Iron And Steel Business In Pakistan

1. MWPBNP Q&A: Iron And Steel Business In Pakistan Most Asking Question Related To Iron and Steel Business. Steel mills, which manufacture steel sheets or forms, and foundries, which make iron or steel castings, are the two types of iron and steel businesses. www.mwpbnp.com

2. 1 Most Asked Questions 1. 2. 3. 4. 5. What are the raw materials required for the manufacture of steel? What are the types of steel? What varieties of stainless steel are there? What are the various methods of steel QC (Quality Control)? What is the difference between hot rolled steel and cold rolled steel, and how do you explain it? What's the maximum quantity of steel that a BOS (Basic Oxygen Steelmaking) Vessel can hold? What exactly is a Blast Furnace? What kind of small iron business can I start? What is a mini steel plant? What types of steel can be produced by it? Which type of steel is the most profitable one? How much does it cost to start a steel plant? Is it profitable? How much does it cost to produce 1 metric ton of steel? How can I start up a steel import/export business? Planning to open iron/steel metal recycling small budget factory in Pakistan. Need suggestions. How do I start a company? What are some small scale business ideas with low investment and profitable? How can I start a steel manufacturing company? What are the major issues that the steel sector is now facing? 6. 7. 8. 9. 10. 11. 12. 13. 14.

3. 2 About me? Noor Ahmed Zeeshan is a professional and passionate individual with a strong desire to excel, grow and develop in all aspects of his life. He has the ability to work in a multi-tasking environment and can function equally well as part of a small team or as part of a larger organization. He is a team player who has the ability to work in a team as part of a team where required and as part of a team. He is also dedicated to consistently achieving the results set by his Company and is a strong believer in always exceeding the customer's expectations. He is representing MWP Business and Presentation Pvt Ltd, Islamabad, Pakistan. Having a vast experience in the iron and steel business in Pakistan and representing a company that imports and exports iron, steel, and other metal & metal scraps. He's also a passionate foodie and passionate about playing badminton. He love to answer your questions related to iron and steel business in Pakistan.

4. 3 Answers Of All Your Questions Q-1: What are the raw materials required for the manufacture of steel? Steel is an alloy of iron and carbon (small amount of other elements) in the form of ferrous and non-ferrous metals. Before the 20 th century, the metal was produced by the process of smelting iron ore. Now it is usually produced by the process of the basic oxygen furnace. Iron ore and coal are the two major raw materials for the production of steel. The iron ore is mined from different mines and transported to the steel plant. It is then converted into Pig Iron. The Pig Iron is then converted into steel through different processes of steel making. Q-2: What are the types of steel? There are many types of steel. Each type of steel is ideal for a different sort of use. There are six main types of steel. 1. 2. 3. 4. 5. 6. Carbon Steel, Alloy Steel, Tool Steel, Stainless Steel, Cast Steel, High Tensile Steel. Carbon-steel is commonly used in the production of tools and machines because it is the least expensive type of steel. It is inexpensive and strong, however it is susceptible to rust. Alloy-steel is made from other elements mixed in with the steel. Low-alloy steel is used in car construction and foods like canned goods. High-alloy steel is used in cars, aircraft, and in light-weight machines. Tool-steel is high-grade steel used for making tools that are durable and hard. Stainless-steel is special type of steel that contains a great deal of chromium. Unlike other types of steel, it is rust-resistant. Cast-steel is a lot like carbon- steel, except it has a higher carbon content. It is produced by melting iron ore in a furnace and pouring it into a mold.

5. 4 High-tensile-steel is mainly used in the automotive industry and it is very strong and resistant to breakage. It is highly efficient for use in trucks, trains, and airplanes. Q-3: What varieties of stainless steel are there? There are many different kinds of stainless steel. Some are very different from others. So first let’s discuss some definitions. Stainless steel is any alloy (metal mixed with some other metal) that contains 10.5% chromium and a small amount of nickel. The chromium creates a hard surface that does not rust. The nickel makes the metal stronger. However, the nickel is not needed to create stainless steel. Steel that does not contain nickel is called “18-8 stainless.” It is fine for thinner items because the nickel is not needed to make it strong. But stainless steel that contains nickel is stronger and is used for many decorative and industrial items. Also, it is important to remember that stainless steel is a type of steel. There are many kinds of steel with different qualities and purposes. Q-4:What are the various methods of steel QC (Quality Control)? Metal Product Quality Control:To check the quality of any metal product certain metal testing methods and metal tests are used. There are certain companies who do the metal testing before supplying the metal product to their prospective clients. The main metal products that requires metal testing are TMT bars, Angle bars, Round Bars and Rods, Round Rods/Rods & Hollow Rods/Rods, Forging Fittings, Scaffolding Tubes and Beams etc. The main methods used for checking the quality of these metals are Classification Tests, Chemical Analysis Methods, Mechanical Testing Methods etc.

