Preview

Tata Steel

Powerful Essays
Open Document
Open Document
1335 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tata Steel
Introduction
Backed by 100 glorious years of experience in steel making, Tata Steel is among the top ten steel producers in the world with an existing annual crude steel production capacity of 30 Million Tonnes Per Annum (MTPA). Established in 1907, it is the first integrated steel plant in Asia and is now the world`s second most geographically diversified steel producer and a Fortune 500 Company.
Tata Steel has a balanced global presence in over 50 developed European and fast growing Asian markets, with manufacturing units in 26 countries.
It was the vision of the founder; Jamsetji Nusserwanji Tata., that on 27th February, 1908, the first stake was driven into the soil of Sakchi. His vision helped Tata Steel overcome several periods of adversity and strive to improve against all odds.
Tata Steel`s Jamshedpur (India) Works has a crude steel production capacity of 6.8 MTPA which is slated to increased to 10 MTPA.
The Company also has proposed three Greenfield steel projects in the states of Jharkhand, Orissa and Chhattisgarh in India with additional capacity of 23 MTPA and a Greenfield project in Vietnam.

Through investments in Corus, Millennium Steel (renamed Tata Steel Thailand) and NatSteel Holdings, Singapore, Tata Steel has created a manufacturing and marketing network in Europe, South East Asia and the pacific-rim countries. Corus, which manufactured over 20 MTPA of steel in 2008, has operations in the UK, the Netherlands, Germany, France, Norway and Belgium.
Tata Steel Thailand is the largest producer of long steel products in Thailand, with a manufacturing capacity of 1.7 MTPA. Tata Steel has proposed a 0.5 MTPA mini blast furnace project in Thailand. NatSteel Holdings produces about 2 MTPA of steel products across its regional operations in seven countries.
Tata Steel, through its joint venture with Tata BlueScope Steel Limited, has also entered the steel building and construction applications market.
The iron ore mines and collieries in

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Tut 6

    • 489 Words
    • 2 Pages

    Their reputation is growing. They counts on sister subsidiary Tata steel to continuously provide steel.…

    • 489 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Lakshmi Mittal

    • 420 Words
    • 2 Pages

    Mittal has grown the family business into one of the largest steel companies in the world, with steel making facilities in fourteen countries and employing more than 150,000 people.…

    • 420 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Three new plants were set up in the public sector and the capacity of the two existing steel works in the private sector was doubled. In this plan new steel plants got a severe jolt. The share of industrial sector was Rs. 938 crore which is 20.1 per cent of the total plan and three plans the progress was significant.…

    • 1608 Words
    • 7 Pages
    Better Essays
  • Good Essays

    vision

    • 667 Words
    • 5 Pages

    Tata Steel is one of the world’s largest steel producers. The company provides pre-finished steel building envelopes…

    • 667 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The Indian steel industry has made a rapid progress on strong fundamentals over the recent few years. The industry is getting all essential ingredients required for dynamic growth. Even in the tough times of economic slowdown, the industry succeeded to sustain its positive growth momentum on the strong fundamentals of domestic demand from construction, automobile and infrastructure sectors:…

    • 1522 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Steel Authority of India Limited (SAIL) is the leading steel-making company in India. It is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets. SAIL is also among the five Maharatnas of the country 's Central Public Sector Enterprises. SAIL manufactures and sells a broad range of steel products, including hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structural, railway products, plates, bars and rods, stainless steel and other alloy steels. SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials, including the Company 's iron ore, limestone and dolomite mines. The company has the distinction of being India‟s second largest producer of iron ore and of having the country‟s second largest mines network. This gives SAIL a competitive edge in terms of captive availability of iron ore, limestone, and dolomite which are inputs for steel making. SAIL 's wide range of long and flat steel products are much in demand in the domestic as well as the international market. This vital responsibility is carried out by SAIL 's own Central Marketing Organisation (CMO) that transacts business through its network of 37 Branch Sales Offices spread across the four regions, 25 Departmental Warehouses, 42 Consignment Agents and 27 Customer Contact Offices. CMO‟s domestic marketing effort is supplemented by its ever widening network of rural dealers who meet the demands of the smallest customers in the remotest corners of the country. With the total number of dealers over 2000 , SAIL 's wide marketing spread ensures availability of quality steel in virtually all the districts of the country. SAIL 's…

