Facor Alloys Limited

Facor Alloys Limited sounds like a materials company tied to ferroalloys, the kind of business that feeds steel and metal making rather than serving ordinary shoppers. By our assessment, that industrial focus is its strength: these firms matter because they supply a basic input, not because they are flashy. The downside is that this kind of company is hard to judge from the outside, since product mix, plant quality and customer base all matter more than the name suggests. In practice, it is the sort of business where contracts, freight and commodity cycles decide most of the story. Facor Alloys Limited sits closer to heavy industry than to a consumer brand, and that usually means patience, not excitement.