Sponge Iron

 

India is the world's largest producer of

 Sponge Iron, most of which is produced

primarily through the coal based method

of production. Growth in the sponge iron

production can be attributed largely to the

popularity of secondary steelmaking route,

which has shown a phenomenal growth in

India. The proportion of crude steel

produced by the secondary steel sector rose

 from 26 mMT(37%) in 1999-2k to

54 mMT(59%) in 2007-08. This has been

mainly due to the lower investment cost

of the EAF as compared with the integrated

blast furnace--oxygen converter route and

also because of its greater flexibility of product mix.

Sponge iron is an iron source relatively

uniform in composition, and virtually

free from tramp elements. It is used

 increasingly in Electric Arc and

Induction furnaces to dilute the

Contaminants present in the scrap

used in these processes. It has an

associated energy value in the form

 of combined carbon, which has a

tendency to increase furnace efficiency.

For captive DRI production facilities,

there is an added advantage that the

delivery of hot DRI to the furnace can

reduce energy consumption to 16 - 20%.

MSP Metallics Pvt Ltd. Have a capacity of producing 200,000 TPA of superior grade Sponge Iron