sponge iron plant investment cost break up

SK Steeltech is setting up a Rs. 120 crores Sponge iron Plant …

SK Steeltech is setting up a Rs. 120 crores Sponge iron Plant in Koppal Mysuru Infra Hub Economy ... M/s S.K. Steeltech Private Limited is constructing a "Sponge Iron Plant of 200 TPD (100×2) and a Captive Power Plant (Waste heat recovery boilers-WHRB) of 5 MW", with an investment of Rs. 120 crore. The facility will employ about …

Setting Up Mini Steel Plant (billets And Tmt Bar)

Setting Up Mini Steel Plant (billets And Tmt Bar) An integrated steel mill, which creates and refines iron and steel, is scaled down to create a micro steel factory. Due to its lower investment costs and flexibility, the micro steel plant, a novel idea in the steel industry, has gained appeal recently.

Green steel: design and cost analysis of hydrogen …

When using H2 only for iron ore reduction, economic viability is reached at an H2 procurement cost of $1.70 per kg, while achieving a CO2 emission reduction of 76% at the plant site.

Sponge Iron Including Power Plant

Detailed Project Reports & Profiles on Sponge Iron Including Power Plant - Manufacturing Plant, Detailed Project Report, Profile, ... Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout: Sponge iron is the iron manufactured by refining iron ore. Iron ore is refined by burning off its wastes ...

Direct Reduced Iron and its Production Processes – …

DRI has a porous structure. This is because DRI is produced by removing O2 from iron ore. It is also known as sponge iron since its structure is just like sponge with a network of connecting pores. These pores results in a large internal surface area which is around 10,000 times greater than the internal surface area of solid iron.

Sponge Iron

Sponge Iron is the iron ore reduced in solid state by a direct reduction process using natural gas or non-cooking coal as reductant. The sponge iron is also known as Direct …

Sponge Iron Manufacturer India

Sponge Iron also called Direct reduced iron (DRI), is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) to iron by a reducing gas or elemental carbon produced from natural gas or coal. …

Sponge iron: Uses, process formula, iron plant, and more

In the DRI plant, sponge iron is produced by using the solid reductant iron ore with carbonate materials such as coil. After, the reduction is carried out in a rotary kiln in which it is rotated at specific speed at the temperature of 800° to 1500° C. A process helps ensure that the raw material is moving from the feed end to the discharge end.

How much investment needed to start a steel plant? (2024)

How much does it cost to set up a steel plant in India? The first phase of 1.5 MPTA itself would require investments of Rs 10,000 crore . The plant is designed in such a way that we can use the low-grade iron-ore from Goa to make a world class steel at competitive prices."

AMIT METALIKS

Our plant is set-up in the 3rd largest agglomeration and industrial hub of the East - Durgapur, our steel manufacturing plant has a potential to produce 74,400 MT of MS billets - under expansion to 1,50,000 MTPA and 1,50,000 TPA of TMT bars. ... To elaborate the process - sponge iron is produced by direct reduction. Upon which it is further ...

BSIL

Bihar Sponge Iron Limited (BSIL) is the first merchant sponge iron plant in India. The plant is located at Umesh Nagar, Chandil, in district Saraikela Kharsawan, 30 kms from Jamshedpur, Jharkhand. ... The project cost was $ 90 M at that time and was partly funded by IFC Washington. The plant started commercial production in July 1989.

Airan Steel & Power Private Limited

project cost is less than Rs 100 Crores). Existing 2 x 2.04 TPH (29,400 TPA) Induction Furnaces has obtained CTE from CECB vide ... dt. 30th July 2018 for 1 x 100 TPD Sponge Iron plant & 2 x 2.04 TPH Induction Furnaces ... taken up in the existing plant premises only. Estimated Capital Investment for the proposed

Sponge Iron

DRI, also known as sponge iron, is the product of reducing iron oxide in the form of iron ore and steel plant wastes into metallic iron, below the melting point of iron and typically in the range of 800–1200 °C. Iron oxide is charged into shaft furnace, rotary kiln, or fluidized beds in the form of pellet, iron ore lumps, or fines. The reduction takes place using …

Welcome to Rexon Strips Limited

In the year 1995, the then Hon'ble Chief Minister of Orissa, Late Shri.Biju Patnaik encouraged us whole heartedly with active support by Shri.Pyari Mohan Mohapatra, IAS, to set-up this risk-taking venture Sponge Iron Plant in Orissa. Accordingly with their benevolent and honest co-operation from the Govt.'s level, it has come up in a remote …

Sponge Iron Plant

Detailed Project Reports & Profiles on Sponge Iron Plant - 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 Sign In; Register; Shopping Cart; Projects ... Break …

Sponge Iron

The plant commissioned by Tata Sponge was initially designed to facilitate a production capacity of 90,000 TPA, which was enhanced to 1,20,000 TPA during 1990-91. Later, to cater to the growing demand of quality sponge iron, Tata Sponge increased its capacity by adding a second kiln of equivalent capacity in 1998-99.

