Detailed Project Report on m.s.ingots by induction melting furnace 120 mt/days

M.S. INGOTS
BY INDUCTION MELTING FURNACE 120 MT/DAYS
 [CODE NO.1902] J.C. 777


         Castings of suitable shape and size intended for subsequent hot working are termed as Ingots.

         Ingot iron has very low carbon  in  steel.  This is generally made in the open hearth in which all the other elements are removed to the maximum extent possible. Some of the commercial products falling under this group have less than  0.1% of all non-iron elements put together.

         Ingots are cast in ingot moulds which are the containers usually made of cast iron into which molten steel is poured  & allowed to solidify.

         Mild steel ingots are carbon steels only containing, usually,  0.15 to 0.25% of carbon.  These may be fully deoxidized to reduce the oxygen content of the steel to a minimum in order that  no  reaction takes places between carbon  &  oxygen  during solidification.  Such steels are called "Killed Steel".

         Most of the bars and structural’s are manufactured in standard sections/sizes. But, ingots/Billets/Bloomy etc. require mutual negotiations  between  the  producer & the buyer  for  factors  & rangs.   Generally  M.S.  ingots are produced  in  square  cross sections  of  sizes  50 mm to 125 mm in  1979.   There  were  145 licensed  Electric  Arc  Furnace  units  with  a  total  licensed capacity  of  3.32 million ingot tons running at  70%  capacity utilization.   These  units  collectively form the group of  mini steel Plants.  This concept takes advantage of local availability of  major  inputs like scrap & power and proximity  of  the  mini steel industry in India has been phenominal after 1970.  


COST ESTIMATION

Plant Capacity                                   120.00 MT./day
Land & Building (3 Acres)                Rs. 8.00  Cr  
Plant & Machinery                              Rs. 2.60  Cr     
W.C. for 2 Months                                Rs. 20.19 Cr
Total Capital Investment                    Rs. 31.31 Cr          
Rate of Return                                     33%  
Break Even Point                                 43%


USES & APPLICATIONS    
B.I.S. SPECIFICATIONS    
PROPERTIES    
MARKET POSITION    
PRESENT STATUS OF INDIAN STEEL INDUSTRY AND ITS PERFORMANCE
DURING THE 11TH FIVE YEAR PLAN (2007-12)    
Trends in Production and Consumption of Steel during 11th Plan (2007-12)    
Trend in prices of steel and raw materials during the 11th Plan    
MANUFACTURERS & SUPPLLIERS OF M.S. INGOTS    
MANUFACTURING PROCESS    
FOW PROCESS DIAGRAM    
PROCESS FLOW DIAGRAM FOR THE MANUFACTURE    
OF INGOTS BY INDUCTION FURNACE    
PLANT LAYOUT    
SUPPLIERS OF RAW MATERIALS    
SUPPLIERS OF PLANT AND EQUIPMENTS    

APPENDIX – A :

 1.      COST OF PLANT ECONOMICS      
 2.      LAND & BUILDING                                      
 3.      PLANT AND MACHINERY                                  
 4.      FIXED CAPITAL INVESTMENT                             
 5.      RAW MATERIAL                                         
 6.      SALARY AND WAGES                                     
 7.      UTILITIES AND OVERHEADS                              
 8.      TOTAL WORKING CAPITAL                                
 9.      COST OF PRODUCTION                                   
10.      PROFITABILITY ANALYSIS                               
11.      BREAK EVEN POINT                                     
12.      RESOURCES OF FINANCE                           
13.      INTEREST CHART                                       
14.      DEPRECIATION CHART                                   
15.      CASH FLOW STATEMENT                                   
16.      PROJECTED BALANCE SHEET