Balasore Alloys Competitors and Similar CompaniesClear all

Balasore Alloys's competitors and similar companies include Afarak Group, Ascent Industries and US Magnesium.

	Balasore Alloys Balasore Alloys Limited (BAL, formerly known as Ispat Alloys) is a company that manufactures and supplies carbon ferrochrome.	Afarak Group Afarak Group (formerly Ruukki Group) is a producer of chrome mining and minerals.	Ascent Industries Ascent Industries (formerly known as Synalloy) is a company that manufactures stainless tubing and chemical products.	US Magnesium US Magnesium is a company that produces and refines metals and chemicals.
Founding Date	Founding Date 1984	Founding Date 1985	Founding Date 1967	Founding Date 1969
Type	Type Public	Type Public	Type Public	Type Private
Tags	Tags Manufacturing & Industrial chemicals metal products	Tags Manufacturing & Industrial metal products mining	Tags Manufacturing & Industrial chemicals metal products	Tags Manufacturing & Industrial chemicals metal products
Locations	Locations Balasore, IN HQ Kolkata, IN Mumbai, IN	Locations Helsinki, FI HQ Floriana, MT Centurion, ZA	Locations Schaumburg, US HQ Bristol, US Chicago, US Cleveland, US Danville, US Fountain Inn, US Troutman, US	Locations Salt Lake City, US HQ Dugway Wendover, US
Employees	Employees 6694% increase	Employees 602	Employees 45112% decrease	Employees 1691% decrease
Valuation ($)	Valuation ($) N/A	Valuation ($) 78.9 m	Valuation ($) 95 m	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) ₹9.7b (FY, 2025)	Revenue (est.) €141.3m (FY, 2025)	Revenue (est.) $74.9m (FY, 2025)	Revenue (est.) N/A
Cost of goods	Cost of goods ₹4.2b (FY, 2025)	Cost of goods €111.6m (FY, 2025)	Cost of goods $57.7m (FY, 2025)	Cost of goods N/A
Gross profit	Gross profit ₹5.8b (FY, 2025)	Gross profit €36.1m (FY, 2025)	Gross profit $17.2m (FY, 2025)	Gross profit N/A
Net income	Net income ₹539.1m (FY, 2025)	Net income (€8.9m) (FY, 2025)	Net income $867k (FY, 2025)	Net income N/A