Sponge Iron

Sponge Iron is used as a raw material for making steel in electric arc furnaces and induction furnaces, substituting and supplementing indigenous and imported scrap. As a key raw material for the manufacture of steel, Sponge Iron has got a strong foothold in the Indian market. With the reliance on sponge iron getting more pronounced with time, global market trends predict a steady upward movement too. Maheshwary Ispat plans to continue its focus on Sponge Iron at present and also in future to utilize its production for in-house manufacture of steel.

Billets

Steel billets are semi-finished products used for further processing for production of suitable products. It is used as a feedstock to rolling mills for production of long products like wire rods, bars/ rods and light structural. Billet is also used extensively in forge shops and machine shops for production of engineering goods and also as feedstock for seamless tubes.

Compared to the developed countries the world over, there is substantial potential for an increase in the consumption of steel in India, due to low steel consumption ratio and benefits of steel (Long products), such as superior quality and durability. As steel billets are used to manufacture long products such as wire rods, their demand is also expected to show a significant increase in the years to follow.

Maheshwary Ispat produces high quality mild steel billets through the continuous-casting route ensuring high quality standards. With the onset of production through the EAF route, we will start the production of export-quality steel billets which has tremendous potential and enjoys greater demand.