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However, the domestic availability of raw materials such as iron ore and cost-effective labor are the major driving factors for growth. Generally, the iron and steel industry demands huge investment and a wide range of manufacturing operation. However, here we accumulate low-cost business ideas of small iron and steel product manufacturing.

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resulted in large-scale exports of iron and steel. In 2014-15, India exported 6.23 million tonnes of steel and 5.59 million tonnes of finished steel, respectively. Though the country's production of iron & steel is sufficient to meet the domestic demand, it imports mainly finished/semi-finished steel and iron & steel (scrap) to meet requirement

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Rod mills in iron ore concentrating plant. Rod mills bridge the gap between crushing and grinding, are often used for preliminary grinding ahead of ball mills. Advantages of wet grinding: Lower power consumption per ton of product. Higher capacity per cubic foot of mill volume.

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