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The Iligan Steel Mill was established in 1952 as a government-initiated project of the National Shipyards and Steel Corporation (NASSCO). [2]After NASSCO applied for a $62.3 million loan from the United States-based Eximbank to fund projects, the latter suggested a transfer of the facilities' management to the private entity.
Ferroalloy refers to various alloys of iron with a high proportion of one or more other elements such as manganese (Mn), aluminium (Al), or silicon (Si). [1] They are used in the production of steels and alloys.
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The history of ferrous metallurgy in the Indian subcontinent began in the 2nd millennium BC. Archaeological sites in the Gangetic plains have yielded iron implements dated between 1800 and 1200 BC. [24] By the early 13th century BC, iron smelting was practiced on a large scale in India. [24]
Ferroaluminum (FeAl) is a ferroalloy, consisting of iron and aluminium.The metal usually consists of 40% to 60% aluminium. Applications of ferroaluminum include the deoxidation of steel, [1] hardfacing applications, reducing agent, thermite reactions, AlNiCo magnets, and alloying additions to welding wires and fluxes. [2]
The alloy is produced by heating a mixture of molybdenum(VI) oxide MoO 3, aluminium, and iron. [2] The oxide and the aluminium combine via an aluminothermic reaction to give molybdenum in situ.
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In 1998, the Ukrainian Association of Ferroalloy Manufacturers (UkrFA) was established, which included the plant. [5] In September 2005, the plant began production of ferrosilicoaluminum (composed of 15–20% aluminum and 50–70% silicon), which was mastered on the furnace No. 1, which previously produced ferrosilicon.