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Cast Iron & S. G. Iron Castings | |
| Cast iron is a group of iron-carbon alloys with a carbon content greater than 2%. Its usefulness derives from its relatively low melting temperature. The alloy constituents affect its colour when fractured: white cast iron has carbide impurities which allow cracks to pass straight through, grey cast iron has graphite flakes which deflect a passing crack and initiate countless new cracks as the material breaks, and ductile cast iron has spherical graphite "nodules" which stop the crack from further progressing. Cast iron is used in a range of engineered products, including automotive parts, tools, construction and mining equipment and heating equipment. Cast iron, an alloy of iron that contains 2 to 4 percent carbon, along with varying amounts of silicon and manganese and traces of impurities such as sulfur and phosphorus. It is made by reducing iron ore in a blast furnace. The liquid iron is cast, or poured and hardened, into crude ingots called pigs, and the pigs are subsequently remelted along with scrap and alloying elements in cupola furnaces and recast into molds for producing a variety of products. S.G. Iron S G Iron is also known as Spheroidal Graphite Iron, Ductile Cast Iron, Nodular Cast Iron, Spherulitic Graphite Cast Iron. S G Iron is a type of cast iron that has been treated while molten with an element such as magnesium or cerium to induce the formation of free graphite as nodules or spherulites. This imparts a measurable degree of ductility (easily manipulated) to the cast metal. The ductile iron family offers the design engineer a unique combination of strength, wear resistance, fatigue resistance, and toughness, as well as excellent ductility characteristics. S G Iron/Ductile iron is not a single material but is part of a group of materials which can be produced to have a wide range of properties through control of the microstructure. The common defining characteristic of this group of materials is the shape of the graphite. In ductile irons, the graphite is in the form of nodules rather than flakes as it is in grey iron. The sharp shape of the flakes of graphite create stress concentration points within the metal matrix and the rounded shape of the nodules less so, thus inhibiting the creation of cracks and providing the enhanced ductility that gives the alloy its name. The rapid growth in the automotive industry sector is one of the key factors driving the growth of the iron castings market during the forecast period. The automotive industry is one of the prime end-users of iron castings owing to its extensive applications in the manufacture of engine parts, gears and bushings, suspension, brakes, steering, and crankshafts. Moreover, the economic recovery in the US and Europe has led to increased consumer spending on automobiles. This demand will compel automotive manufacturers to increase their production capacities, thereby propelling the growth prospects of the iron castings market in the coming years. In terms of geography, APAC led the global iron castings market during 2016 and is expected to continue the domination during the forecast period. The constant increase in manufacturing activities in the developing countries such as India, Singapore, Korea, and Indonesia will be the major factor driving the growth of the market in the region. | |
| Plant capacity: - | Plant & machinery: - |
| Working capital: - | T.C.I: - |
| Return: 1.00% | Break even: N/A |
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