sponge iron prices News and Updates from The Economic
Sep 28, 2020 Sponge iron firms pay 80 more on coal for long term 30 Jun, 2018, 10.58 AM IST Some 450,000 tonnes of coal of various grades were offered to sponge iron manufacturers in the first three days of the auction, which were fully booked within minutes of the offer.
Sponge Iron Plant Entrepreneur India
The sponge iron is also known as Direct Reduced Iron, Hot Briquettes Iron or metalized Iron. With the domestic steel industry picking up during the past year and prices moving up in leaps and bounds, India has emerged as the worlds largest producer of sponge iron or direct reduced iron, accounting for around 16 per cent of the global output.
iron ore mining operating cost in india
iron ore mining operating cost in india. Sep , our iron ore mines are located within kms of koira, in the bonai subdivision of sundargarh district, in the state of odisha, india the railway sidings nearby are barbil, barsuan and banspani the nearest ports are paradeep, gopalpur and visakhapatnam
Tata Sponge Iron Limited
power. Operating margins increased to 22.8 in FY2018 from 11.1 in FY2017 on account of an uptrend in sponge iron realisations. However, the operating margin contracted to 18.9 in H1 FY2019 due to a rise in input costs, notwithstanding an increase in sponge iron realisations.
capital and operating cost of sponge iron india
Tata Sponge Iron . ensure the avaiility of low cost power Operating margins increased to 228 in FY2018 from 111 in FY2017 on account of an uptrend in sponge iron realisations However, the operating margin contracted to 163 in 9M FY2019 due to a rise in input costs, notwithstanding an increase in sponge iron realisations. Get Price
INDIA Angry Villagers Bear Pollution Costs of Sponge Iron
It is a low-capital, high-profit industry with short gestation. Since the mid-2000s, small and medium sized production factories have mushroomed in Indias coal and iron-rich central eastern belt. Orissa, Chhattisgarh, Jharkhand and West Bengal states have emerged as the hub of sponge iron industries.
PDF Operation of CoalBased Sponge Iron Rotary Kiln to
Data-1 includes temperatures profiles and air inlet at positions, AT-1 to AT-3 and MF-1 and MF-2, inside the kiln whereas, flow rates of iron ore, feed coal, slinger coal and sponge iron is ...
ENERGY INTEGRATION IN SPONGE IRON PLANT
Sponge iron is produced primarily both by using non coking coal and natural gas as reductant and therefore classified as coal based and natural gas process respectively. Presently, there are 118 large and small sponge iron plants in India- 115 of them are coal based while only 3 are natural gas based. The advantages of sponge iron are
SPONGE IRON PLANT FEASIBILITY STUDY IN
inflows from the sale of operating costs and capital costs. Some investment projects generate cash flow turns negative into a positive and in line with the start of production Radev, 2003. Net cash flow is different from the calculation of profit and loss, three things that distinguish the two is the cost of depreciation, cost of
Direct Reduced Iron Industry in India Problems and
India is the largest producer of coal based sponge iron. To-day many of the plants are operating with raw materials of inferior grade and the sponge iron produced by many plants are of inferior quality mainly with regard to gangue content and to some extent metallisation. Such coal based sponge iron is
Sponge iron industry needs quick actions for survival
Oct 25, 2013 For the last few years sponge iron production in India is continuously declining. It is a matter of great satisfaction that India is the largest sponge iron producer in the world for the last 10 consecutive years. India contributes about 30 of global sponge iron production.
Industry Overview Sponge Iron Industry Goodreturns
Even in sponge iron route, it is more economical to put up coal-based sponge iron units and not gas-based units. India has an estimated of 200 sponge - iron units, of which more than 100 are coal ...
Tata Sponge Iron Limited
ensure the availability of low cost power. Operating margins increased to 22.8 in FY2018 from 11.1 in FY2017 on account of an uptrend in sponge iron realisations. However, the operating margin contracted to 16.3 in 9M FY2019 due to a rise in input costs, notwithstanding an increase in sponge iron realisations.
PDF i Direct Reduced Iron Production
In book Encyclopedia of Iron, Steel, and Their Alloys pp.pp 1082-1108 Chapter i Direct Reduced Iron Production Publisher CRC Press, Taylor and Francis Group, New York.
Production of Direct Reduced Iron in Rotary Hearth Furnace
Sep 23, 2011 This furnace has a capacity of 500,000 tons of sponge iron a year and is the largest such furnace in the world.5 br At present India is the largest producer of sponge iron at 17 million tonesannum.4 br 16.
Direct Reduced Iron DRI Cargo Handbook the worlds
Iron ore is reduced in solid state at 800 to 1,050 C either by reducing gas H2CO or coal. The specific investment and operating costs of direct reduction plants are low compared to integrated steel plants and are more suitable for many developing countries where supplies of coking coal are limited.
Iron Ore Pelletization Manufacturing Plant Detailed
There are good demand of iron ore pellets, so new entrepreneurs can well venture in to this field. Plant capacity 1200000 MTAnnum Plant amp machinery 3801 Lakhs Working capital - T.C.I Cost of Project 6183 Lakhs Return 47.00 Break even 45.00 Email Us Add to Inquiry Basket
Generation of Energy Conservation Measures for Sponge Iron
The operating data, shown in Fig. 1, is taken from a typical Indian coal based sponge iron plant where iron ore, feed coal and dolomite are fed to the rotary kiln. A separate conveyor collects different size fractions of coal for injection into the kiln with the help of pressurized air from discharge end side.
Sponge Iron Makers Face The Heat The Financial Express
May 12, 2007 Sample this India is the largest producer of sponge iron in the world with total production in the last fiscal, namely, 2006-07, being 16.27 million tonne.
Press Release Alaknanda Sponge Iron Ltd
range of 77-82 of total cost of sales and power cost remained in the range of 16-18 of total cost of sales. Major raw-materials required are sponge iron, pig iron and scrap which the company procures locally and power is sourced from Damodar Valley Corporation DVC.
India Angry Villagers Bear Pollution Costs of Sponge Iron
Feb 10, 2010 It is a low-capital, high-profit industry with short gestation. Since the mid-2000s, small and medium sized production factories have mushroomed in Indias coal and iron-rich central eastern belt. Orissa, Chhattisgarh, Jharkhand and West Bengal states have emerged as the hub of sponge iron
Waste Heat Recovery Sponge Iron Manufacturer from
Sponge iron kilns are energy intensive. 30 of the energy input to the kiln is lost to the atmosphere through flue gas. Many sponge iron plants with kiln capacity higher than 200 tons, the heat in the exhaust flue gas is already utilised to generate steam and generate power.
4th Indian IronOre Pellet and DRI Summit 2020
Mr Deshpande was the former Chairman of The Sponge Iron Manufactures Association SIMA from 2015-2019, and the former Managing Director of Tata Sponge Iron Ltd. An Executive Director in Tata Metaliks Ltd. Kolkata and before that a Chief coke, Sinter and Iron at Tata Steel, during the expansion phase from 6.8 MTPA to 10 MTPA.
Indian voice for the ore based metallic amp steel industry
Indian Sponge Iron Industry Deependra Kashiva, ED, SIMA Indian sponge iron industry is passing through its worst crisis. At the one hand the industry is operating at about 30 to 40 capacity on the other hand there is promising future in view of the projected steel demand.