Detailed Project Report on Steel Plant (Billets) Based On Induction Furnace

Detailed Project Report on Steel Plant (Billets) Based On Induction Furnace

STEEL PLANT (BILLETS) BASED ON INDUCTION FURNACE

[EIRI/DPR/7044] (J.C.4112,7568)


INTRODUCTION

Steel is the most widely used materials in a large variety of applications both simple & sophisticated. Steel is one of the most recyclable materials available 40% of steel produced in the world is from recycling techniques.

Demand for steel has increased three folds in last 15 years, in India. To retain India's competitiveness in steel making, it is significant that we upgrade our technology & clear the back log of maintenance. The steel market is characterised by reduced cost & stringent quality considerations. The main process improvements include near net shape casting, controlled rolling & the thermomechanical pocessing that minimise traditional heat treatments.

Higher & faster cooling rates during solidification and rapid melting, refining & casting have lead to adoption of high and ultra high frequency electric furnaces equipped with efficient water cooling arrangments operating at higher temperatures. The analylical and testing instruments are mostly in-built with these top class furnaces and instantaneous results can be obtained when needed. The water spray cooling of continuous casting moulds coupled with tundish make casting and solidification quite fast. This reduces the non-productive time and maintenance-cost both. High, medium & low frequency electric furnaces are indispensable for all mini & microsteel plants of private sector.


COST ESTIMATION

Plant Capacity            833.34 MT/Day

Land & Building (30 Acres)    Rs. 21.50 Cr

Plant & Machinery                    Rs. 9.25 Cr

Working Capital for 3 Months    Rs. 199.69 Cr

Total Capital Investment          Rs. 232.42 Cr

Rate of Return                          43%

Break Even Point                      33%


CONTENTS                                                     

INTRODUCTION                                      

USES & APPLICATIONS                               

MARKET SURVEY                                     

B.I.S. SPECIFICATION                              

RAW MATERIALS                                     

PROCESS OF MANUFACTURE (STEEL PLANT (BILLETS) BASED ON INDUCTION FURNACE TECHNOLOGY WITH A LRF AND CASTER)                                 

PROCESS FLOW DIAGRAM FOR THE MANUFACTURE OF STEEL BILLETS                                     

PLANT LAY OUT                                     

ADDRESSES OF PLANT & MACHINERY SUPPLIERS          

ADDRESSES OF RAW MATERIAL SUPPLIERS               

OVER-SEAS SUPPLIERS OF PLANT & MACHINERY          


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)

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