INDINOX 2010 INDINOX 2010

Ferrochrome &Ferrochrome &Stainless Steel : Stainless Steel : Brightening Brightening India’s futureIndia’s future

PrabhashPrabhash GokarnGokarn

Head (M&BD), FAMD, Head (M&BD), FAMD,

Tata Steel LtdTata Steel Ltd

Tata Steel Ferro Alloys & Minerals participated in India’s first Tata Steel Ferro Alloys & Minerals participated in India’s first

international Stainless Steel fair held at international Stainless Steel fair held at AhmedabadAhmedabad between between

Jan 16 Jan 16 –– Jan 19, 2009. Jan 19, 2009.

FAMD’s stall at the fair (titled “FAMD’s stall at the fair (titled “Making Steel StainlessMaking Steel Stainless”) ”)

showcased Tata Steel as being among the top 6 global chrome showcased Tata Steel as being among the top 6 global chrome

players and the largest manganese alloy player in India. players and the largest manganese alloy player in India.

Amongst the visitors to Tata Steel’s stall, were the steel Amongst the visitors to Tata Steel’s stall, were the steel

minister, minister, ShriShri VirbhadraVirbhadra Singh and Chairman, SAIL, Singh and Chairman, SAIL, MrMr S K S K

RoongtaRoongta; apart from the who’s who of the Stainless Steel ; apart from the who’s who of the Stainless Steel

industry of India, and international delegates (from China, EU, industry of India, and international delegates (from China, EU,

Bhutan, Japan, US, UK, Bangladesh, Pakistani, Sri Lanka). Bhutan, Japan, US, UK, Bangladesh, Pakistani, Sri Lanka).

FAMD also participated in the B2B session with Stainless Steel FAMD also participated in the B2B session with Stainless Steel

producers and presented this paperproducers and presented this paper

View Of FAMD TATA STEEL STALL AT THE INDINOX FAIRView Of FAMD TATA STEEL STALL AT THE INDINOX FAIR

MrMr VirbhadraVirbhadra Singh, Steel Minister at FAMD Stall / Singh, Steel Minister at FAMD Stall / MrMr SK SK RoongtaRoongta, Chairman SAIL at FAMD Stall, Chairman SAIL at FAMD Stall

This presentation is an amalgamation of author’s own

views.

Tata Steel does not necessarily subscribe to the views

expressed in the presentation and the views should not

be taken as company policy.

Chrome Alloy Scenario Chrome Alloy Scenario In IndiaIn India

Chrome DiscoveryChrome Discovery

•• NicolasNicolas--Louis Louis VauquelinVauquelin in 1797 in 1797 •• ChromiumChromium--iron iron spinelspinel now known as now known as chromitechromite (FeOCr(FeOCr22OO33). ). •• Colorful salts : name derived from “Colorful salts : name derived from “khrômakhrôma””

Greek word for Greek word for colourcolour. . •• In 1798In 1798--99, 99, LowitzLowitz & & KlaprothKlaproth independently discovered independently discovered

chromium from the chromium from the BeresofBeresof Mines SouthMines South--Eastern France.Eastern France.

Stainless SteelStainless Steel•• Corrosion resistance of ironCorrosion resistance of iron--chromium alloys first recognized in 1821 by chromium alloys first recognized in 1821 by

the French metallurgist Pierre the French metallurgist Pierre BerthierBerthier•• 1890s 1890s –– 1915 : various patents for different iron 1915 : various patents for different iron –– chromium stainless chromium stainless

alloys . Harry alloys . Harry BrearleyBrearley usually credited with first patent for usually credited with first patent for MartensiticMartensiticstainless steel in 1915, & Dr Hatfield with invention of 18/8 type Austenitic stainless steel in 1915, & Dr Hatfield with invention of 18/8 type Austenitic Stainless Steel.Stainless Steel.

