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The steel industry in India has been moving from strength to strength. India has emerged as the fourth largest producer of steel in the world and the second largest producer of crude steel. Steel production reached 28.52 million tonne (MT). India’s steel industry has some advantages i.e. sufficient availability of raw materials, particularly quality iron-ore, a rich skill base and an expanding market.
Long products constitute almost half of the annual steel production, which stands at 53 million tonnes presently. Industry estimates show that the construction sector alone consumes close to 45 per cent of the total long products output. Stainless steel accounts for only 3 per cent of the country’s total steel production and about 70 per cent finds application in kitchenware and the rest in industries. The demand for flat steel products will be strong, with rising production of automobiles as automobile sales have risen an annual 15%. Steel along with iron has a weight of 3.64 per cent in the wholesale price index. The present index of basic metal and alloy recorded an 8.55% growth rate. Production of bars and rods recorded 19.67% growth rate and steel wires recorded 11.11% growth rate.India’s steel production is likely to surpass the domestic requirement by 2011-2012, easing pressure on price of the alloy. Other allied steel products are HR coils, CR coils, and HDG coil.etc. End users sector like auto, consumer durables, construction and electricity have all shown steady growth in recent years and Indian steel import figure further provides evidence of strong domestic demand.
Major players in the steel sectors are Steel Authority of India (SAIL), RINL, TataSteel, JSW Steel, Essar Steel and Bhushan Steel, Jindal Saw, JSL, Usha Martin, Uttam Galva, PSL, Ajmera Realty, etc.
India’s steel industry is the happening place in 2010 with global gins in the field showing keen interest in setting shop in India. India is poised to take a big leap in steel capacity creation. By 2015-16, it may become world’s second largest steel producer. The National Steel Policy has a target for taking steel production up to 110 MT by 2019–20. Nonetheless, with the current rate of ongoing greenfield and brownfield projects, the Ministry of Steel has projected India's steel capacity is expected to touch 124.06 MT by 2011–12. In fact, based on the status of memoranda of understanding (MoUs) signed by the private producers with the various state governments, India's steel capacity is likely to be 293 MT by 2020.
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Sponge iron is the product created when iron ore is reduced to metallic iron, usually with some kind of carbon (charcoal, etc), at temperatures below...
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Capacity : 135000 MT / Annum |
Plant and Machinery cost: 7175 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 42.00 |
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Break Even Point (BEP): 25.00 |
TCI : Cost of Project : 8923 Lakhs |
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Cost of Project : 0 |
Manufacturing of steel tubes & pipes a Mechanical Engineering is mostly produced in large scale. ERW steel tubes are chiefly used in bicycles, transf...
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Capacity : 3600 MT / Annum |
Plant and Machinery cost: 115 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 43.00 |
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Break Even Point (BEP): 57.00 |
TCI : Cost of Project : 234 Lakhs |
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Cost of Project : 0 |
There are various processes by which metal can be shaped such as forging, extrusions, pressing, welding, rolling and costing. Among the various proce...
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Capacity : 18000 MT / Annum |
Plant and Machinery cost: 173 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 45.00 |
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Break Even Point (BEP): 64.00 |
TCI : Cost of Project : 499 Lakhs |
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Cost of Project : 0 |
Iron ore pellets are used in blast furnaces for producing sponge iron & steels. Marked by high productivity lower fuel consumption and improved furnac...
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Capacity : 6000 MT / Annum |
Plant and Machinery cost: 187 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 44.00 |
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Break Even Point (BEP): 46.00 |
TCI : Cost of Project : 479 Lakhs |
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Cost of Project : 0 |
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 general...
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Capacity : 60,000 MT / Annum |
Plant and Machinery cost: 4012 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 43.00 |
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Break Even Point (BEP): 30.00 |
TCI : 6454 Lakhs |
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Cost of Project : 0 |
The importance of iron & steel among other materials is well known for industrialization and national economy. Metal fabrication is the group of enti...
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Capacity : 2 MT/day |
Plant and Machinery cost: 25 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 47.00 |
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Break Even Point (BEP): 40.00 |
TCI : 131 Lakhs (W/c. 2 month) |
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Cost of Project : 0 |
Piping may represent as much as 25 percent of the cost of a chemical-process plant. The installed cost of piping systems varies widely with the materi...
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Capacity : 1500 MT / Annum Tubes, 600 MT/Annum Fittings |
Plant and Machinery cost: 554 Lakhs |
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Working Capital : |
Rate of Return (ROR): 45.00 |
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Break Even Point (BEP): 48.00 |
TCI : Cost of Project : 752 Lakhs |
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Cost of Project : 0 |
A lifting hook comprising a suspension part fitted with a suspension shaft, which supports a hook part provided with a slot. A safety latch is pivotal...
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Capacity : 5 MT/day |
Plant and Machinery cost: Rs. 57 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 48.00 |
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Break Even Point (BEP): 33.00 |
TCI : Rs. 352 lakhs |
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Cost of Project : 0 |
Steel is considered to be the strongest material in that price. Day to day life and growth of industry and infrastructure in any country totally depen...
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Capacity : 5000 MT/Day |
Plant and Machinery cost: Rs. 156 lakhs |
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Working Capital : - |
Rate of Return (ROR): 52.00 |
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Break Even Point (BEP): 21.00 |
TCI : Rs. 2396 lakhs |
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Cost of Project : 0 |
The production of G.I. Wire from H.B. wire is not complicated. In case of H.B. wire drawing from H.B. bars, certain mechanical process is used. An imp...
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Capacity : 8.00 MT./day |
Plant and Machinery cost: Rs. 70 lakhs |
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Working Capital : - |
Rate of Return (ROR): 46.00 |
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Break Even Point (BEP): 32.00 |
TCI : Rs. 419 lakhs |
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Cost of Project : 0 |
Ferro Alloys are the principal alloying agents in iron and steel production. Addition of ferro alloys improves mechanical and physical properties of i...
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Capacity : 5 MT/Day |
Plant and Machinery cost: Rs. 2 crores |
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Working Capital : - |
Rate of Return (ROR): 50.00 |
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Break Even Point (BEP): 41.00 |
TCI : Rs. 5 crores |
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Cost of Project : 0 |
Bolts in various dimensions and head-shapes are available. Bolts can be supplied unfinished, semi-finished and fully finished conditions. U-bolts are...
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Capacity : 5.00 MT./day |
Plant and Machinery cost: Rs. 152 lakhs |
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Working Capital : - |
Rate of Return (ROR): 38.00 |
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Break Even Point (BEP): 48.00 |
TCI : Rs. 436 lakhs |
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Cost of Project : 0 |
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