STEEL ROLLING MILL (BY INDUCTION FURNACE) FROM STEEL SCRAP AND SPONGE IRON (EIRI-1041)
The products of steel plants are in the form of structural shapes such as I-sections, channels, angles, plates, rails, sheets, axles and wheels for railways, merchant products lime rounds, hexagons, squares, strips etc. Galvanized sheets, tin-plates, wire-rods and so on. Rails, wheels and axles are specifically meant for railways which are a large consumer of steel. These are specifically used directly as supplied by steel plant. However, the remaining products of a steel plant, by and large, are processed further in engineering industries before their actual use. These products are therefore often called as ‘Semis’ meaning thereby that they are semi-finished steel products only.
Cost Estimation (All Fig. in Thousand)
Plant Capacity 350 MT./Day
Land & Building (Area 50000 Sq.Mt.) Rs. 5,47,000 Th.
Plant & Machinery Rs. 57,730 Th.
W.C. for 2 Months Rs. 5,88,833 Th.
Total Capital Investment Rs. 12,00,563 Th.
Rate of Return 49%
Break Even Point 42%
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• Note: The project investment cost and capacity are subject to change without any notice. Future projects may have different values of project cost and capacity.
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