that it is important for CFP to increase production to its fully-installed capacity so that SAIL will improve cost competitiveness of its own production of alloy steel comparative to sourcing ferroalloys through commercial purchase.
SAIL’s CFP, the only government-operated ferroalloy producer in India, has an installed capacity for production of 190,000 mt per year of high-carbon ferromanganese and 130,000 mt per year of silicomanganese.