    • 14912 Words
    • 60 Pages
    Powerful Essays
  • Powerful Essays

    Pakistan Steel Mills

    • 3930 Words
    • 16 Pages

    Pakistan Steel Mills is the producer of long rolled steel products in Karachi, Pakistan. The Pakistan Steel Mill is the country 's largest industrial undertaking having a production capacity of 1.1 million tons of steel. The enormous dimensions of the project can be visualized from the construction inputs which involved the use of 1.29 million cubic meters of concrete, 5.70 million cubic meters of earth work (second to Tarbela Dam), 330,000 ton of machinery, steel structures and electrical equipment.…

    • 3930 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Bangladesh Steels

    • 2134 Words
    • 9 Pages

    Abul Khair Steel Products Ltd (AKSP) is a newly established large metal finishing plant in Bangladesh, that produces a range of steel products, such as cold rolled (CR) coils, galvanized steel (GS) sheets and corrugated galvanized iron (CGI) sheets. AKSP was established in 1999 as a private limited company and currently employs about 650 staff, with large expatriate technical team, mostly from India. The installed production capacity of the plant is 150,000 tons CGI sheets and 300,000 tons CR coils per year. Actual production for the base year 2002 was 130,943 tons. Due to steep increase in steel prices and competition in the market, demand for their products is low and the company is operating at 50% lower than the installed capacity. As a result, their total production was only 85,000 tons in 2004. The company’s production is mostly for the domestic market but is also exported to 13 countries. AKSP recently obtained ISO 9001: 2000 certification. High electricity consumption is a major concern and for this reason top management decided to participate in the GERIAP project.…

    • 2134 Words
    • 9 Pages
    Good Essays
  • Better Essays

    KMGT 648 5b

    • 1234 Words
    • 4 Pages

    Tata Iron & Steel Company set up the first steel plant in India in the year 1970. This is an indication that the steel industry is almost a century old. The level of modernization around the world and in India has led to the continuous rise in the demand for steel and resultantly has made the steel company to forge ahead.…

    • 1234 Words
    • 4 Pages
    Better Essays
  • Good Essays

    undp

    • 1664 Words
    • 7 Pages

    Importance: They produce flat steel products including billets, slabs, hot rolled coils , cold rolled coils, galvanized sheets/coins/formed sections and corrugated sheets. They are vital to the supply of high quality and cost effective steel products to the domestic market. Pakistan Steel’s constant efforts in continuous improvement and quality management have resulted in accreditation in ISO 9001, 14001, 17025, SA 8000 and OHSAS 18001.Problems: The withering ship-breaking industry, a source of scrap at Gadani, is costing the national economy much more than lost taxes as hundreds of steel rerolling and re-melting mills owe their very existence to the ship-breaking industry. These steel reinforcement bars are in turn consumed by the construction industry in the country. But there remains a dearth of quality steel products being manufactured locally. The per capita consumption of steel in Pakistan is 38 kg per annum as opposed to a global average of 198 kg per annum. This demonstrates the immense potential that Pakistan has to first become self sufficient in steel production and then focus on exporting quality steel products to the world on a similar model to that utilised by China and India and as a result increase its per capital consumption of steel which is a good indicator of meaningful infrastructural development.…

    • 1664 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    India has emerged as the fourth largest steel producing nation in the world, as per the recent figures release by World Steel Association in April 2011. In 2010, India was the 5th largest producer, after China, Japan, USA and Russia had recorded a growth of 11.3% in steel production as compared to 2009. Overall domestic crude steel production grew at a compounded annual growth rate of 8.4% during 2005-06 to 2009-10. The Indian steel industry accounted for around 5% of the world’s total production in 2010.…

    • 17205 Words
    • 69 Pages
    Powerful Essays
  • Powerful Essays

    Project Report

    • 14890 Words
    • 60 Pages

    Technical analysis is a method of evaluating securities by analyzing the statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a security's intrinsic value, but instead use charts and other tools to identify patterns that can suggest future activity.…

    • 14890 Words
    • 60 Pages
    Powerful Essays
  • Satisfactory Essays

    Dafafa

    • 869 Words
    • 4 Pages

    Government delays in allocating coal blocks for captive consumption by steel manufactures is seriously hurting the competitive edge of Indian steel sector.…

    • 869 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Big Steel Company is a manufacturing company that primarily produces fabricate steel parts for automobile industry. The company has two plants, one in Central Luzon and the other in Central Visayas with 250 full-time employees each employed. Having a large population of employee the company fails to manage their people effectively.…

    • 1670 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Entrepreneurship Development For a venture to be successful an individual should have some entrepreneurial competencies  Knowledge  Skill  Motive…

    • 886 Words
    • 11 Pages
    Satisfactory Essays

Related Topics