PIG IRON
[CODE: EIRI/DFR/5903] J.C.: 5903XL
INTRODUCTION
The production of iron and steel comprises approximate 95% of all to usage of metal produced in the world. On the average, iron and steels are the least expensive of the world's metals. In some applications iron and steel are supreme while in other areas they get competition from other metals and non-metals.
Iron making is an ancient art extending back to 1200 B.C.
The principal raw material for all ferrous products is pig iron which is produced through blast furnace. Smelting of iron are with coke and lime stone, gives pig iron. The final analysis of pig iron depends primarily on the kind of ore used.
a. Hematite (Fe2O3), or red ore, contains 70% iron.
b. Magnetite (Fe3O4) is black ore having 72.4% iron.
c. Siderite (FeCO3), brown ore, has 48.3% iron and
d. Limonite [Fe2O3 X (H2O)], brown ore, 60-65% iron.
COST ESTIMATION
Plant Capacity 3334 MT/Day
Land & Building (12 Acres) Rs. 3.81 Cr
Plant & Machinery Rs. 21.00 Cr
Working Capital for 12 Months Rs. 1626.01 Cr
Total Capital Investment Rs. 1654.82 Cr
Rate of Return 162%
Break Even Point 13%
CONTENTS
INTRODUCTION
CLASSIFICATION OF PIG IRON
USES AND APPLICATIONS
PROPERTIES
RAW MATERIALS
BIS SPECIFICATIONS
IRON ORE QUALITY
COKE QUALITY
MARKET SURVEY
MANUFACTURING PROCESS
SUPPLIERS OF RAW MATERIALS
PLANT AND MACHINERY SUPPLIERS
PLANT ECONOMICS
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)