Analysis of Indian Iron and Steel Industry Table of Contents 1Introduction.......................................................................................................... 3 1.1Varieties of Steel................................................................................ ...............5 1.2Production Technology .....................................................................................6 1.3Components of the cost of production........................................
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teelIRON AND STEEL INDUSTRY IN INDIA Corporate Catalyst India A report on Indian Iron and Steel Industry OVERVIEW 1.1 Background The Indian iron and steel industry is nearly a century old, with Tata Iron & Steel Co (Tata Steel) as the first integrated steel plant to be set up in 1907. It was the first core sector to be completely freed from the licensing regime (in 1990-91) and the pricing and distribution controls. The steel industry is expanding worldwide. For a number of years it has
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1. Introduction Steel is one of the most important industrial products of our life. It is used from power cables to safety pin. In tools, military weapons, making our homes and so and so on. Steel industry is considered backbone of industrial growth. Its sustained growth is vital given the cascading impact it has on the economic development in many sectors such as oil and gas, electrical and electronics, transport, shipbuilding, building and construction, fabrication, machinery and equipment
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Iron is a shiny grey metal that is oxidized into a reddish-brown ferric oxide when exposed to moist air. It was discovered in 3500BC and is ranked as the fourth most abundant element by mass. The other major elements are sulfur and nickel. While iron is ingrained in most minerals, the primary iron is haematite. Nonetheless, iron is found engrained in other minerals such as taconite (Royal Society of Chemistry). Iron is produced commercially by heating the iron ores with carbon and limestone. The
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Carnegie and the Age of Steel, I learned a lot about what steel manufacturing had to do with the Gilded Age time period in America. The film first opened by talking about how in the late 1800’s Andrew Carnegie was now the richest man in the United States. But how did he get to be that way? Well, that is what the film goes into next. New Englanders were faced with a crisis in these times, iron was too expensive, but iron was the thing that fueled the New Englanders industry. So the colony started to
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SLAG - IRON AND STEEL December, 2014 16-1 SLAG - IRON AND STEEL 16 Slag - Iron and Steel S lag is a by-product generated during manufacturing of pig iron and steel. It is produced by action of various fluxes upon gangue materials within the iron ore during the process of pig iron making in blast furnace and steel manufacturing in steel melting shop. Primarily, the slag consists of calcium, magnesium, manganese and aluminium silicates in various combinations. The cooling
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AN FINAL REPORT ON SALES AND DISTRIBUTION CHANNELS AT STEEL AUTHORITY OF INDIA LIMITED SUBMITTED BY: R.N.MUKHERJEE (07BS3134) STEEL AUTHORITY OF INDIA LIMITED AN FINAL REPORT ON SALES AND DISTRIBUTION CHANNELS AT STEEL AUTHORITY OF INDIA LIMITED SUBMITTED BY: R.N.MUKHERJEE (07BS3134) A Report Submitted In Partial Fulfilment Of The Requirements Of MBA Program Of ICFAI BUSINESS SCHOOL, HYDERABAD DISTRIBUTION LIST: PROF. SUBHASIS RAY (FACULTY MEMBER-MARKETING, IBS Hyderabad) MR. TANMOY
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IRON & STEEL SECTOR ANALYSIS General View of World Economy The world economy changed especially after the global crisis in 2008 . Advanced economies known as the giant economies of western countries affected very deeply by the crisis. The results of the crisis affected particularly in Europe.Today, many European countries came to the brink of collapsefinancially especially Greece and Portugal.On the other hand, China and India continued to grow without experiencing any problem. For about 10
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Foreign Players Future outlook Contact For Information A report by KPMG for IBEF 2 4 9 12 13 17 18 Market Overview The metal industry is a key sector in the Indian economy as it meets the requirements of a wide range of important industries such as engineering, electrical and electronics, infrastructure, automobile and automobile components, packaging etc. The metal industry consists of two major groups: ferrous metals and non-ferrous metals. Non-ferrous metals, which include aluminium, copper, zinc
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STEEL INDUSTRY ANALYSIS 1. Industry trends: Indian and Global perspectives, recent happenings. Steel is the back bone of human civilization, it is very crucial in development of a modern economy. The per capita consumption of steel shows the living standard of people in any country. Global Perspective: The industry directly employs about more than two million people worldwide, with a further two million contractors and four million people in the supporting industries. Considering steel’s position
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