What is the cost of sponge iron plant?
Sponge Iron Plant
| Capacity | 50 MT/Day | 1300.00 Lakhs |
|---|---|---|
| Working Capital | 0.00 | 41.00 % |
| Break Even Point (BEP) | 45.00 % | 1800.00 Lakhs |
| Cost of Project | 1800.00Lakhs |
How do you manufacture sponge iron?
Sponge iron making is a process in which iron ore lumps (typically 5mm-18mm size) are tumbled with a ‘select’ grade of iron-coking coal little dolomite inside an inclined rotary kiln and control combusted in the presence of air for about 12 hours before the products are air cooled, magnetically separated, screened and …
What is direct reduction process?
Direct reduction refers to solid-state processes which reduce iron oxides to metallic iron at temperatures below the melting point of iron.
What are the uses of sponge iron?
Sponge iron is used in the iron and steel industry as a substitute for scrap in induction and electrical arc furnaces. Over the years, the shortage of expensive melting scrap has made sponge iron a significant raw material for manufacturing high quality steel.
Which country produces sponge iron?
India
Today about 20 per cent of the sponge iron produced worldwide is made in India. The growth of this industry is touted as one of the major success stories of the Indian industrial sector, after liberalisation. This industry has grown spectacularly in the last five years.
What is sponge iron Class 10?
Sponge iron is a metallic product produced through direct reduction of iron ore in the solid state. It is a substitute for scrap and is mainly used in making steel through the secondary route. The process of sponge iron making aims to remove the oxygen from iron ore.
What is C Fe ratio in sponge iron?
| Elements | Sponge Iron Lumps | Sponge Iron Fines |
|---|---|---|
| P | 0.06% | 0.06% |
| S | 0.03% | 0.04% |
| C | 0.10-0.25% | 0.25-0.35% |
| Non-magnetic (Char & Other Process Contaminants) | 0.8% (max.) | 1% (max.) |
How is the sponge iron industry in India?
Indian Sponge Iron Industry which was started as late as in 1980’s has come a long way. Today India is the largest sponge iron producer (30 MT in FY 2018) in the world for last 16 consecutive years and contributes about 30% of the world production.
What is coal based sponge iron/DRI?
Sponge iron produced using the non coking coal is called coal based sponge iron / DRI. For producing the sponge iron through this process requires high grade of iron ore and non coking coal. In this process route, iron oxides are converted to the DRI / HBI by using natural gas in a vertical shaft furnace.
What is iron sponges?
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. Many ores are suitable for direct reduction.