Code #3548
Industry Overview
Steel wire is a versatile metal product used extensively in manufacturing, construction, infrastructure, consumer goods, and everyday applications. General-purpose steel wire is commonly produced from mild steel in a range of diameters through repeated cold drawing. Depending on composition and properties, steel wires are used for applications such as binding, rail linking, nail manufacturing, springs, ropes, cables, concrete reinforcement, and instrumentation.
Steel wire may be manufactured as solid, stranded, or braided forms and can be produced in circular as well as specialized cross-sections for technical and decorative applications. High-carbon, low-carbon, and mild steel wires serve different performance requirements. The manufacturing process may include wire rod preparation, mechanical or chemical descaling, lubrication, drawing, heat treatment, pickling, hot-dip coating, finishing, and testing. The project report covers steel wire manufacturing technology, wire drawing processes and equipment, product specifications, applications, industry analysis, market considerations, plant layout, and suppliers of raw materials and equipment.
Cost Estimation
| Particulars | Value |
|---|---|
| Plant Capacity | 11.24MT/day |
| Land & Building ( 3000 Sq.Mtr) | Rs. 3.22 Cr |
| Plant & Machinery | Rs. 9.03 Cr |
| Working Capital for 2 Month | Rs. 3.50 Cr |
| Total Capital Investment | Rs. 17.38Cr |
| Rate of Return | 16% |
| Break Even Point | 66% |
Content Index
- INTRODUCTION
- (1) STEEL WIRE
- (2) HIGH CARBON STEEL WIRE
- NOMINAL CHEMICAL & PHYSICAL PROPERTIES
- (A) SPRING WIRE
- (B) ROPE WIRES
- (C) GALVANIZED STEEL WIRES
- (D) NEEDLE WIRES
- (E) CONVEYOR BELT WIRES
- (3) LOW-CARBON STEEL WIRE
- USES AND APPLICATION
- B.I.S. SPECIFICATION
- PROCESS FLOW CHART
- MANUFACTURING PROCESS
- WIRE DRAWING PROCESS OVERVIEW
- (1) WIRE ROD PREPARATION
- MECHANICAL DESCALING OF WIRE ROD
- CHEMICAL DESCALING (PICKLING) OF WIRE ROD
- APPLICATION OF SOAP (LUBRICANT) CARRIER
- (2) DRAWING
- DRY DRAWING OF WIRE
- WET DRAWING OF WIRE
- (3) HEAT TREATMENT OF WIRE
- BATCH ANNEALING OF LOW CARBON STEEL WIRE
- CONTINUOUS (IN-LINE) ANNEALING OF LOW CARBON STEEL WIRE
- CONTINUOUS (IN-LINE) ANNEALING OF STAINLESS STEEL WIRE
- PATENTING
- OIL HARDENING AND TEMPERING (OIL TEMPERING)
- STRESS-RELIEVING
- (4) IN-LINE PICKLING
- (5) HOT DIP COATING
- WIRE HOT DIP COATING
- CONTINUOUS PICKLING OF WIRE
- FLUXING
- HOT DIPPING (GALVANIZING)
- FINISHING
- TESTING
- NOMINAL SIZES
- TOLERANCE
- TENSILE STRENGTH
- PROOF STRESS
- TEST FOR PROOF STRESS
- REVERSE BBD TEST
- IDENTIFICATION AND MARKING
- TECHNOLOGY OF WIRE DRAWING
- WIRE AND ROD DRAWING PROCESS FOR STEEL
- DRAWING PROCESS
- DRAWING EQUIPMENT
- DRAW DIES
- FIG 3 TERMINOLOGY OF A TYPICAL DIE
- MECHANICS OF WIRE DRAWING
- DRAWING DEFECTS
- INDUSTRY ANALYSIS
- #1 COMPETITIVE FORCES MODEL (PORTER’S 5 FORCES)
- 2. THREAT OF POTENTIAL ENTRANTS
- 3. BARGAINING POWER OF SUPPLIERS
- 4. BARGAINING POWER OF BUYERS
- 5. THREAT OF SUBSTITUTE GOODS/SERVICES
- #2 BROAD FACTORS ANALYSIS (PEST ANALYSIS)
- 1. POLITICAL
- 2. ECONOMIC
- 3. SOCIAL
- 4. TECHNOLOGICAL
- IMMEDIATE SALES
- HIGH PROFIT CUSTOMER / RETAIL
- DIVERSIFY MARKET EXPOSURE
- HIGH PROFIT CUSTOMER / RETAIL
- TARGET 100% UTILIZATION OF INSTALLED CAPACITY AND MAINTAIN PROFITS
- MAINTAIN WORKING CAPITAL FLOW SMOOTHLY
- QUALITY & IN-TIME DELIVERY.
