RECYCLING PLANT OF METAL
[CODE NO.4225]
The metal recycling industry is growing rapidly. In fact, projections show that the metal recycling market will grow from 630.0 million tons to 890.7 million tons by 2025. In other words, there’s no question that there’s a growing demand for metal recycling for various reasons. One possible reason is the ever-growing demand for urbanization and manufacturing. Another possibility is that individuals and businesses in recent years have taken eco-friendly operations seriously, and rightfully so.
The process of manufacturing metal from raw materials is not only labor-intensive, but it also puts unnecessary strain on the environment. Manufacturing new metal not only requires a large amount of energy use but also produces large amounts of greenhouse gases. Because of the adverse environmental impact and the substantial cost of producing new metal, more companies seek recycled metal
Metal recycling is simply the process of taking waste metal, processing it and creating new metal material. This recycled metal can be used to make metal products which can then be recycled once used or not needed. There are many advantages to recycling metal, including environmental benefits as well as energy savings
Metal recycling is the process of separating, cleaning, and melting ferrous and non-ferrous scrap to be used again as a raw material for new products. Metal is a material that can be recycled over and over again without degradation of its properties. Besides the ecological benefit of metal recycling, there is also an economic benefit. Scrap metals have a monetary value, and there is always demand high quality sorted scrap metals for recycling.
For optimal scrap metal recycling, scrap metal must be source-separated at your warehouse or workshop. With the right scrap metal tools, you can collect, sort, and clean all of your scrap metal.
Your local scrap metal dealer can collect your separated streams of scrap metal. We recommend using a scale to weigh your scrap metal beforehand. Also, inform authoritative resources for the current scrap metal prices, since scrap metal prices are constantly changing.
Metal recyclers will sort and process the scrap metal further and remove any impurities. After this process, heavy and bulky scrap metals are shredded with a scrap metal shredder or compacted with an alligator or scrap shear into smaller chunks. These chunks are then melted in large furnaces for each type of metal. The melting process requires much energy, but the energy required to mine virgin metals is lots higher. So, therefore, metal recycling is more energy efficient.
After the melting process, the metals are purified to free the product of impurities. This benefits the quality of the metal. The metal is then cooled and solidified in metal bars, ready for transportation as raw material.
Difference between ferrous and non-ferrous metals
All types of metal can be recycled. But to recycle the scrap metal, it is required to sort the ferrous metals from the non-ferrous metals at your facility. But what is the main difference between ferrous and non-ferrous metals? The main difference is that ferrous metal is magnetic and non-ferrous metals are nonmagnetic, so basically, you can identify ferrous from non-ferrous metals by using a magnet.
Ferrous and non-ferrous metals
COST ESTIMATION
Plant Capacity 120 MT/Day
Land & Building (10,000 sq.mt.) Rs. 12.64 Cr
Plant & Machinery Rs. 5.17 Cr
Working Capital for 2 Months Rs. 22.16 Cr
Total Capital Investment Rs. 40.94 Cr
Rate of Return 20%
Break Even Point 66%
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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