Jainam Ferro Alloys (I) was originally incorporated as Jainam Infraways in March 2014. The company is currently manufacturing two types of Ferro Alloys namely, Ferro Manganese (FeMn) and Silico-manganese (SiMn). Both the alloys are largely used in Steel industry. Ferro-manganese adds strength, toughness and other properties to steel. Silico manganese provides additional silicon which is a stronger De-oxidant in manufacturing steel. The company also generates revenue from its trading activities of manganese ore, used as a raw material in manufacturing Ferro alloys.
The company started commercial production of Ferro alloys of the different grades with one furnace. In June 2017, the company started another furnace for the same manufacturing activity. The products manufactured by the company are primarily used in manufacturing of steel and in foundry activities. It is used as an alloying element which enhances some key physical properties of steel like elasticity, ultimate tensile, strength and toughness etc.
Sometimes addition of some elements in the form of alloys is done deliberately to liquid steel for developing abrasion resistance, wearresistance and corrosion resistance properties. Apart from using manganese alloys for alloying the steel, they are also widely used for deoxidizing, desulphurization & refining of steel. Phosphorus and other elements can also be controlled depending on customer specification. Smaller quantities of alloys are used as reductant in order to produce other metals. Besides their use in plain carbon steel and alloy steel plants, Ferro alloys are consumed by the foundries and electrode industries. A very specific application of refined manganese alloys is a constituent in the coating of welding electrodes. In ceramic industries, manganese alloys are used in small quantities.
Business area of the company
The company has been engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese (FeMn) and Silico manganese (SiMn), largely used in the Steel industry.
Key Events and Milestones:
- 2014: Incorporation of the Company in the name of “Jainam Infraways Private Limited”
- 2016: Takeover of the ferro alloy plant of M/s Raghuvir Ferro Alloys Private Limited vide Sale deed dated June 21, 2016.
- 2016: Started manufacturing of Ferro alloys with one furnace having 5000 KVA power load.
- 2017: Started another furnace with 4000 KVA power load.
- 2018: Sales turnover reached Rs. 100 crore.
- 2018: Conversion of the company from Private Limited to Public Limited Company.
- 2018: Change in the name of Company from Jainam Infraways to Jainam Ferro Alloys (I).