STEEL ROLLING MILL (BY INDUCTION FURNACE) FROM STEEL SCRAP AND 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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Mild Steel ingots are used for mechanical engineering  works viz;  manufacturing  machines and their parts. This  is  done  by further reduction of ingots to billets, blooms, bars & rods  etc. by  hot  rolling  process  or  by  reducing  to  slab,  plate   & sheets/strips by hot rolling technique. These are the  commercial forms  of  steel  s  mill products which  are  directly  used  in engineering  industries. A variety of additional operations  like cold  rolling,  machining,  heat  treatments  &  fabrication  are carried on the final mill products inorder to make them  suitable far use. However, ingot is the first form of steel for  producing other  shape, by rolling, forging or extrusion  processes.  Steel wire steel wool and fails is yet another group of steel form  for use in various industries.

Steel  re-rolling  in narrow widths of  strips  is  becoming increasingly  popular. This is become of the fact that (i)  these industries  can  be  started  in  india  with  reasonably   small investments (even less then one crore rupees) (ii) straps of  re-reliable  quality are available in abundance and at cheep  prices and  (iii)  finally of greatest importance that such  hot  rolled steel  strips  of  narrow  width find  a  very  wide  &  suitable applications  in hundreds of ways. Re-rolled strips are the  main raw  materials for most of the cold rolling mills in  India.  The Strips  supplied  in coils from Re-rolling units are  loosened  s recalled with one layer not tightly in contact with the  adjacent layers.  Such  loose  coils are pickled as  required  inorder  to removes  thick  s thin scale & other inclusions  in  the  surface insides  imparting  clear,  clean & smooth  surface  finish  etc. suitable  for  cold  rolling and under plain  set  of  rolls  are reduced  to  the required section thicknesses  according  to  the needs of various subsequent users.

Project Report covers:

Introduction
Uses and Applications
Properties
Market Survey with future aspects
Present Manufacturers
B.I.S. Specifications
Manufacturing Process with Formulae
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

350 Ton/Day having 15 Ton Induction Furnace

Land and Building (50,000 Sq. Mtr)

Rs. 5470 Lacs

Plant and Machinery

Rs. 577 Lacs

Working Capital (2 Month)

Rs. 5888 Lacs

Total Capital Investment

Rs. 12,000 Lacs

Rate of Return (%)

49%

Break Even Point

43%