Steel Industry

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Analysis of Indian Steel Industry

Submitted by: Purvi Tibrewalla Roll 146, Sec B.

Submitted to: Ms. Paramita Sarkar

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DECLARATION
I hereby declare that the work presented in this Project entitled “Analysis of Indian Steel Industry” submitted to Ms. Paramita Sarkar full-time faculty at Smt. J.D.Birla Institute (Department of Management), Kolkata is an authentic record of my original work. The total word count of this paper is 18113 words.

Purvi Tiberewalla

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ACKNOWLEDGEMENT

“A student is always incomplete without the guidance of his teachers.” The successful completion of a task is incomplete without mentioning the name of the person who extended his help and support in making it a success. Firstly, I would like to thank our college director, Dr. Suman K. Mukherjee, because if it hadn’t been his vision to allot us the task of preparing a paper, I wouldn’t have ever got so much knowledge about this subject. I am greatly indebted to Ms. Paramita Sarkar (Full-time faculty at Smt. J.D.Birla Institute), my Project Guide and Mentor for devoting her valuable time and efforts towards my project. I thank her for being a constant source of knowledge, inspiration and help during this period of making project. Finally, I would also like to thank our faculty in-charge of Learning and Research Centre (LRC).It was indeed very kind of them to provide me with the necessary books and journals on time so as not to delay the completion of my paper.

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ABSTRACT
Steel is a uniquely versatile material. It is involved in virtually every phase of our lives from housing, food supply and transport to energy delivery, machinery and healthcare. In fact, it is so versatile that pretty well everything people use every day is either made from steel or is provided by steel. Steel has facilitated our quality of life, underpinned humankind‘s development and even helped us to understand our planet and the eco-systems it supports. Without being aware of it, society now depends on steel. Humankind‘s future success in meeting challenges such as climate change, poverty, population growth, water distribution and energy limited by a lower carbon world depends on applications of steel.

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Table of contents
DECLARATION.......................................................................................................... 2 ACKNOWLEDGEMENT ........................................................................................... 3 ABSTRACT .................................................................................................................. 4

1. Introduction ...................................................................................................... 8 Field of Management: .................................................................................................. 8 Scope and Objective: ................................................................................................... 8

2. Literature Review............................................................................................ 10 I.1. Steel ......................................................................................................................... 11 I.2. History & Evolution of the Industry ................................................................... 13 II. The Global Steel Industry ...................................................................................... 15 II.1. Growth of the industry ........................................................................................ 15 II.2. Economic trends ................................................................................................... 16 II.3. Industry size and geographic distribution ......................................................... 17 II.4. Consolidation as a strategy in the global steel industry ................................... 18 III. Indian Steel Industry...
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