Chrome : Usage Chrome : Usage

Source : ICDA, USGSSource : ICDA, USGS

94%

95% of total chrome 95% of total chrome

used in metallurgical used in metallurgical

applications applications -- prime prime

demand driverdemand driverMetallurgic

al

94%

Refractory

1%

Foundry

Sands

3%

Chemical

2%

Chromite Chromite -- UsesUses

Industrial uses & Intermediate Products - Chromite

Refractory Chemical Metallurgical Foundry Sands

Cement kiln Chrome Plating Ferrous Alloys

Fiberglass furnace Corrosion control -Cast Iron

Glass tank regenerator Metal finishing -Steel :

Mag-chrome refractories Pigments alloy

Others Tanning Chemicals stainless

(Chromates, Non ferrous alloys

Di-chromates) Aluminium

Others Copper

Nickel

Others

70% of chrome used in 70% of chrome used in

metallurgical applications metallurgical applications --

is for making stainless is for making stainless

steelsteel

18% is for making alloy 18% is for making alloy

steel steel

S Africa, S Africa, 74%74%

Zimb, Zimb, 12%12%

Khazak, Khazak, 8%8%

India, 1%India, 1% Other, 5%Other, 5%

Global Chrome ReservesGlobal Chrome Reserves

India in The Global Chrome Market (1)India in The Global Chrome Market (1)

S Africa, S Africa, 35%35%

China, China, 25%25%

Kazak, Kazak, 17%17%

India, India, 11%11%

Russia, Russia, 5%5%

Others, Others, 7%7%

Global Chrome Alloy Global Chrome Alloy

Production CY09Production CY09India has a total chrome ore India has a total chrome ore

reserve of 213 million MT reserve of 213 million MT

(proved 31mill MT, probable 35 (proved 31mill MT, probable 35

mill MT, recoverable 66 mill MT).mill MT, recoverable 66 mill MT).

98% in state of Orissa98% in state of Orissa

India has a total chrome alloy India has a total chrome alloy

production capacity of 876 MVA,production capacity of 876 MVA,

ProdnProdn in 2009 : 6,05,000 MT in 2009 : 6,05,000 MT

70% in state of Orissa70% in state of Orissa

Chinese LAM Coke preferredChinese LAM Coke preferred

Power cost & availability concernsPower cost & availability concerns

India in The Global Chrome Market (2)India in The Global Chrome Market (2)

1010

1313

101066 55

2222

22222222

3333

2525

00

55

1010

1515

2020

2525

3030

3535

4040

4545

Cr Ore/ConcCr Ore/Conc 20052005 20062006 20072007 20082008

Export to ChinaExport to China Export ROWExport ROW Used inside IndiaUsed inside India

60%60%

80%80%

69 18 19

38

35 34

44

30

26

0

10

20

30

40

50

60

70

80

90

1 2 3 4 5

FeCr Export to ChinaFeCr Export to China FeCr Export to ROWFeCr Export to ROW Used inside IndiaUsed inside India

50%50%

32%32%

60%60%

< 10%< 10%

Chrome Ore/ConcentrateChrome Ore/Concentrate Ferro ChromeFerro Chrome

India has moved from mainly a supplier of Chrome Ore/Concentrate to a India has moved from mainly a supplier of Chrome Ore/Concentrate to a

global supplier of Ferro Chrome. Today, most chrome ores are used global supplier of Ferro Chrome. Today, most chrome ores are used

within India.within India.

Domestic consumption of Domestic consumption of ferroferro chrome has remained more or less chrome has remained more or less

stagnant, due to slow growth of the SS & Alloy steel industry. Share of stagnant, due to slow growth of the SS & Alloy steel industry. Share of

FeCrFeCr used within the country has dropped to oneused within the country has dropped to one--third.third.

India in The Global Chrome Market (3)India in The Global Chrome Market (3)

Production capacity 2.5 mil MT.Production capacity 2.5 mil MT.

Product mixProduct mix-- 75% Flat :25% Long. 76% output in 200 series. 75% Flat :25% Long. 76% output in 200 series.

