Production Cost Report | Energy, Metals and Minerals

Procurement Resource Thumbnail Book Image

Iron Production Cost Breakup via Ore Mining, Crushing, Concentrating, Extracting Using Blast Furnace

Details: Germany - based plant Q1 2024  | From $ USD

This report provides a thorough cost evaluation of the production of iron via ore mining, crushing, concentrating and extracting iron using a blast furnace. The process involves mining iron ores using surface mining, led by crushing the ores into smaller sizes, followed by concentrating the iron using density differences of different materials present in the ore or separation by magnetic techniques, after which the fine ores are sintered, where the iron ore is mixed with coke and heated. The sinter is an agglomerated form of fused iron ores suitable for the blast furnace. The sinter is introduced in the oxygen-rich blast furnace containing coal. The iron from the sinter and the ore gets collected at the hearth of the furnace. Finally, the molten or pig iron is collected from the bottom of the furnace.

The project economic analysis provided in the report discusses a Germany-based plant:

  • Manufacturing Process
    • Process Flow
    • Material Flow
    • Material Balance
  • Raw Material and Product's Specifications
    • Raw Material Consumption
    • Product and Co-Product Generation
    • Capital Investment
  • Land and Site Cost
    • Offsites/Civil Works
    • Equipment Cost
    • Auxiliary Equipment Cost
    • Contingency
    • Engineering and Consulting Charges
    • Working Capital
  • Variable Cost
    • Raw Material
    • Utilities
  • Fixed Cost
    • Labor Requirement & Wages
    • Overhead Expenses
    • Maintenance Charges
  • Financing Costs
    • Interest on Working Capital
    • Interest on Loans
  • Depreciation Charges
  • General Sales and Admin Costs
  • Production Cost Summary
Request Sample

Report Content

Key Process Information

Evaluation of significant technical parameters along with process descriptions such as:

  • Consumption of Raw Material
  • Product Creation
  • Block Flow Diagram
  • Description of the Manufacturing Facility

Utilities Consumption

Evaluation of utilities consumed during the entire process based on:

  • Consumption per unit of product generated
  • Utility cost split and share of each utility in the total cost

Process Flow Diagram

Representation of various operations involved including:

  • Step-wise process
  • Utility consumption in each operation

Capital Cost Analysis

In-depth analysis of costs involved in setting up a new manufacturing unit, including:

  • Cost of Building a Process Unit
  • Cost of Setting Up the Infrastructure
  • Working Capital
  • Commissioning & Start-Up of the Plant

Implementation Schedule

Time frame of the project design, which includes:

  • Plant Start-Up
  • Plant Construction
  • Engineering Fundamentals
  • Raw Material Procurement

Construction Cost Details

Detailed analysis of costs involved in the operation of various functional units in the process unit and infrastructure.

Operating Cost Analysis

Evaluation of costs associated with the production of the final product, namely:

  • Procurement of Raw Materials
  • Consumption of Utilities
  • Fixed Costs
  • Depreciation

Economic Analysis

Analysis of the way in which process economics are impacted by plant capacity.

  • Construction Cost
  • Working Capital
  • Fixed and Variable Operating Costs
  • Corporate Overhead
  • Depreciation

Customized Analyses

Detailed cost estimates of any industrial plant depending on your requirements, including plant capacity and location as per the need.

Compare & Choose the Right Report Version for You

You can easily get a quote for any Procurement Resource report. Just click here and raise a request. We will get back to you within 24 hours. Alternatively, you can also drop us an email at sales@procurementresource.com.