Rohit Ferro Tech Ltd is planning forward integration into stainless steel manufacturing. The company is contemplating a big investment plan for stainless steel and the capacity could be as high as 500,000tpa however, the investments being planned are still not clear. Mr Pramod Jain CFO of Rohit Ferro said that it is focused on expansion of ferrochrome capacity from 180,000tpa to 230,000tpa. It plans to expand the capacity of its Orissa plant by 50,000tns from 110,000tpa now. The capacity addition will be complete by 2010. Rohit Ferro has also diversified into manufacturing of ferromanganese. It has converted one of the furnaces used for ferrochrome at its West Bengal plant in January 2008 and is currently manufacturing manganese at the rate of over 35,000tpa. Rohit Ferro currently manufactures about 180,000tns of ferrochrome from its two plants in West Bengal and Orissa. It currently exports ferrochrome to overseas markets too, especially to auto firms in Europe and China.
