Billet casting with induction furnace from steel scrap & Sponge iron

The project report includes Present Market Position and Expected Future Demand, Market Size, Statistics, Trends, SWOT Analysis and Forecasts. Report provides a comprehensive analysis from industry covering detailed reporting and evaluates the position of the industry by providing insights to the SWOT analysis of the industry.

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The induction furnace based on mini steel plant is a versatile Installations where provisions are available for producing a Range of steel products by alloying and casting into various Shape. The products of steel plants are in the form of ingots, Billets, sheets etc. These induction furnace based steel casting Units are suitable for small scale industries and medium scale Industries and yet have the capability to complete in the Internal as well as international market at all counts. Billets Are the basic products of steel from which different types of Steel products are made such as sheets, angles, channels, rods, Etc. Mild steel billets are the basic raw material for Manufacturing various types of re-rolled products. Mild steel Billets are used for mechanical engineering works such as Manufacturing machines and their parts. Steel billets are used For production of plate, sheets, strips, rod etc. By hot rolling And cold rolling process. It is the commercial forms of steels Mill products which are directly used in the engineering Industries. A variety additional operations like cold rolling, Machining, heat treatments and fabrications are carried out on Final mill products in order to make them suitable for use. However, is the steel billets is the first form of steel for Producing other shapes by rolling, forging or extrusion process.

Project Report covers:

  • Introduction
  • Uses and Applications
  • Properties
  • Market Survey with future aspects
  • Present Manufacturers
  • B.I.S. Specifications
  • Manufacturing Process with Formulae
  • Plant Layout
  • Cost Economics with Profitability Analysis
  • Capacity
  • Land & Building Requirements with Rates
  • List & Details of Plant and Machinery with their Costs
  • Raw Materials
  • Details/List and Costs
  • Power & Water Requirements
  • Labour/Staff Requirements
  • Utilities and Overheads
  • Total Capital Investment
  • Turnover
  • Cost of Production
  • Break Even Point
  • Profitability
  • Land Man Ratio
  • Suppliers of Plant & Machineries and Raw Materials.

Additional information

Plant capacity

174 mt./day

Land & building

(area 2500 sq.mt.) Rs. 2.72 cr.

Plant & machinery

Rs. 1.38 cr.

W.c. for 2 months

Rs. 26.94 cr.

Total capital investment

Rs. 31.38 cr.

Rate of return

66%

Break even point

31%