Ferroalloy refers to the wide range of alloys of iron which contains high proportion of one or more elements. The various elements apart from iron include silicon, aluminum, nickel or manganese. The main ferroalloy includes ferroaluminum, ferroboron, ferronickel and ferrosilicon among others. Ferronickel is an alloy which is obtained by combining nickel and iron.

1. Ferronickel Market - Global Industry Expert Opinions
Analysis, Emerging Opportunities, Market Size, Share,
Growth Drivers, Market Trends, Statistics And Forecast
2015 - 2020
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2. Report Description
Ferroalloy refers to the wide range of alloys of iron which contains high proportion of one or
more elements. The various elements apart from iron include silicon, aluminum, nickel or
manganese. The main ferroalloy includes ferroaluminum, ferroboron, ferronickel and
ferrosilicon among others. Ferronickel is an alloy which is obtained by combining nickel and
iron. Ferronickel comprising of 1.5 to 8% of nickel is usually produced using the blast
furnaces and this grade or quality of ferronickel is also known as nickel pig iron. The
conventional ferronickel grades mainly contain about 20% or more of nickel content.
The growing demand for stainless steel from various end-use industries is expected to boost
the overall growth of the ferronickel market. Ferronickel is also used in manufacturing the
nickel alloy steel. Ferronickel is primarily used in manufacturing austenitic stainless steel.
Ferronickel are non-magnetic and have enhanced non-corrosive properties as it contains
about 8.5 to 25% of nickel. Austenitic stainless steel accounts for 70-75% of the global
stainless steel output.
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3. Scope
The growing demand for the austenitic stainless steel is expected to further boost the overall
growth of the ferronickel market. Ferronickel finds various applications in the wide range of
end-use industries such as construction, transportation, electrical and electronics, metal goods
and tabular products. Thus, with the growing population, changing lifestyle and growing
economies is expected to boost the overall growth of the construction industry which in turn
is expected to augment the global demand for the ferronickel market.
Europe is one of the major manufacturers of the ferronickel owing to the presence of some of
the largest manufacturing companies in this region. Asia Pacific is growing as the leading
manufacturer of ferronickel in the world. Japan and China are the key exporter of ferronickel in
the world. The growing construction, electrical and electronic industry in China is expected to
boost the demand for stainless steel which in turn is further expected to augment the overall
demand for ferronickel.

4. Key Players
The companies mainly focus on assuring constant supply of the raw material from the
suppliers which helps in achieving uninterrupted manufacturing process. LARCO Industries,
Mechel, Cunico Resources NV, ENRC, Felman Trading Inc. and Lalwani Ferroalloys are some
of the key participants of the ferronickel market.
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6. Key Players
The economic conditions of Brazil, Russia and South Africa are on similar track and hence
the demand for calcium hydroxide is also projected to be high in these countries. Some of
the major companies operating in the global calcium hydroxide market are Jost Chemical
Company, Airedale Chemical, GFS Chemicals Inc. CAO Industries, and Innovo Chemicals Ltd.
among others.
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