10% in 400 series fast growing10% in 400 series fast growing

Majority from Private enterprises which mainly produce Flat Majority from Private enterprises which mainly produce Flat

products. 5% production from products. 5% production from GovtGovt enterprises who are mostly enterprises who are mostly

in Long productsin Long products

In 2009 SS production expected 1.8 to 2.4 mill MT In 2009 SS production expected 1.8 to 2.4 mill MT (figures (figures

from different sources!!)from different sources!!). .

SS Exports 0.5 million MT, mainly Bright Bars, Utensils.SS Exports 0.5 million MT, mainly Bright Bars, Utensils.

China in The Global Chrome Market (1)China in The Global Chrome Market (1)

Chrome OreChrome Ore

Insignificant Chrome Ore Reserves compared to IndiaInsignificant Chrome Ore Reserves compared to India

Chrome ore production < 3 Chrome ore production < 3 lakhlakh MT, mainly used for refractory & MT, mainly used for refractory &

chemical applications.chemical applications.

Imports Chrome Ore from mainly S Africa, Oman. Imports from India Imports Chrome Ore from mainly S Africa, Oman. Imports from India

have reduced sharply.have reduced sharply.

Ferro ChromeFerro Chrome

Turned a net importer of HC Ferro Chrome from 2002. Turned a net importer of HC Ferro Chrome from 2002.

Significant imports from India. Quantum jump in HC Significant imports from India. Quantum jump in HC FeCrFeCr imports in last imports in last

2 years.2 years.

Significant producer of Significant producer of SilicoSilico Chrome & LC Chrome & LC FeCrFeCr

2,686

4,505

6,2906,940

6,000

3,0244,325

6,0916,449

4,979

854 1,043 1,296

1,506

750233 440

1,348

1,094

1,660

0

2000

4000

6000

8000

2005 2006 2007 2008 2009 Till SeptQu

an

tity

('000 M

T)

SS production Import of Chrome Ore & Conc

Production of Ferro Chrome Import of Ferro Chrome

China in The Global Chrome Market (2)China in The Global Chrome Market (2)

Total production capacity 13 million MT; oneTotal production capacity 13 million MT; one--third of global capacitythird of global capacity

Flats : 7 million MT Flats : 7 million MT -- State Owned Joint enterprises State Owned Joint enterprises

Longs : 6 million MT Longs : 6 million MT –– mostly private enterprises mostly private enterprises

20092009: SS production expected 8 mill MT, capacity : SS production expected 8 mill MT, capacity utilisationutilisation of 62%. of 62%.

Significant exports. Significant exports. China now the world’s largest SS PlayerChina now the world’s largest SS Player..

SS SS ProdnProdn In China grew at a In China grew at a

CAGR of @22% (2005CAGR of @22% (2005--2009)2009)

China in The Global Chrome Market (2) China in The Global Chrome Market (2) –– India FactorIndia FactorChina’s dependence on India in Chrome Ore or Chrome AlloysChina’s dependence on India in Chrome Ore or Chrome Alloys

India’s spend share as supplier of Chrome Ore & India’s spend share as supplier of Chrome Ore & ConcConc to China to China 2005 : 32%, 2007 : 16%, 2009 : 7%2005 : 32%, 2007 : 16%, 2009 : 7%

India’s spend share as supplier of Ferro Chrome to ChinaIndia’s spend share as supplier of Ferro Chrome to China--2005 : 28%, 2007 : 14%, 2009 : 17%2005 : 28%, 2007 : 14%, 2009 : 17%

Share of India’s Ferro Chrome export to China as part of India’s total production Share of India’s Ferro Chrome export to China as part of India’s total production increased to a level of 60%increased to a level of 60%

China prefers Indian Ferro Chrome :China prefers Indian Ferro Chrome :-- High grade High grade -- Short Sailing TimeShort Sailing Time-- No Seasonal EffectNo Seasonal Effect--Time zone advantageTime zone advantage

Domestic Domestic FerroChromeFerroChrome DemandDemand

Demand in India for Demand in India for ferroferro chrome has not grown significantly as yet : growing chrome has not grown significantly as yet : growing from 1.7 mill MTPA to 2.5 mill MTPA (2000from 1.7 mill MTPA to 2.5 mill MTPA (2000--2009)2009)

Other issues in IndiaOther issues in India

1.1. Secure suppliers / customers : LT Contracts with fixed Secure suppliers / customers : LT Contracts with fixed

monthly committed lifting quantitymonthly committed lifting quantity

2.2. Price : need to evolve an acceptable BM. Monthly/quarterly Price : need to evolve an acceptable BM. Monthly/quarterly

BM based pricing on LT Contracts.BM based pricing on LT Contracts.

