Ferro Alloys are essential ingredients that are added in steel production for deoxidation, grain size control and also enabling finished steel to have certain properties which are specific to the type and grade. Ferro alloys also play a role in improving and enhancing the mechanical properties of the steel. The main factors which decide on the kind of Ferro alloys demanded are the process of steel making and the product quality which is sought to be achieved. It is interesting to note that although Ferro alloys consist of less than one percent of the total raw materials required for steel making, it plays a crucial part and hence demands great attention.