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. OTHER ADVANTAGES |
- Better cost control
Better-cost control can definitely be
achieved as the cost of the input material
become less sensitive to fluctuations
in scrap price. Scrap is a by-product
and its price depends on market conditions
whereas sponge iron is a product and its
price depends primarily on the cost of
raw materials, which are less variable.
- More uniform size
More uniform size of the sponge iron compared
to scrap leads itself to mechanical handling
and continuous charging, which in turn
improves the productivity.
- Vigorous boil of the bath
The unreduced iron oxides present in the
sponge iron reacts with the carbon present
in the bath and greatly improves bath
heat transfer & slag metal mixing,
resulting in acceleration of the metallurgical
reactions relative to normal scrap melting.
This also improves the homogeneity of
the bath and further results in lower
nitrogen and hydrogen contents in the
steel made. This is a definite advantage
in the case of manufacture of quality
steels.
The major usage of sponge iron is in the
production of steel through Induction
Furnace/Electric Arc Furnace (IF /EAF)
and accordingly the demand of sponge iron
is closely related to the growth of secondary
steel sector.
The steel demand in India is expected
to have a steady growth in future and
as a scrap substitute, the sponge iron
requirement will also grow.
In this context, it needs to be mentioned
that Indian sponge iron producers have
been exporting substantial quantity of
sponge iron in the international market.
If the export trend continues, indigenous
availability of sponge iron is likely
to be reduced substantially in future,
thereby resulting in even larger metallic
shortfall. With regard to probabilities
of increased scrap imports, the same would
depend on its availability and relative
price structure. As already indicated
earlier, availability of good quality
scrap is steadily decreasing. Moreover,
even under current market conditions,
landed price of scrap at end-user sites
in India continues to be more expensive
than landed price of sponge iron. Possible
reasons for this could include high freight
rates, inland transportation rates and
high third party commissions charged by
scrap traders. With regard to the creation
of additional sponge iron capacity, it
should be mentioned that prospects of
installation of new gas-based DR plants
are very remote keeping in view the natural
gas allocation policy followed by the
Government. Accordingly any new sponge
iron capacities to be created would necessarily
have to be based on coal based route.
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| . Sponge Iron plants manufacturer
and its details: |
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| . For Execution of a complete
project following services are included: |
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- Feasibility Study and
Project Reports
- Detailed engineering of Project
and Equipments
- Equipment Designs and Production
Drawings
- Complete Integration
- In House Application Engineering
- Expansion/ Modernization for
increasing the Capacity
- Erection and Commissioning
- Personnel Training
- Successful Running
- Supervision
- Equipment Servicing
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also manufacturing
Equipments |
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Plants |
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