As a backward integration, SIL has set up a 2,98,800 tonns per annum sister plant and 30Mw captive thermal power plant and as a forward integration has setup a 210000 tonns per annum. Ductile Iron making plant and 25000 tonns per annum DI pipe fittings plant.
Pig iron is used as a raw material in engineering, construction, and foundry industries; and metallurgical coke is used as a raw material in iron making.
(i) Pig Iron is semi-finished metal, produced from iron ore in blast furnace, containing 92%, high amounts of carbon (typically up to 3.5 %), and balance largely manganese and silicone plus small amounts of phosphorus, sulfur, and other impurities. Pig iron is further refined in a furnace for conversion into STEEL It gets its name from the shape of trough (resembling a pig) in which it used to be cast in the 19th century [http://www.businessdictionary.com]
(ii) Rishab Digha Steel and Allied Products Ltd is mainly engaged in the job work of Decoiling, Straightening, Cutting, Shearing of Hr. CR and MS Coils / Sheets. It has no precise licensed capacities and installed capacities as such.
In other words, the sales mainly consist of job work income. The income from Job work mainly includes recoveries for Decoiling, straightening, Cutting, shearing and warehousing and other small recoveries on account of loading and unloading, transportation charges.
The Company writes in its FY14 annual report: "Your Company has a vital role to play in the developing Economy, as the job orders of de-coiling, straightening, shearing and cutting of varies sizes of Iron and Steel Coils are decreasing".