3.3. Improvement in Logistics : specially inland transport in Improvement in Logistics : specially inland transport in

Orissa and from the Eastern to the western part of India.Orissa and from the Eastern to the western part of India.

4.4. Power availability and need to keep power costs lowPower availability and need to keep power costs low

¿ Quo Vadis ?¿ Quo Vadis ?

800

900

1,000

1,100

1,200

1,300

1,400

1,500

1,600

2009 2010 2011 2012 2013

1,450

1,350

1,4501,500

1,600

1,041

1,156

1,4061,476

1,576

'000 M

T

China India

Ferro Chrome : India catching up with ChinaFerro Chrome : India catching up with China

China turned a net importer of HC Ferro Chrome from India since 2002, China turned a net importer of HC Ferro Chrome from India since 2002,

with a quantum jump in HC with a quantum jump in HC FeCrFeCr imports in last 2 years. imports in last 2 years.

Significant increase in Significant increase in FeCrFeCr production within India forecast, India will production within India forecast, India will

catch up with China by 2013.catch up with China by 2013.

8,4009,100

9,760

10,69011,070

0

3,000

6,000

9,000

12,000

2010 2011 2012 2013 2014

'00

0 M

T

YearYear FlatFlat LongLong TotalTotal

20052005 10011001 153153 11541154

20102010 16851685 373373 20582058

20152015 31853185 900900 40854085

Source ISSDASource ISSDA

Projected Stainless Steel GrowthProjected Stainless Steel Growth

Stainless Steel : Stainless Steel :

••China SS growth to slow to 6China SS growth to slow to 6--8% CAGR between 2010 8% CAGR between 2010 -- 20152015

••Significant opportunity for India to emulate growth of China during 2005Significant opportunity for India to emulate growth of China during 2005--

2009 (@22). 2009 (@22).

••However, most optimistic projections for Stainless Steel by ISSDA @12% However, most optimistic projections for Stainless Steel by ISSDA @12%

CAGRCAGR

ChinaChina IndiaIndia

Till 2000 2001 to 2004 2005 to current The possible future

Stainless Steel

Ferro Chrome

Chrome Ore

China reaching half million MT production

Emergence of China as player of significance

in global Stainless Steel

Dominance of China in global Stainless Steel

production

Increased Dominance of China, Emergence of India : high growth in Stainless

Steel production

No Ferro Chrome import by China

China starts importing Ferro Chrome : 1st time

import rom India

Increased production of Ferro Chrome in China and

India. Quantum jump in India’s share in China’s import

China secures Chrome Ore supplies through equity

stakes in Zimbabwe, South Africa etc. Further

consolidation : Cr Ore -FeCr - Stainless Steel

India’s production reaches 2 million MT

India’s production reached 3 million MT with one third

exported to China

Restriction of Ore supply from India . China shifted to supply from other countries

Higher production consumption & export of

Ferro Chrome in India.

•• Rapid increase in Ferro chrome demand in Rapid increase in Ferro chrome demand in

China and India will boost Ferro Chrome China and India will boost Ferro Chrome

production in India in a big way.production in India in a big way.

•• An opportunity exists for India to grow like China An opportunity exists for India to grow like China

did in the global Stainless Steel arena, and did in the global Stainless Steel arena, and

emerge as a big global producer, consumer and emerge as a big global producer, consumer and

exporter of stainless steel.exporter of stainless steel.

