Described herein is a method of producing an alloy. The method includes pouring a stream of molten mixture of component elements of the alloy, separating the stream into discrete pieces, solidifying the discrete pieces by cooling before the discrete pieces contact any liquid or solid. Also described herein is another method of producing an alloy. This method includes pouring and solidifying a stream of molten mixture of component elements of the alloy into a rod or pulling a rod from a molten mixture of component elements of the alloy, before the rod contacts any liquid or solid, separating the rod into discrete pieces. An apparatus suitable for carrying out the methods above can include a container from which the molten stream is poured or the solid rod extends, one or more coil, conductive plates, a laser source, or an electron beam source arranged around the molten stream or the solid rod and configured to separate the molten stream or the solid rod into discrete pieces.