“In our industry today only a strong company with a global reach can ensure long-term employment and provide acceptable returns for shareholders.” – Lakshmi Narayan Mittal Table of Contents 1. How has Mittal managed to expand from a marginal position to become the largest steel producer in the world? 1 2. Compare Mittal’s economics per ton of crude steel with its competitors. 2 3. What threats does Mittal face? 3 4. To what extent is profitability driven by global scale? What else
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Profile of Steel Industry in India (Managerial Economics) CONTENTS Introduction Market Size Investments Government Initiatives Steel Prices Supply and Demand Analysis Cost of production Production Functions and Input: Fixed & Variable Inputs: Total & Average cost: Calculating Average Total Cost Average cost
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1 (a) Make a list of materials that are (i) commonly used in construction industry, (ii) rarely / sparingly used materials in the construction industry, (iii) materials that are not used but can be used in the construction industry (b) Visit the Sports Complex and the Community Centre at IIT Madras and find out the materials used for construction and prepare a report. Materials commonly used in the construction industry * Concrete – Cement, Lime, Sand, Aggregates, Fly Ash, Water * Wood
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Group Research Project Jindal Steel Works Ltd. & Steel Authority of India Ltd. Executive Summary This report provides an elaboration of the steel industry of India as well highlights the comparison parameters of the current and prospective profitability, liquidity and financial stability of two major players of the industry – Jindal Steel Works Ltd. and Steel Authority of India Ltd. The analysis of the players includes trend prevalent in the industry, horizontal and vertical analysis
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Introduction to the industry Metals have accompanied mankind since ancient ages, and steel, if we begin to follow it from the moment of its historically famed damascene form - for some millennia. From the era of craftsman-like small-scale production to today's form of industrial mass production, steel has covered an intricate path lined with significant innovations in production processes, development of range and quality of products, and perpetually growing productivity of labour, improving economies
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BSCE 4 200810163 “STEEL” BASIC STRUCTURE OF THE MATERIAL Steel is an alloy that consists mostly of iron and has carbon content between 0.2% and 2.1% by weight, depending on the grade. It also consists of small quantities such as manganese, chromium, nickel, molybdenum, copper, tungsten, cobalt, or silicon. It is generally hard, strong, durable, malleable alloy and depending on the desired alloy properties, the constituents in steel vary. The density of steel varies based on the
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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. The Government of India owns about 86% of SAIL's equity and retains voting control of the Company. However, SAIL, by virtue of its "Navratna" status, enjoys significant operational and financial autonomy.
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ORGANIZATIONAL BEHAVIOR – SAIL INDUSTRY BACKGROUND: “Steel touches every aspect of our lives. No other material has the same unique combination of strength, formability and versatility.”- Source Anon Steel, as a material was used for centuries, whereas, steel production was considered an expensive affair since steel was produced in smaller quantities mainly targeted at the Military usage such as swords and shield. From the commercialization in 1856 of a cheap steel manufacturing process by Henry
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Indian Steel Industry India is among the top producers of all the form of steel in the world. Low cost manpower and the abundance of iron ore and coal reserves makes India highly competitive. India became the 4th largest producer of crude steel in the world in 2010 as against the 8th position in 2003 and is expected to become the second largest producer of crude steel by 2015. The country has acquired a central position on the global steel map with its giant steel mills, acquisition of global
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INTRODUCTION The United States Steel Corporation more commonly known as U.S. Steel is an integrated steel producer with major production operations in the United States, Canada, and Central Europe. The company was the world's 13th largest steel producer in 2010. It was renamed USX Corporation in 1986 and back to United States Steel Corporation in 2001 when the shareholders of USX spun off the oil & gas business of Marathon Oil and the steel business of U. S. Steel to shareholders. In 2001 it was
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