THANK YOU THANK YOU

USES OF USES OF

CHROMIUMCHROMIUM

Chromium : Use In Metallurgical Applications Chromium : Use In Metallurgical Applications

Stainless Steel

69%

Others

2%

Nickel Alloys

1%

Foundry &

Castings

10%

Alloy Steel

18%

Passive layer formation Carbide formation

Cr > 10.5% Wear Resistance

Stainless Steels Bearing Steels

Cr

Carbide formation Scale Resistance

Hot Hardeness Creep Resistance

Tool Steels, High Speed Steels High Temp Steels

CHROMIUM - Alloying Element In Steel

ApplicationGrowth

Rate% Cr

Stainless Steel 5% 18% 2,798 50% 3,571 50%

Alloy Steel 5.50% 3% 1,244 22% 1,626 29%

Tool & HSS 6.90% 5% 94 2% 131 2%

Engg Steel 6.20% 0.80% 369 7% 498 9%

HSLA 10% 0.20% 37 1% 60 1%

Carbon, Low Alloy 4.80% 0.10% 744 13% 941 17%

Castings 4.40% 0.20% 153 3% 190 3%

Ni alloys 6% 22% 55 1% 74 1%

Others 6% 1% 70 1% 94 2%

000 MT Cr

Content 2008

000 MT Cr

Content 2014

70% of chrome used in 70% of chrome used in

metallurgical applications metallurgical applications

-- is for making stainless is for making stainless

steelsteel

18% is for making alloy 18% is for making alloy

steel steel

BACK UP

ABOUT TATA STEELABOUT TATA STEEL

THE TATA GROUP

Founded by Jamsetji Nusserwanji Tata in 1869, a visionary, nationalist and philanthropist who believed that wealth must be shared

HISTORY OF FIRSTS :

First integrated steel plant

First hotel chain

First hydro electric power plant

First institute of technical education

First to discover & nurture Chrome & Manganese

The Tata GroupThe Tata Group

Strong Brand Equity

USD 62.5 billion

6.3% of India GDP

61% of Group Revenue

Employees 350,000 people

worldwide

The TATA GROUPThe TATA GROUP

MOTORSMOTORS

CHEMICALSCHEMICALS

TEATEA

STEELSTEEL

TELECOMTELECOM

FERRO ALLOYS FERRO ALLOYS & & MINERALSMINERALS

US$25 Bn.

US$3450M

ENERGYENERGY

SERVICESSERVICES

Group ProfileGroup Profile

SOFTWARESOFTWARE

US$400M

TATA STEEL

Tata Steel is the flagship company of the Tata GroupTata Steel is the flagship company of the Tata Group

First to discover and nurture India’s mineral wealth : first Manganese and chrome mines, first Ferro

alloy plant. Amongst the largest Ferro alloy producers in India – amongst World’s top 6 Chrome

producers.

Ferro Alloys & Minerals Division

FAMD - PRODUCTS

MINERALSMINERALSFERRO ALLOYSFERRO ALLOYS

CHROME ALLOYSCHROME ALLOYS MANGANESE MANGANESE

ALLOYSALLOYS

DOLOMITE / PYROXINITEDOLOMITE / PYROXINITECHROME CONCENTATECHROME CONCENTATE

FLUXESFLUXES

FerroChrome FerroChrome

ChargeChromeChargeChromeFerro ManganeseFerro Manganese

Silico ManganeseSilico Manganese

Amongst the top 6 Global Chrome Alloy producers

6.3% global market share in Chrome Alloys, 44% share in India

Largest supplier of manganese alloys in India, 15% market share in India

Production facilities in India and South Africa

Major Customers are Carbon Steel, Alloy Steel & Stainless Steel Manufacturers

As the world sees us….As the world sees us….

