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History of iron and steel industry in india
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IRON INDUSTRY :
TATA STEEL : Tata Iron and Steel Company Limited also known as TISCO. Its an Indian multinational steel manufacturing company whose headquartered is in
City :Mumbai
State: Maharashtra
Country :India
Its a subsidiary of the Tata Group. According to the report it was the leading steel producing and manufacturing company in the world ( 2012 ). Tata Steel has a stable international presence in developed European markets and high speed securely growing Asian markets with manufacturing operations in 26 nations.
Tata Steel main industrialized unit based in Jamshedpur (Jharkhand )
On 12 February , 2012 Tata Steel accomplished 100 years of steel making in India.
Tata Steel's main competitors are
JINDAL STEEL
JSW
SAIL
ESSAR
JINDAL STEEL
The Jindal Group was initiated in 1952 by steel visionary Shri O. P. Jindal . Jindal Steel and Power Limited (JSPL) is one of India's major steel producers. Jindal steel headquarters is in
City : New Delhi
State: Uttar Pradesh
Capital:India
Jindal Steel New/Expansion Projects:
Chhattisgarh
Jharkhand
Odisha
Jindal Steel contributes to India's growth widely .Jindal steel products are
Rail
Plates and Coils
Angels
Channels
Wire Rods
TMT-Re bar
Jindal steel got many awards for contributing to India's growth.
Environment management awards
Performance awards
Safety awards
HR awards
Sports Promotion awards
JSW Steel ltd
JSW founder name was Sajjan Jindal . JSW founded in 1982 .JSW Steel Ltd is also an Indian Steel Company which is owned by the JSW Group based in
City :Mumbai
State :Maharashtra
Capital : India
Post Merger with ISPAT steel it has become India's leading private sector steel company. The G...
... middle of paper ...
...nting and holding the best people
Increasing returns to stakeholders
JSW STEEL
JSW Steel is a public limited company and is ruled by Board of Directors. The board of directors watch over the overall working of the Company. JSW Steel is a creator in the use of innovative technology.
JSW STEEL STRATEGIC GOALS IN INDIA:
Business Excellence
Sustainable Development
SAIL
SAIL has a INDIA’S largest operational blast furnace at Rourkela Steel Plant .
SAIL STRATEGY IN INDIA:
Quality Productivity
Profitability and Customer Satisfaction
ESSAR
Essar Global Limited is a diversified business corporation. Its steel-making capacity of 10 MTPA.
According to the Zeebiz.com Wednesday, February 26, 2014 : Essar Steel is expected to raise product rates by around Rs 1,000 per tonne succeeding month.
ESSAR STRATEGY IN INDIA
Reduction in waste
Fully utilization of all reources
For decades, the steel industry has been one of the toughest markets on a global scale with most steel corporations ending up in bankruptcy. Foreign and domestic competitors, management issues, environmental issues, political agenda’s and technology have had much to do with the demise and more so of the success of the steel industry. The issues that this case focus on Nucor Corporation was of:
Industry Analysis – Nucor has established itself as a leader in the steel industry through efficiency and innovation.
The extraordinary power of the steel industry to shape the life of its communities and the people in them remain...
Walton, Joe.? ?The Bessemer Steel Process.?? Forging a Future:? Pittsburgh and the Question of Progress.? The Steel Industry.? (2000):? n. pag.? Online.? Internet.? 1 Dec. 2000.? Available http://webpub.alleg.edu/employee/m/mmaniate/pittprogress/walton.html.
Carnegie became the head of the steel industry by founding the Carnegie steel company in the 1870s. He employed the use of new technology which modernized his business strategies. The use of modern technology such as the Bessemer-process among other inventions led to increased productivity, and, in turn, cheaper goods for the American public. These innovations also led to an efficient mass production of steel for railroads, positively influencing transportation as well as westward expansion. Furthermore, the speed at which the production of steel allowed for the construction of railroads instituted infrastructure necessary for the future. Carnegie’s steel industry was clearly technologically ahead of the competition of his time.
During his trips to business trips Carnegie he came to meet steel-makers. At about age 38, he began concentrating on steel, founding the J. Edgar Thomson Steel Works near Pittsburgh, which would eventually evolve into the Carnegie Steel Company.
This corporation was not always known for its manufacturing of steel. During the 1950s and 1960s
This paper will first discuss the development of the steel industry. Next, it will examine steel, and in the impact it had on the transportation industry. Finally, it will discuss systematic management practices of this time and how they gave birth to the scientific approach that is still in use today.
The group is also one of the largest manufacturers of small and medium sized steel forgings and the second largest forgings manufacturer in India.
TATA Steel. "The Facts: Behind the Figures." The Whole Story: From Cradle to Grave (2011): 10-13. Print.
As recently as six years ago, while investors were still in thrall to a dotcom bubble that had yet to burst, steel was derided as one of the last bastions of the "old" economy. Many firms in the industry were state-owned or heavily protected by governments keen to preserve assets deemed vital to national interests. Globalization had left the steel business behind. It is a measure of the changes that have swept the business since the internet bubble popped that last week Arcelor, a company created through a 2001 merger of the top French, Spanish and Luxembourg steelmakers, made a hostile bid of C$4.
The companies I have selected for this assignment is Malaysia Steel Works (KL) Bhd (5098) and Kossan Rubber Industries Bhd. (7153), both of the company is from industrial products sector and its share is traded in main market.
Aditya Birla Group is one of the first multinational corporations in India. Its headquarter is located in Mumbai with many others operations in different parts of the world such as in Asia (Thailand, Singapore, Myanmar, Laos, Indonesia, Philippines, China…), Europe (UK, Germany, Hungary, Italy, France, Luxembourg, Switzerland…), America (US, Brazil…). Throughout their growing, Aditya Birla have become well known in many sectors that they get involved in not only in India but also around the world. Back to the earlier day of the corporation, when it first founded, the group has focused on critical sector such as textiles and fibre, aluminum… and become one of the largest participant in those areas. Later on, in the 1960s, the company had expanded their business into cement and chemicals. Also, they expanded their business across the border of India into many other countries. This “revolution” has brought the name of the group into the international business map and become bigger than ever (Aditya Birla Group 2007). Today, ABG is a corporation with the consolidate revenue of 30bil with the affiliates in 45 countries and 60% of their revenue come from internationally and become one of the largest private company in the world (Aditya Birla Nuvo Limited, 2011).
To become leading alloy castings producer in India by providing qualitative products to customers and create value towards
I work for the Bethlehem Steel Company founded by Charles M. Schwab. The Bethlehem Steel Company is one of the largest steel producers in the United States. This company is actually the second largest in America and the largest shipbuilder. As a worker of this company I discovered what a monopoly is along with the many difficulties of working conditions and living conditions.