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ferroalloy

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ferroalloy

Alloy of iron (less than 50%) and one or more other metals, important as a source of various metallic elements in the production of alloy steels. The principal ferroalloys are ferromanganese, ferrochromium, ferromolybdenum, ferrotitanium, ferrovanadium, ferrosilicon, ferroboron, and ferrophosphorus. They usually have lower melting ranges than do the pure elements and can be incorporated more readily in the molten steel. Ferroalloys are prepared from charges of the nonferrous metal ore, iron or iron ore, coke or coal, and flux by treatment at high temperature in submerged-arc electric furnaces.


ferroalloy [¦fe·rō′al‚ȯi]
(metallurgy)
Any alloy containing iron, usually in major amount. Also known as ferrous alloy.


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Steel mills that make bar stock (so called bar mills), for example, can utilize selected tool and die scraps as a replacement for some of the expensive virgin ferroalloys that they use now.
Ninety percent of Eurasian Natural Resources production comes from Kazakhstan's iron ore, ferroalloy and alumina assets, which the partners allegedly obtained access to via favorable ties to Kazakhstan's long-serving president, Nursultan Nazarbayev.
In PLR 6412105700A, the IRS held that a CFC engaging the services of an iron ore converter would not earn FBCSI on the sale of that converted iron ore even though the iron ore was purchased from related parties and was converted into ferroalloy outside of the country of incorporation of the CFC.
 
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