Rituraj Kumar (Institute of Management And Global Education
PRESENTATION ON“AN OVERVIEW OF FLUORSPAR IN DOMESTIC AS WELL AS GLOBAL MARKET” AT ADV METAL COMBINE PVT. LTD. By- Rituraj Kumar
OBJECTIVE OF THE STUDY To know the production of FLUORSPAR in India as well as other countries. To know the uses of FLUORSPAR in different- related industries. To know the Industrial grades of FLUORSPAR. To know the IMPORTS & EXPORTS of FLUORSPAR in India. To know the companies who are involved in this industry. To know the major producers in the world. To know the existence of INDIA to this industry. To know the major reserves of FLUORSPAR in the world.
COMPANY PROFILEBusiness Type Exporter , Manufacturer , Importer , SupplierPrimary Competitive Advantages Quality range of products Modern infrastructure Dedicated team of employees Transparent dealingsYear of Establishment 1998Monthly Production Capacity As per clients requirementsMemberships FICCI ASSOCHAM ITPOWebsite www.advindia.comStandard Certification ISO 9001:2008Corporate office ADV METAL COMBINE PVT. LTD. 101, Jyoti Shikhar, Distt. Center, Janakpuri, - 110058, Phone:91-11-45588410/25613335 Fax:91-11-25613437
FLUORSPAR calcium fluoride, CaF2.(51.3% Ca and 48.7% F) colorless mineral "the most colorful mineral in the world". occurs throughout the world, and is a very common mineral
INDUSTRY USE Alloy steel Aluminium Cement Chemicals Electrode Ferro-alloys Foundry Glass Iron & steel
USERS OF FLUORSPAR IN INDIA Steel Authority Of India Limited M/s. Hariyana Steel & Alloys Ltd., Murthal M/S. Bhushan Ltd., Chandigarh M/s. Ambica Steel, Sahibabad M/s. Starwire India Ltd., Ballabhgarh
PRODUCERS OF FLUORSPAR IN INDIA Gujarat Mineral Development Corp (GMDC) Rajasthan State Mines and Minerals Ltd (RSMML) Maharashtra State Mining Corporation (MSMC) ADV Metals Combine Pvt. Ltd.
SUPPLIERS OF FLUORSPAR IN INDIA ADV Metal Combine Pvt. Ltd. Delhi. Seraphic International,Gujarat Metco Distributors, Ghaziabad (U.P.) Shree Ganesh Metalloy Pvt. Ltd. Haryana. Navin fluorine international ltd,Maharashtra
RESERVES OF FLUORSPAR IN INDIA AMBA DUNGAR-GUJARAT MANDO-KI-PAL-RAJSTHAN CHOWKRI-CHHAPOLI-RAJSTHAN CHANDIDONGRI-CHHATTISSGARH WARORA-MAHARASTRA
Industrial Grades Metallurgical grade (“metspar”) fluorite (60–85% CaF2), Ceramic grade fluorite (85–95% CaF2) Acid grade (“acidspar”) (97% or more CaF2) Fluorspar for the chemical and aluminium industries - wet cake powder, acid grade fluorspar CaF2 97%, SiO2 1% max, CaCO3, Fluorspar for the steel industry - lumps, small to average size, typically CaF2 75% to 90%, typically lumps but also powder... Fluorspar for the welding industry - dry powder, typically CaF2 95% to 98.5% Fluorspar for the cement industry, manufacture of grey and white cement - lumps, powder typically CaF2 50% to 97%
MINING GMDC (Gujarat Mineral Development Corporation) MSMC (Maharashtra State Mining Corporation) RSMML (Rajasthan State Mines And Minerals Corporation)
Import (value in Rs.lacs) S.No. Commodity 2010-2011 %Share 2011-2012 %Share %Growth 1 FLUORSPAR CNTNG BY WT 97 2,415.20 0.0014 3,770.90 0.0016 56.13 PRCNT OR LESS OF CALCIUM FLUORIDE Indias Total Import 168,346,695.57 234,546,324.45 39.32 2 FLUORSPAR CNTNG BY WT 20,866.22 0.0124 42,546.59 0.0181 103.9 MORE THAN 97 PERCENT OF CALCIUM FLUORIDE Indias Total Import 168,346,695.57 234,546,324.45 39.32Export S.No. Commodity 2010-2011 %Share 2011-2012 %Share %Growth 1 FLUORSPAR CNTNG BY WT 97 26.36 0 59.67 0 126.38 PRCNT OR LESS OF CALCIUM FLUORIDE Indias Total Export 114,292,192.18 146,595,939.96 28.26 2 FLUORSPAR CNTNG BY WT 10.41 0 49.69 0 377.42 MORE THAN 97 PERCENT OF CALCIUM FLUORIDE Indias Total Export 114,292,192.18 146,595,939.96 28.26
RESEARCH METHODOLOGY During the research, I followed the Descriptive research for my analysis.
DATA COLLECTION During the research, I dealt with secondary data which was available on the internet, Company Profile’s of related industries, Magazines, Books, and Company Representatives through telephonic interaction.
World CaF2 Production in (000 Other Countries 860 tonnes) 16%Mongolia 450 8% Mexico China China Mexico 1,000 3,000 Mongolia 19% 57% Other Countries
Fluorspar (calcium fluoride )F, 48.70% Ca, 51.30% Ca F
Market Demand in % Metspar for Miscellaneous, 1.5 Metspar forIron/steel, 30.8 Acidspar for Fluorochemicals, 50.3 Acidspar for Fluorochemicals Acidspar for Aluminium Acidspar for Metspar for Iron/steel Aluminium, 17.4 Metspar for Miscellaneous
Total-20.16 mts Resources in India in % Chhattisgarh Maharashtra 3% 2% Rajasthan 26% Gujarat Rajasthan Gujarat Chhattisgarh 69% Maharashtra
Domestic consumption (72,000 tonnes) Indias Dependency (%) Order or Self sufficiency 19% Dependency Order or Self sufficiency 81% Dependency
FINDINGS Fluorspar is very basic raw material which is used in different related industries. Industry demand is consecutively increasing. Prices in the market are very fluctuating. People who are associated to this industry are mostly dependent on imports. China is the big market and for India it is cheaper. Freight plays a very important role for this industry. Major importers & manufacturers are not taking interest to invest in fluorspar business.
SUGGESTIONS Now the prices has been gone down so importers & manufacturers can go ahead to this business. South Africa, Mexico, Mongolia have also good resources of Fluorspar, so industry players can go to this market also. Government should give subsidies to find new reserves in India. Demand is increasing year after year, so that it is a big opportunity.
CONCLUSION Market demand is increasing. Prices are now less and not very fluctuating as compared to last two years. New market apart from China such as Mexico, Mongolia, South Africa, they also have big resources. So company can go to these markets also.