Detailed Project Report on M.S. Billet Casting from Scrap and Sponge Iron using Induction Furnace

Detailed Project Report on M.S. Billet Casting from Scrap and Sponge Iron using Induction Furnace

M.S. BILLET CASTING FROM SCRAP AND SPONGE IRON USING INDUCTION FURNACE 

[EIRI/EDPR/1378] J.C.151INR, 152US$


INTRODUCTION

The Induction furnace based on mini steel plant is a versatile installation 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, and 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. In mini steel plant operating under Indian conditions small Billets are Cast for rolling into structural sections, Mild steel billets are manufacturing by different types of furnaces such as Blast Furnace, Electric Arc furnace, Induction Furnace, Basic oxygen furnace etc.

The available sizes of the steel billets are:-

100 x 100 mm2

110 x 110 mm2

130 x 130 mm2

160 x 160 mm2

200 x 200 mm2

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.


COST ESTIMATION

Plant Capacity            50 MT/Day

Land & Building (1500 sq.mt.)    US$ 3.82 Lac

Plant & Machinery                    US$ 1.18 Lac

Working Capital for 3 Months    US$ 20.55 Lac

Total Capital Investment          US$ 25.93 Lac

Rate of Return                          26%

Break Even Point                      45%


CONTENTS

INTRODUCTION

USES AND APPLICATION

B.I.S. SPECIFICATION

MARKET FORECASTING OF STEEL

INDIAN STEEL INDUSTRY

PRESENT SUPPLIER OF STEEL BILLETS

MANUFACTURING PROCESS OF STEEL BILLETS

PRINCIPLES OF STEEL MAKING

REACTIONS AT SLAG-METAL INTERFACE

IMPORTANCE OF DECARBURISATION REACTION

REFINING BY OXYGEN

PREHEATING OF CHARGE IN STEEL MAKING

DEOXIDATION OF STEEL

SCRAP PRE-HEATING

MELTING-REFINING OF SPONGE IRON

SPECIFICATION OF INDUCTION FURNACE

OPERATION OF INDUCTION FURNACE

PROCESS FLOW CHART

PLANT LAYOUT

SUPPLIERS OF RAW MATERIALS

SUPPLIERS OF PLANT AND MACHINERY

TABLE OF CASTING MACHINE PROPERTIES


APPENDIX – A:

01. PLANT ECONOMICS

02. LAND & BUILDING

03. PLANT AND MACHINERY

04. OTHER FIXED ASSESTS

05. FIXED CAPITAL

06. RAW MATERIAL

07. SALARY AND WAGES

08. UTILITIES AND OVERHEADS

09. TOTAL WORKING CAPITAL

10. TOTAL CAPITAL INVESTMENT

11. COST OF PRODUCTION

12. TURN OVER/ANNUM

13. BREAK EVEN POINT

14. RESOURCES FOR FINANCE

15. INSTALMENT PAYABLE IN 5 YEARS

16. DEPRECIATION CHART FOR 5 YEARS

17. PROFIT ANALYSIS FOR 5 YEARS

18. PROJECTED BALANCE SHEET FOR (5 YEARS)

Get Free Sample Project Report

Fill in your details to receive a sample industrial project report and explore how our consultancy can help you plan your business professionally.

By submitting this form, you agree to receive communication from our consultancy team regarding industrial project reports and business consultancy services.

Ready to Start Your Industrial Business?

Speak with our experts and get personalized guidance for your manufacturing business idea, project planning, machinery selection, and investment strategy.

Our consultancy team will connect with you to understand your business requirements and guide you on the next steps.