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How to Control Investment Casting Cost

There are several costs associated with lost wax investment casting. Although the exact cost of each item will vary from case to case, there are still some factors that affect the final price. Knowing what they are will help you consider your suggestions when preparing your budget. Therefore, let’s take a look at the factors that may affect the total cost of the process.

Material Cost

The cost will depend on the metal alloy. Among steel investment precision castings, stainless steel lost wax metal castings are the most expensive among high-priced stainless steels. Compared with iron castings, cast iron casting parts are much cheaper due to the lower cost of iron alloys. Of course, for the same material, the cost may change at different situations. Therefore, when the material cost is low, buyers will get cheaper castings.

Design Cost

Excellent tool design is critical to the overall success of the investment casting project. When you have solid parts, you want to make sure that the parts are consistent from the first photo to the last photo. No matter how advanced your casting machine is if you cut costs for cheaper tools, there is a risk of creating mid-range parts-you may increase costs later due to unnecessary secondary operations, or fail the entire project.

Labor Cost

Labor costs account for a large part of the total cost of any investment precision casting project. When estimating the cost, the average wage of the foundry worker plays an important role in the cost estimation of the precision casting. When you calculate the time required for the mold manufacturing process-the labor required to cast the metal, and the number of hours required to subsequently remove the part from the mold and clean it, you cannot cut labor costs.

Production Cost

Precision foundries need to check whether the blank casting process can be used to produce blank castings. Some investment casting factories may use green sand. Some may use resin sand, shell casting, and automatic molding processes. Greensand is cheaper, while cast shells are the most expensive. Relevant factors include dimensional tolerances, surface quality, structural complexity, annual demand, weight, and size. These factors will affect the cost of rough castings. Of course, if these processes cannot meet the requirements, then lost wax precision castings will not be able to produce them.

Tooling Cost

For normal processing work, most cast-iron manufacturers with processing capabilities will be able to process in-house. Otherwise, they will have to entrust other specialized processing workshops for processing. This is not a good choice, because the cooperation between precision castings and processing plants may bring more difficulties and delay delivery. Since the quotation needs to take into account related processing equipment, working hours, and prices. Therefore, the processing cost is difficult to calculate. Besides, the annual demand is also an important factor affecting investment casting processing costs.

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If you would like to have a question then get in touch today, we are ready to assist 24/7.
We welcome your cooperation and we will develop with you.

 Factory-direct Connectivity Solutions.
 High quality, Competitive Price.
 Custom-tailored solutions.
 Problem-solving approach.