Vision, Mission & Values

http://www.balasorealloys.com/

Vision : 

To be a globally trusted supplier of Ferro-alloys as well as to create sustained value addition for all stake holders.

Mission : 

Managing our business with integrity and highest ethical standard. Acting in a socially responsible manner with particular emphasis on the wellbeing of all stake holders and communities we serve. Adopting new technologies, initiatives, continuous learning and innovation for productive use of all resources.

Values : 

Accountability - We hold ourselves, individually and together accountable for our actions and performance.

Collaboration - We believe in the value of team work and spirit of cooperative effort.

Customer Focus - Our top most priority is to achieve customer satisfaction through the quality of our product and services.

Partnership - We maintain mutually beneficial relationship with channel partners, suppliers and associates through fair compensation

Cost Consciousness - We relentlessly search for opportunities for cost reduction through innovation and creativity.

Integrity - Our actions are guided by honesty, fairness and transparency.

Dignity of Individual - We respect the value and uniqueness of each individual with whom we deal.

About Us

Balasore Alloy's, formerly Ispat Alloys Limited is part of the renowned Ispat group of Companies, a major business house in the country, promoted by the Mittals. The groups companies are spread across several countries besides India.

Balasore Alloys was incorporated in the year 1984 at Balasore, Orissa and at present it has 5 furnaces with total capacity of 57 MVA to produce 95,000 MT bulk Ferro Alloys per annum. With multiple furnaces of different capacities, the company has the flexibility to produce different types of Ferro Alloys as per market dynamics. This adds to the competitive advantage of the organization as different product mix can be maintained at the same time even with low quantity. The company has captive mines in different locations like Chromite ore mines in Sukinda Valley at Jajpur Road (Orissa).The mines take care of the Chrome ore requirement of the company. BAL is one of the very few Ferro Alloys manufacturing companies in the country having captive mines and this is a major competitive advantage since availability of Chrome ore is very uncertain and the price is also exorbitant. Other raw materials are sourced from both Domestic and International Markets. The products of the company enjoy international reputation.

The company has ISO-9002, ISO-14001 Certification for its Plant and ISO-9002 for its Mines in Jajpur, Orissa. Various modern management initiatives like Six Sigma, TPM, Supply Chain Management and Performance Management Systems are in place to promote excellence in all areas and improve the overall efficiency of the company.