Google Search


Already a Member ?

Sponge Iron - 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, Plant Economics

Steel is produced through two process routes; the ore based Blast Furnace-LD Converter route or scrap or DRI based electric arc furnace route. The ore based process is adopted by large integrated iron and steel plants lassified as primary sector. Electric furnace route so far mainly using scrap as ferrous input material comes under secondary sector. The secondary steel sector, which produces steel through electric arc furnace and induction furnace, contributes 35 - 40% of total steel production of India. The input material for melting to electric furnaces, is mainly recycled scrap. Due to non-availability of scrap in the country, India is importing scrap. The sponge iron is a substitute for scrap in the electric arc furnace (upto 80%), which can be easily manufactured from indigenously available raw materials at very competitive price. 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 Reduced Iron (DRI), Hot briquetted Iron (HBI) or Metalized Iron. The term Hot Briquetted Iron (HBI) is generally used for gas based direct reduced iron made in briquette shape in hot condition just after it has been discharged from the shaft furnace. Direct Reduction (DR) is a metallurgical process of producing iron from iron oxide (in the form of lump ore or pellets) directly in the solid state, unlike going through the molten stage in blast furnace. The product DRI produced by this route has a honeycomb structure with minute pores, hence it is known as “Sponge Iron”.
Plant capacity: 50 MT/DayPlant & machinery: Rs 12 Corers
Working capital: -T.C.I: Rs 18 Crores
Return: 41.00%Break even: 45.00%
Email Us | Add to Inquiry Add to Inquiry Basket

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.


Hide »

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

^ Top