Chrome Alloys Chrome Alloys –– Stainless / Stainless / Alloy SteelAlloy Steel Manganese Alloys Manganese Alloys –– Carbon & Stainless Carbon & Stainless

Steel (200S)Steel (200S)

Fluxes Fluxes –– Manufacture of Steel Manufacture of Steel Chrome Concentrate Chrome Concentrate –– manufacture of manufacture of Chrome alloys and Stainless SteelChrome alloys and Stainless Steel

FAMD - PRODUCTS

Company

Name

Capacity

( In LMT)

Rank by

Prodn

(2008)

Rank by

Prodn

(2010)

2007 2009

Xstrata 18.00 21.50 1 1

Samancor 11.85 11.35 2 2

Kazchrome 10.0 11.3 3 3

Hernic 2.7 4.3 4 4

Outokumpu 2.6 2.6 5 6

Tata Steel

Group2.2 3.6 6 5

Tata Steel will be the fifth largest producer of Charge/Ferro ChromeTata Steel will be the fifth largest producer of Charge/Ferro Chrome

and the largest producer in Indiaand the largest producer in India

World’s Largest Chrome Alloy ProducersWorld’s Largest Chrome Alloy Producers

Leader In Manganese Alloys in IndiaLeader In Manganese Alloys in India

17% Domestic Market Share in Ferro Manganese17% Domestic Market Share in Ferro Manganese

12% Domestic Market Share in Silico Manganese12% Domestic Market Share in Silico Manganese

Flux Business : DolomiteFlux Business : Dolomite

•• CalciumCalcium--Magnesium carbonateMagnesium carbonate

•• Used as a flux in making of iron & during steel making and for some Used as a flux in making of iron & during steel making and for some refractory applications. Flux is used as a slag former, which helps in refractory applications. Flux is used as a slag former, which helps in refining the ore while it is reduced to metal.refining the ore while it is reduced to metal.

Competitive Position

ProductCustomer

SegmentsPresent Volume

Current Market

Share, PositionCompetitors Envisaged Growth

Integrated Steel

Plants

Ferro Alloy Plants

Sponge Iron Plants

Dolomite 5 lakh MTPA7.5 lakh MTPA

(2015)30%, 3

BISRA (Mkt share 50%,

Rank 1)

BK Lal (Mkt share 40%,

Rank 2)

PyroxenitePyroxenite ::

•• CalciumCalcium--Magnesium silicate associated with serpentine, found with Chromites at Magnesium silicate associated with serpentine, found with Chromites at SukindaSukinda. .

•• Used as a flux in making of iron & during steel making at Tata Steel, Jamshedpur, Used as a flux in making of iron & during steel making at Tata Steel, Jamshedpur, substituting Dolomite.substituting Dolomite.

•• Replacement of Dolomite by Replacement of Dolomite by PyroxenitePyroxenite (considered a gangue material) has resulted in (considered a gangue material) has resulted in substantial saving in cost of steel.substantial saving in cost of steel.

•• Not marketed outside Tata Steel due to restricted availability. Not marketed outside Tata Steel due to restricted availability. PyroxenitePyroxenite reserves expected reserves expected to last 1 to last 1 –– 2 years. 2 years.

•• Fully utilized at Tata Steel’s Jamshedpur worksFully utilized at Tata Steel’s Jamshedpur works

PyroxenitePyroxenite

MINERALS

Other Divisions:

FAMD

Long Long

Products &Products &

WiresWires

AgricoAgrico & &

Hand ToolsHand Tools

FERRO ALLOYS

TubesTubes

CHROME ALLOYSCHROME ALLOYS MANGANESE ALLOYSMANGANESE ALLOYS DOLOMITE / PYROXINITEDOLOMITE / PYROXINITECHROME CONCENTATECHROME CONCENTATE

FLUXES

FERRO ALLOYS & MINERALS FERRO ALLOYS & MINERALS DIVISIONDIVISION

Flat Flat

ProductsProducts

BearingsBearings

FeCrFeCr and and ChCChCrr FeMn and SiMnFeMn and SiMn

EngineeringEngineering

AutomationAutomation

FACILITIES

CHROM E CUSTOMERS

MANGANESE CUSTOMERSFLUX CUSTOMERS

GLOBAL GLOBAL REACHREACH

Some Major Customers……Some Major Customers……

Excellence Recognises ExcellenceExcellence Recognises Excellence

Limestone BizLimestone Biz

Sila Eastern Company Ltd. Thailand:Sila Eastern Company Ltd. Thailand:

A 49% joint venture to undertake development of A 49% joint venture to undertake development of limestonelimestone mines in Thailand mines in Thailand

nurtured at FAMD.nurtured at FAMD.

