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Ferroalloy, has shot up by $50/ton

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NSE:SARDAEN   SARDA ENERGY & MIN
Sarda Energy & Minerals (SEML) was established in 1979 when the Sarda Group took over Raipur Alloys and Steel Limited (RASL).It is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India. Headquartered in Raipur, Chhattisgarh, the company merged with Chhattisgarh Electricity Company Limited (CECL) in 2007 with a vision to becoming a leading energy and minerals company.

Over the last three decades the company has continuously diversified its product portfolio to include many customized value added products. The company firmly believes in benchmark product quality, customer centric approach, people focus, ethical business practices and good corporate citizenship. Building on these values, SEML has become the supplier of choice for many domestic and international customers across more than 60 countries.

SEML differentiates itself from its peers by not being just another steel company. It foresaw the importance and emergence of energy and minerals as two critical ingredients for developing economies and particularly for India. Synergy in Energy became the basis of all its future endeavors.

SEML is one of the very few companies to become completely self-sufficient in terms of its energy requirements and is well on its way to achieve self sufficiency in other mineral resources. The company has acquired iron ore, coal and manganese mines in India and is aggressively looking for mineral resources across the globe.

SEML is listed on the Bombay Stock exchange and is traded as SARDAEN.

Product range of the company includes:

Sponge Iron (DRI)
Ingots
Billets
TMT Bars
Ferro Alloys
Eco-Bricks
Mining
Power
Group Companies:

Sarda Energy & Minerals Hong Kong Limited (SEMHL) SEMHL was incorporated as a wholly owned subsidiary of SEML in Hong Kong during 2007-08. The primary focus of the company would be to establish a strong international trading arm. China being a major manufacturing hub and an important destination of international trade, a representative office has also been set up in Beijing.
Sarda Global Venture Pte Limited Another wholly owned subsidiary of SEML was established in Singapore during 2007-08 for business related acquisitions. The company will actively seek mineral resources acquisitions internationally.
Parvatiya Power Private Limited Parvatiya Power was incorporated for implementation of hydro power plants. Presently, 4.8 MW Loharkhet Hydro Power Project has been installed and commissioned in February 2008. The Project is located near village Munar of Bageshwar district in the state of Uttaranchal. It is a run-of-the-river scheme for power generation by exploiting potential of Sarju River, a tributary of Kali Ganga River.
Chhattisgarh Hydro Power Private Limited The company was established in the year 2005 for setting up a 24 MW Gullu Hydro Power Plant in the state of Chhattisgarh. It has also identified other potential sites in the state and is planning to develop the same. The Company is currently involved in land acquisition, obtaining statutory clearances and identifying contractors for civil and hydro mechanical works.
Madhya Bharat Power Corporation Limited The Company was incorporated for implementation of 96 MW Rongni Chu hydro power project in Sikkim. The project envisages utilizing the flow of the Rongni Chu, a tributary to the Teesta River for the generation of power in the run of the river scheme. The Company is currently in the process of identifying contractors for civil and hydro mechanical work of the project. The work of land acquisition and all project clearances are in full swing.
Raipur Infrastructure Company Ltd. The JV Company was incorporated for operating a private railway siding for unloading the raw materials being transported through the railways, the stake in the company is 33 percent.
Madanpur South Coal Company Ltd. The JV Company has been allotted a coal block in the Madanpur area of Chhattisgarh in consortium. The company is in the final stages of receiving of various clearances and permissions to commence its operations. SEML has 24.91 percent share in the joint venture.
Chhattisgarh Investments Ltd. Chhattisgarh Investments Ltd. was incorporated two decades ago as a closely held public limited company. The Company has interests in investments, socio-forestry and horticulture, with over 800 acres agricultural estate at Kharora, about 40 Kms. from Raipur. About one million trees of various species such as Teak, Hybrid Eucalyptus, Sobabul, Khamar, Bamboo etc have been planted.
Chhattisgarh Bricks Private Ltd. The company has been formed to manufacture fly-ash bricks utilizing fly-ash generated from the company's captive power plant. The company is yet to commence business activity.

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