6. 5 MWPBNP having vast experience in the iron and steel business in Pakistan now opens its Business Partners Program initially for 10 Cities of Pakistan. Interested individual/ businesses are invited for the purpose. “Business Partners Program” initially offered in the following 10 Cities of Pakistan 1- Islamabad 2- Rawalpindi 3- Karachi 4- Lahore 5- Peshawar 6- Gujranwala 7- Hyderabad 8- Multan 9- Faisalabad 10- Quetta 11- Gilgit 12- Baltistan

7. 6 Q-5:What is the difference between hot rolled steel and cold rolled steel? Hot rolled steel is steel that is rolled at high temperature. Cold rolled steel is steel that is rolled at low temperature. Cold rolled steel has a thinner layer of surface skin. Cold rolled steel costs less than hot rolled steel. This is because it is more difficult to process. Cold rolled steel is thicker and harder and is used for heavy-duty work. Q-6:What's the maximum quantity of steel that a BOS (Basic Oxygen Steelmaking) Vessel can hold? It is an old principle of steel making to produce liquid steel with the lowest temperature possible. The reason is, when you produce steel with a lower temperature, it will not be contaminated by impurity. Beside, minimum temperature also means minimum cost. So the bigger the holding capacity, the less the cost. Q-7: What exactly is a Blast Furnace? Blast furnaces are used for the production of industrial-grade metals such as iron, steel and other alloys. They are used for the mass- production of these metals which would be impossible with the use of the traditional methods of mining and refining the raw materials. Blast furnaces are used at the Iron and Steel industries to produce pig iron and molten iron, which are further processed at other units to produce various steel products.

8. 7 Q-8: What kind of small iron business can I start? What's great about ironing services is that there are no start up costs. This means you can take a small ironing business from concept to reality in a short amount of time, with little investment. Also, since ironing services are a local business, you don't need to worry about state regulations or strict city codes. If you live in a state with no regulations on ironing services, then you are completely free to start your own business. Keep in mind that you will need a professional iron, ironing board, and a large supply of ironing clothes in order to offer quality service. Q-9: What is a mini steel plant? What types of steel can be produced by it? Which type of steel is the most profitable one? A mini-steel plant is a type of steel production facility that has a low capacity (usually less than 500 ton/year). Mini-steel plants can be built in a relatively short period of time. The mini-steel plants are mainly used to produce steel from scrap metal. Steel from scrap is lower cost than steel from ore. Steel plants that produce flat bar, wire rod, rebar, and seamless tube are the most profitable. The NESM can produce high quality crystalline steels with no alloying elements. This means that steels can be produced that have the strength of tool steel, which is essential in the production of high-end surgical instruments and high-precision aircraft parts. It also means that high-strength steels, such as those used in body armor, can be produced in a cleaner, more efficient method that consumes less energy and produces less waste.