Sponge Iron Manufacturing Plant Project Report 2024

Sponge Iron Manufacturing Plant Project Report 2024 Edition: Industry Trends, Capital Investment, Price Trends, Manufacturing Process, Raw Materials Requirement, …

Sponge Iron Project Report 2023: Manufacturing Process, Plant Cost …

How to Set up a Sponge Iron Manufacturing Plant: IMARC Group's report titled "Sponge Iron Manufacturing Plant Project Report 2023: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a sponge iron manufacturing plant. The report …

Direct Reduced Iron

These standards are (i) ISO 4701:2019 Iron ores and direct reduced iron – Determination of size distribution by sieving, ISO 9686:2006 Direct reduced iron – Determination of carbon and/or sulphur – High frequency combustion method with infrared measurement, (iii) ISO 10835:2007 Direct reduced iron and hot briquetted iron – …

ORISSA SPONGE IRON AND STEEL LTD.

About us Commited to High Quality Service . Orissa Sponge iron & Steel Limited (OSISL), is a first joint Sector Company in the state of Odisha which was incorporated in 1979 and promoted by Industrial Promotion & Investment Corpn. of Orissa Ltd. (IPICOL) of the State Goverment of Orissa and Torsteel Research Foundation in india (TRFI), duly headed by …

Development of energy conservations scenarios for sponge iron …

Cost components for 1 tonne production of sponge iron. Cost of sponge iron production varies with different inputs such as iron ore, coal, dolomite, fuel, maintenance, depreciation, power, etc. Costs of these inputs, taken directly from the plant, for 1 tonne production of sponge iron are drawn in Fig. 4, which shows that a significant ...

BR Sponge & Power LTD

Further, to en-cash the sponge iron & steel boom in 2004, the group set up another plant in the name of M/s. B. R. Sponge & Power Limited, At- Bad Tumkela, Rajamunda, Dist. Sundergarh (Odisha). Presently, the plant has 2 x 100TPD Sponge Iron Kilns, Captive 100TPH Iron Ore Crusher, online Crusher to feed the sized iron ore to the Sponge Iron ...

Sponge Iron Manufacturing Plant Project Report 2024: Raw …

IMARC Group's report titled " Sponge Iron Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment …

Sponge Iron Manufacturing Plant Project Report 2024: …

With its unique characteristics, sponge iron serves as a valuable raw material, contributing significantly to the global steel industry's sustainability and cost-effectiveness, thus …

WHAT IS SPONGE IRON AND HOW IS IT MADE?

Sponge iron, also called direct reduced iron (DRI), is made from directly changing iron ore (in any form whatsoever) to iron by a cutback gas or carbon, produced from natural gas or coal. ... In fact, we were the first player in the State to pioneer and successfully set up the first coal-based DRI plant in Raniganj, West Bengal in 1999.

About us – SHAH SPONGE AND POWER LTD.

The company has set up 2X100 TPD Sponge iron Plant, 25 cubic Meter Blast furnace, and 8 MW power plant at a project cost of Rs.180 crores and working capital of Rs.50 crores. During financial year 2010-11 the company added 100x1 DRI Sponge Iron Plant at a project cost of Rs.12 crores.

Table 5 Production cost of sponge iron Input parameters Unit cost …

The cost analysis of the sponge iron is presented in Table 5, which shows that production cost of 1t of sponge iron is Rs 11600/-. The selling prices for different sizes of sponge iron are ...

Sponge Iron Project Report 2023: Manufacturing Process, …

IMARC Group's report titled " Sponge Iron Manufacturing Plant Project Report 2023: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment …

Janki Corp Limited | JCL Ltd. | Steel Division

The JCL sponge iron manufacturing plant located in Karnataka is the nucleus of our wholly integrated steel plant focussed on high quality steel production. ... in harnessing resources and energy efficiently and optimally has translated into using the waste gases produced in our sponge iron processing to set up a 15 MW power plant focusing on ...