- 4. LIST OF DOMESTIC AND INTERNATIONAL DISTRIBUTION CHANNELS
- 5. POSITIONING OF THE COMPANY AND ITS PRODUCTS:-
- 6. MARKETING OPPORTUNITIES/MARKETING RISKS
- MARKETING RISK USUALLY COVERS WITH FOLLOWING POINTS AND ADDRESSED:-
- 7. STATUS AND TRENDS OF RELATIONSHIPS
- 8. PROSPECTS FOR FUTURE GROWTH AND DEVELOPMENT
- 9. PIPELINE ANALYSIS
- 10. PRINCIPAL AVENUES FOR GENERATING NEW BUSINESS.
- 11. SALES FORCE PRODUCTIVITY MODEL
- 12. COMPENSATION
- 13. SALES CYCLE
- 14. ABILITY TO IMPLEMENT MARKETING PLAN WITH CURRENT AND PROJECTED BUDGETS.
- 15. DESCRIPTION OF THE COMPETITIVE LANDSCAPE WITHIN EACH MARKET SEGMENT INCLUDING:
- PRICE - STRENGTH
- PRICE WEAKNESS
- SERVICE STRENGTH
- SERVICE WEAKNESS
- 16. DESCRIPTION OF EACH PRODUCT
- 1. MAJOR CUSTOMERS AND APPLICATIONS
- HIGH CARBON WIRES FOR CONTROL CABLES
- HIGH CARBON WIRES FOR WIRE STRAND AND WIRE ROPES.
- HIGH CARBON WIRES FOR TEXTILE
- 17. A) HISTORICAL AND PROJECTED GROWTH RATES
- B) MARKET SHARE
- C) SPEED AND NATURE OF TECHNOLOGICAL CHANGE
- D) TIMING OF NEW PRODUCTS, PRODUCT ENHANCEMENTS
- E) COST STRUCTURE AND PROFITABILITY.
- WIRE ROPE MARKET TREND
- INDIA STEEL WIRE ROPE MARKET SIZE AND OVERVIEW
- MARKET SEGMENTATION:
- BY DOMESTIC AND EXPORTS SALES
- BY INDUSTRY APPLICATION
- BY WIRE COATING
- BY ROPE COMPOSITION
- BY ORGANIZED AND UN-ORGANIZED PLAYERS
- BY TYPE OF LAY
- COMPETITIVE LANDSCAPE
- FUTURE OUTLOOK TO INDIA STEEL WIRE ROPE MARKET
- MARKET POSITION
- MARKET FACTS FOR WIRE INDIA 2018
- INDIAN ECONOMY OVERVIEW
- KEY FACTS
- MAIN PRODUCT GROUPS
- TARGET GROUPS
- THE OVERALL STEEL WIRE PRODUCTION SCENARIO IS AS FOLLOWS:
- WIRE MARKET RESEARCH REPORTS, ANALYSIS & TRENDS
- WIRE AND CABLE INDUSTRY CURRENT TRENDS
- MAJOR WIRE AND CABLE INDUSTRY PLAYERS
- PLANT LAYOUT
- MANUFACTURERS/SUPPLIERS OF STEEL WIRE
- SUPPLIERS OF RAW MATERIALS
- STEEL WIRE ROD
- ZINC
- LEAD
- PICKLING ACIDS
- PACKING MATERIALS
- PICKLING CHEMICALS
- SUPPLIERS OF PLANT AND EQUIPMENTS
- WIRE MAKING PLANT
- WIRE DRAWING MACHINE
- WIRE WINDING MACHINE
- PICKLING TANK
- WIRE STRAIGHTENING MACHINE
- ANNEALING FURNACE
- WIRE POINTING MACHINE
- EOT CRANE
- POWER TRANSFORMER
- ELECTRICAL PANEL
- ELECTRIC MOTOR
- COOLING TOWER
- EFFLUENT TREATMENT PLANT (ETP PLANT)
- AIR POLLUTION CONTROL EQUIPMENTS
- AIR CONDITIONING EQUIPMENTS
- AIR COMPRESSORS
- PLATFORM WEIGHING MACHINE
- MATERIAL HANDLING EQUIPMENTS
- FIRE FIGHTING EQUIPMENTS
- SHOT BLASTING MACHINE
- JIGS AND FIXTURE
- SUBMERSIBLE WATER PUMP
Appendix
- 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)
Frequently Asked Questions
Steel wire is used across manufacturing, construction, infrastructure, consumer goods, and general industrial applications. Depending on its grade and properties, it can be used for binding, nails, springs, ropes, cables, concrete reinforcement, instrumentation, conveyor belts, and other specialized products. The report covers low-carbon, high-carbon, and mild steel wires along with applications such as control cables, wire strands, wire ropes, and textile-related products.
Steel wire manufacturing generally involves preparing the wire rod, removing scale through mechanical descaling or pickling, applying a lubricant carrier, and drawing the material through dies to obtain the required dimensions. Depending on the product, heat treatment, in-line pickling, hot-dip coating, finishing, and testing may follow. The report specifically discusses dry and wet drawing, annealing, patenting, oil hardening and tempering, stress-relieving, galvanizing, and related processing stages.
