Ferro Chrome Alloy - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue
PROJECT DESCRIPTION
In the manufacture of steel, chromium is added usually in the form of ferro chrome. Pure chromium metal, produced by electrolytic or aluminothermic processes, is used for alloying nonferrous engineering materials. The most common materials are nickel-based and cobalt-based alloys, most of which are used at high temperature. Chromium powder, as well as Ferro chromium Powder, has been used in considerable quantities to produce chromium coatings. The so-called pack chrome coating is applied to cast and wrought steel parts by immersing the article in a mixture of chromium powder, an inert material, e.g. kaolin, alumina, or magnesia and mixtures of various salts. Such as ammonium, iodide or chloride. The gas chromium coating has been used to produce a so-called tin-free steel and to treat sheet steel on a continuous line. The demand for ferro alloys has been increasing with that of alloy and special steels. There are six leading players and over 30 small producers. The industry has tied up with companies in Europe for technology inputs. The major users of alloy steel are : auto industry, railways, forging, tubes, springs and other engineering industries. There is a bright scope. Any entrepreneur can venture to in this project.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| - |
2998 Lacs |
- |
0 |
4490 Lacs |
34.00 |
76.00 |