Company vision: to be the preferred global source for low silica limestone for Company vision: to be the preferred global source for low silica limestone for

metallurgical application metallurgical application

Guaranteed typical specs Guaranteed typical specs

CaO 54 % 55.0 % MgO 1.5 % max 0.5 % SiOCaO 54 % 55.0 % MgO 1.5 % max 0.5 % SiO22 0.5 % max 0.3 % 0.5 % max 0.3 %

AlAl22OO33 0.3 % max Fe 0.3 % max Fe 22 OO33 0.2 % max 0.2 % max

The company has grown to be a 1 Million MT limestone producer in 4 years. The company has grown to be a 1 Million MT limestone producer in 4 years.

Facilities & PlantsFacilities & PlantsMines Location Product Production

Chromite Mines Sukinda, Orissa Chrome Ore 1 Million MTPA

Manganese Mines Joda, Orissa Manganese Ore 0.33 Million MTPA

Dolomite Mines Gomardih, Orissa Dolomite 0.5 Million MTPA

Ferro Alloy Plants Facility Current Product Production

FAP Bamnipal, Orissa33.5 MVA closed

furnace Ferro Chrome 55,000 MTPA

FAP Joda, Orissa9MVA & 15MVA

semi-closed fceManganese Alloys 50,000 MTPA

FAP, Cuttack Orissa 2 * 16.5 MVA fce Ferro Chrome 50,000 MTPA

TSKZN, Richards Bay,

South Africa2 * 38 MVA fce Charge Chrome 150,000 MTPA

Additional production of Additional production of ferroferro alloys through Long Term alloys through Long Term

Conversion Arrangements of Conversion Arrangements of ~2 ~2 lakhlakh MTPAMTPA

Business ProfileProduction facilities in India and South Africa

Products : Minerals :

Chrome Concentrate

Alloys :

Charge Chrome

High Carbon Ferro Chrome

High Carbon Silico Manganese

High Carbon Ferro Manganese

Fluxes :

Dolomite and Pyroxinite

Global reach - strong presence in Japan, Korea, China and recent foray into US & Middle East market and re-entry into Europe.

Leadership position in India

Major Customers are Carbon Steel, Alloy Steel & Stainless Steel Manufacturers

Traditionally nurtures LT relationships & long term business agreements.

Only supplier of both FeCr & Ch Cr in World

FERRO ALLOY FACILITIES

Current Production Furnace Fce Type Capacity

1 FAP Bamnipal, Orissa, India HC Ferro Chrome, Low Phos 1 x 33.5 MVA Closed 60,000 MTPA

2 FAP Joda, Orissa, India HC Ferro Manganese, Low Si 9 MVA , 15 MVA Semi-closed 50,000 MTPA

3 FAP(Rawmet) Cuttack, Orissa, India Chrome and manganese alloys 2 x 16.5 MVA Semi-closed 50,000 MTPA

4 TSKZN, Richards Bay, South Africa Charge Chrome 2 x 38 MVA Semi-closed 151,000 MTPA

Facility & Location

FacilitiesFacilities

In addition facilities to convert approx 200,000 MTPA bulk ferro alloys under tollingIn addition facilities to convert approx 200,000 MTPA bulk ferro alloys under tolling

Products Products –– Manganese AlloysManganese Alloys

Special ProductsSpecial Products

Low Silica Ferro Manganese with Si content below 1.5% and below 1% can be made.Low Silica Ferro Manganese with Si content below 1.5% and below 1% can be made.

