Detailed Project Report on steel melting shop to produce billet using ship breaking scrap

STEEL MELTING SHOP TO PRODUCE BILLET   USING SHIP BREAKING SCRAP        
   [CODE NO.9227]   
                    

     The concept of steel melting is a major offshoot of  redical
changes recently occurring in the secondry steel sector.

     The  Introduction of electric arc furnace for  steel  making
from sponge iron led further to smaller plants to make steel from
metal scrap.


     The  finished products are steel billets/Ingots. Steels  are
mainly  divided into two large groups (a) Plane carbon steel  (b)
Alloy  steel including stainless steel. Various grade  of  carbon
steel  have different percentage of carbon content  depending  on
the purpose for which there are used.

Carbon Steels are three types

1. Non Sulphurized

2. Re-sulphurized

3. Re-phosphorized and Re-sulphurized

     Aloy steel are also classified as (a) High strength and  low
alloy  steel (b) Alloy Tools steel (c) Stainless steel  (d)  Heat
Resistance steel.

     All  the  steel used must first be melted  and  afterwards
cast. By far the greater quantity is cast into moulds to  product
billets  which  are subsequently fashioned by  hot  working  into
various products Billets may vary in weight and size. The details
of its technique employed in casting of different size.


     The  size  and  shape of  Billets/Ingots  depends  upon  the
product  to be made and the types of equipment available for  hot
working.

     Liquid  steel  readily dissolves oxygen up to  a  solubility
limit.  The addition of ferro alloys to the liquid  steel  reduce

the  oxygen content.


Each ‘EIRI’ MARKET OVERVIEW CUM DETAILED TECHNO ECONOMIC FEASIBILITY REPORT (Complete Report) tentatively covers
•    Introduction
•    Properties
•    BIS (Bureau of Indian Standard) Specifications & Requirements
•    Uses & Applications
•    Present Indian Market Position (Not Survey)
•    Export & Import Statistics Data
•    Names and Addresses of Existing Units (Present Manufactures)
•    List of Plant & Machineries
•    Miscellaneous Items and Accessories
•    Instruments, Laboratory Equipments and Accessories
•    Electrification, Electric Load and Water
•    Maintenance, Suppliers/Manufacturers of Plant and Machineries
•    Process of Manufacture with formulae if applicable
•    Flow Sheet Diagram
•    List of Raw Materials
•    Availability of Raw Materials
•    Requirement of Staff & Labour
•    Personnel Management
•    Skilled & Unskilled Labour
•    Requirement of Land Area
•    Built up Area
•    Plant Layout
Along with financial details as under:
•    Summary of Capital Cost of Project
•    Land & Side Development Exp.
•    Buildings
•    Plant & Machineries
•    Misc. Fixed Assets
•    Technical Know how Fees & Exp.
•    Preliminary Expenses
•    Pre-operative Expenses
•    Provision for Contingencies
•    Cost of Project and Means of Finance
•    Assessment of Working Capital requirements
•    Sources of Finance
•    Break-Even Analysis and profitability analysis.
•    Quantitative Details-Output/Sales/Stocks
•    Raw Material Cost    
•    Other Raw Material Cost
•    Packing Material Cost
•    Consumables, Store etc.,
•    Employees Expenses
•    Fuel Expenses
•    Power/Electricity Expenses
•    Repairs & Maintenance Exp.
•    Administration Expenses
•    Selling Expenses
•    Assumptions for Profitability workings
•    Assessment of Working Capital

Below mentioned financial statements (Annexure) will be  for 5 to 10 Years

•    Annexure:: Cash Flow Chart
•    Annexure:: Balance Sheets
•    Annexure:: Sales Realisation
•    Annexure:: Other Mfg. Expenses
•    Annexure:: Depreciation Charges - Profitability
•    Annexure:: Depreciation Charges
•    Annexure:: Interest and Repayment - Term Loans
•    Annexure:: Tax on Profit