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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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Steel is indispensable for progress in our world, and simultaneously one of humanity's youngest and most versatile materials. Crucially, the properties of steel are determined at the very beginning of the production process - for instance with machines from SMS group.

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