Low Phos Ferro Manganese with Phos levels below 0.25% and 0.20% can be madeLow Phos Ferro Manganese with Phos levels below 0.25% and 0.20% can be made

Support Facilities Support Facilities

Customised size and specifications and Delivery conditionsCustomised size and specifications and Delivery conditions

24x7 customer contact 24x7 customer contact

Packaging: In 50 kg JutePackaging: In 50 kg Jute--HDPE/ 1 MT Bags and loose in bulkHDPE/ 1 MT Bags and loose in bulk

Provision of sales ex Provision of sales ex –– Depots / Warehouses near you or exDepots / Warehouses near you or ex--plant plant

Multi Mode/ Multi Port despatches : land (road/truck, railMulti Mode/ Multi Port despatches : land (road/truck, rail--wagon/Concor rake) & sea wagon/Concor rake) & sea

Provision of certification by independent Public AnalystProvision of certification by independent Public Analyst

Products Products –– Chrome AlloysChrome Alloys

Special ProductsSpecial Products

Low Phosphorus HC Ferro Chrome with Phos content ranging from 0.018%max upwardsLow Phosphorus HC Ferro Chrome with Phos content ranging from 0.018%max upwards

Low Manganese Ferro Chrome with Mn levels below 0.35% Low Manganese Ferro Chrome with Mn levels below 0.35%

Low Titanium Ferro Chrome, with Ti levels below 0.20% for seamless tubes Low Titanium Ferro Chrome, with Ti levels below 0.20% for seamless tubes

Support Facilities Support Facilities

Customised size and specifications and Delivery conditionsCustomised size and specifications and Delivery conditions

24x7 customer contact 24x7 customer contact

Packaging: In 50 kg JutePackaging: In 50 kg Jute--HDPE/ 1 MT Bags and loose in bulkHDPE/ 1 MT Bags and loose in bulk

Provision of sales ex Provision of sales ex –– Depots / Warehouses near you or exDepots / Warehouses near you or ex--plant plant

Multi Mode/ Multi Port despatches : land (road/truck, railMulti Mode/ Multi Port despatches : land (road/truck, rail--wagon/Concor rake) and sea wagon/Concor rake) and sea

Provision of certification by independent Public AnalystProvision of certification by independent Public Analyst

Only Global Producer of both HC Ferro Chrome and Charge ChromeOnly Global Producer of both HC Ferro Chrome and Charge Chrome

Products Products –– Chrome ConcentrateChrome Concentrate

Special ProductsSpecial Products

Coarse Concentrate Coarse Concentrate

High Cr/Fe Concentrate with Cr/Fe upto 2.8 High Cr/Fe Concentrate with Cr/Fe upto 2.8

Support Facilities Support Facilities

Multi Mode/ Multi Port despatches : land (road/truck, railMulti Mode/ Multi Port despatches : land (road/truck, rail--wagon/Concor rake) & sea(bulk & wagon/Concor rake) & sea(bulk &

containerized through a choice of nearby ports) containerized through a choice of nearby ports)

24x7 customer contact 24x7 customer contact

Packaging: In bulk or 1 MT Bags Packaging: In bulk or 1 MT Bags

Customised size and specifications and Delivery conditionsCustomised size and specifications and Delivery conditions

Provision of certification by independent Public AnalystProvision of certification by independent Public Analyst

Products Products –– FluxesFluxes

Support Facilities Support Facilities

Customised size and specifications and Delivery conditionsCustomised size and specifications and Delivery conditions

24x7 customer contact 24x7 customer contact

Multi Mode despatches : land (road/truck, and railMulti Mode despatches : land (road/truck, and rail-- rake loading option) rake loading option)

Packaging: In bulk. Rake loading optionPackaging: In bulk. Rake loading option

Our Business Excellence JourneyAccolades Year on Year

TBEM

DEMMING

CAPXEIL SPECIAL EXPORT CAPXEIL SPECIAL EXPORT PROMOTION AWARD 2009PROMOTION AWARD 2009

THANK YOUTHANK YOU

for more information :for more information :

please visit us at please visit us at –– www.tatasteel.com/famdwww.tatasteel.com/famd

email email -- tatafamd@tatasteel.comtatafamd@tatasteel.com

INDINOX 2010 INDINOX 2010