However, the domestic availability of raw materials such as iron ore and costeffective 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 lowcost business ideas of small iron and steel product manufacturing.
Modern iron making. Iron is manufactured in a blast furnace. First, iron ore is mixed with coke and heated to form an ironrich clinker called 'sinter'. Sintering is an important part of the overall process as it reduces waste and provides an efficient raw material for iron making. .