9. 8 There are many criteria that determine the profitability of steel. These include the grade of the steel, the end market, and the price of the raw materials. One type of steel that’s always a safe bet is HSLA Steel. It’s easy to weld and fabricate, and it has the strength to resist corrosion and abrasion. It’s typically used for everything from oil and gas pipelines to home appliances. HSLA is used in bridges and buildings because it's resistant to fire. The steel is considered a high value-added product and is among the most profitable types of steel. Q-9-A:How much does it cost to start a steel plant? Is it profitable? The cost of steel production varies depending on the type of steel. Steel production has a higher cost than many other types of metal because steel has two major problems in producing it. It is labor intensive and the waste can be dangerous. There are several different types of steel, such as carbon steel, alloy steel, and stainless steel . They are all created at different temperatures and have different costs in starting them. Starting prices for a steel plant vary from $200 million to $5 billion. Although it does not matter the type of steel, it is a resource for a wide variety of products and is used in multiple locations. The Federal Reserve keeps the price under close watch and imposes fees if the cost rises too high. The price of the steel is just a fraction of the cost of the plant; it is an estimate of $1.8 million per worker in direct labor costs for steel production. The steel manufacturing process is a great deal of work; 86 percent of the cost is labor. This includes the workers, metallurgists, and engineers working in the plant. Q-9-B:How much does it cost to produce 1 metric ton of steel? The cost of producing 1 metric ton of steel depends upon the type of steel and the process used to produce it. Steel is produced from metal ore, which is the basic raw material. The metal ore requires a process of metal extraction and purification before it can be melted and converted into steel. The metal extraction and purification process use chemical compounds and energy to extract the metal and purify it. The cost of the energy and chemical compounds used in the metal extraction and purification process is a major cost component of the steel production.

10. 9 Q-10: How can I start up a steel import/export business? Steel trading is a very competitive and competitive business. Making a profit in the steel industry is difficult for the novice seller. The seller of steel is a high-risk business, because buyers often try to avoid long- term contracts. To get into steel trading, you must first be able to identify your product. Then you must be able to evaluate the price of steel between the supermarket and the price of steel from the factory. You can try to buy steel and resell it to your desired price, or you can try to sell steel at a discounted price in a short period of time and buy it at a lower price. Then you can find a buyer at a higher price than your original purchase price. Q-11:Planning to open iron/steel metal recycling small budget factory in Karnataka. Need suggestions. How do I start a company? There are many things to consider about the purpose of your factory. Do you want to manufacture iron products or steel products? If you want to open a factory for recycling for iron and steel, you will still have to make initial investments. There are machines and tools you will need to buy, and that alone will cost a small fortune. If you want to manufacture iron or steel products from scratch, you'll have to look for a reliable supplier of raw materials and then purchase the materials. You'll have to have the steel or iron made into the products you wish and then shipped to the customer. This will cost even more money. Depending on your sales, you will have to think about expanding your business.

11. 10 Q-12: What are some small scale business ideas with low investment and profitable? Low investment doesn't mean no investment. If you are not investing in anything, you are not creating anything. It is not just about the investment, it is about the investment of time, energy, commitment and sweat more than it is about the money. A small scale business not only provides you with a higher quality of living but also gives you an immense amount of freedom and satisfaction. One of the best small scale business ideas is to study the customer needs of your locality and start a business from that. For example, if you live in a locality where people suffer from bad breath, you can start a business of tongue cleaning. A customer need can be anything from a specific product to a specific service. Q-13: How can I start a steel manufacturing company? After doing extensive research, I found the right combination of products, processes and organization to be very important to this business. Below is a short list of factors to consider in starting a steel manufacturing company: Buy good property. Just like in any other business, a good location is very crucial for this business. It should be a location that is easily accessible and has plenty of space for storing goods and equipment. Use good equipment. Build a good relationship with your suppliers and customers. Good management. Hire a good staff.

12. 11 Q-14: What are the major issues that the steel sector is now facing? The major issues that the steel sector is facing is environmental concerns, like the emissions of SOx, NOx and particles. The other issue is the reduction in the steel consumption in developed countries. Growth in consumption in China and India is not enough to compensate the loss in consumption in the developed countries. The future of the steel consumption will be determined by the economic growth in these countries. Steel consumption growth rate has been slowing down in the recent years. China has slowed down due to some economic reasons. India has been growing, but this growth rate may also slow down in the coming years. mwpbnp.com + 92 (333) 44 85 888 + 92 (333) 44 85 999 Rawalpindi Office: + 92 (51) 274 81 88 + 92 (51) 44 85 888 + 92 (51) 44 85 999 info@mwpbnp.com Instagram.com/mwpbnp/ facebook.com/mwpbnp.com.pakistan/ linkedin.com/company/mwpbnp-com-official Sihala Steel Corporation، Sihala, Bagh, Islamabad Capital Territory 44000, Pakistan