Wire drawing is a metal-forming process in which steel wire rod is pulled through a die to reduce its cross-section and achieve the required dimensions and properties. Multiple drawing stages may be used depending on the product specification. The process requires suitable drawing equipment and dies, lubrication, and process control. The report also examines the mechanics of wire drawing, drawing equipment, die terminology, and common drawing defects.
The report covers low-carbon, high-carbon, and mild steel wires. It also discusses specific products and applications including spring wire, rope wires, galvanized steel wires, needle wires, conveyor belt wires, control-cable wires, wire-strand and wire-rope products, and textile-related high-carbon wires. Product properties, testing requirements, nominal sizes, tolerances, tensile strength, proof stress, identification, and marking are also included in the report's technical coverage.
Equipment requirements depend on the product range and manufacturing route. The report identifies wire making plants, wire drawing machines, wire winding machines, pickling tanks, wire straightening and pointing machines, annealing furnaces, EOT cranes, power transformers, electrical panels, motors, cooling towers, effluent treatment systems, air pollution control equipment, compressors, weighing machines, material handling equipment, fire-fighting equipment, shot blasting machines, jigs and fixtures, and submersible water pumps.
Important factors include competitive forces, supplier and buyer bargaining power, potential entrants, substitute products, political and economic conditions, social factors, and technological developments. The report also considers distribution channels, company and product positioning, marketing opportunities and risks, competitive strengths and weaknesses, customer applications, market segmentation, industry trends, and future growth prospects. These factors can help assess the commercial environment for a steel wire manufacturing project.
Steel wire production primarily requires suitable steel wire rod, while additional materials depend on the manufacturing and coating processes. The report identifies steel wire rod, zinc, lead, pickling acids, packing materials, and pickling chemicals among the relevant supply categories. The specific material requirements vary according to the type of wire, surface treatment, coating, and final application. Proper raw-material selection is important for achieving the required mechanical and surface characteristics.
Why Choose Us
- More than 45 years of experience
- Managed by expert industrial consultants
- ISO 9001-2015 Certified
- Registered under MSME, UAM No: DL01E0012000
How We Work
- 24/5 Research Support Get your queries resolved from an industry expert. Ask before you purchase.
- Custom Research Service Speak to our consultants to design an exclusive study for your needs.
- Quality Assurance All reports are prepared by qualified consultants & verified by experts.
- Information Security Your personal & confidential information is always safe and secure.
Detailed Project Report (DPR) includes Present Market Position and Expected Future Demand, Technology, Manufacturing Process, Investment Opportunity, Plant Economics and Project Financials. comprehensive analysis from industry covering detailed reporting and evaluates the position of the industry by providing insights to the SWOT analysis of the industry.
Each report include Plant Capacity, requirement of Land & Building, Plant & Machinery, Flow Sheet Diagram, Raw Materials detail with suppliers list, Total Capital Investment along with detailed calculation on Rate of Return, Break-Even Analysis and Profitability Analysis. The report also provides a birds eye view of the global industry with details on projected market size and then progresses to evaluate the industry in detail.
We can prepare detailed project report on any industry as per your requirement.
We can also modify the project capacity and project cost as per your requirement. If you are planning to start a business, contact us today.
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Key highlights
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge over major competitors
- An array of graphics, BEP analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth with an impact-analysis
- A clear understanding of the competitive landscape and key product segments
- Ask for FREE project related details with our consultant/industry expert.
- Share your specific research requirements for customized project report.
- Request for due diligence and consumer centric studies.
- Still haven't found what you're looking for? Speak to our Custom Research Team.
EIRI Board is a single destination for all the industry, company and country reports. We feature a large repository of latest industry reports, leading and niche company profiles, and market statistics prepared by highly qualified consultants and verified by a panel of experts.
Note: We can also prepare project report on any subject based on your requirement and country. If you need, we can modify the project capacity and project cost based on your requirement.
Our reports provide an expansive market analysis of the sector by covering areas like growth drivers, trends prevailing in the industry as well as comprehensive SWOT analysis of the sector.
Our Clients
- Our research reports comprehensively cover Indian markets (can be modified as per your country), present investigation, standpoint and gauge for a time of five years*.
- The market conjectures are produced on the premise of optional research and are cross-accepted through associations with the business players.
- We use dependable wellsprings of data and databases, and data from such sources is handled by us and incorporated into the report.
- Our project reports include detailed analysis that helps get the industry's Present Market Position and Expected Future Demand.
- Offer real analysis driving variables for the business and the most recent business sector patterns in the industry.
- This report comprehends the present status of the business by clarifying a complete SWOT examination and investigation of the interest-supply circumstance.
- Report gives analysis and in-depth financial comparison of real players/competitors.
- The report gives estimates of key parameters which forecast business execution.
