Market Structure of Steel Industry
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 and Economics of Scale:
Market Structure of steel industry:
Price Discrimination in the Steel Market
SWOT Analysis of Steel Industry:
Indian Steel Industry a Bright Future
Understanding the Steel industry using Michael Porter’s Five Forces Model
Suggestions
Road Ahead
Major Steel Producers
Introduction
India has acquired a central position on the global steel map with its giant steel mills, acquisition of global-scale capacities by players, continuous modernisation, and improvement in energy efficiency. Steel companies from across the world have shown interest in the Indian steel industry due to its phenomenal performance. In India, the steel industry plays a significant role in the economic growth. India is world's fourth largest crude steel producer in 2011-12 with 89 million tonnes (MT) as per provisional data and is expected to become the second largest producer of crude steel in the world by 2015-16. India is also the world's largest producer of sponge iron with a host of coal based units, located in its mineral-rich States. The major contribution of the steel industry focuses on strengthening the sectors, such as infrastructure, constructions, automobile, transportation, industrial applications etc.
Tata Steel has been named among the world's most ethical companies by an American think tank, Ethisphere Institute. Ethical business principles and practices have been the key differentiators
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 and Economics of Scale:
Market Structure of steel industry:
Price Discrimination in the Steel Market
SWOT Analysis of Steel Industry:
Indian Steel Industry a Bright Future
Understanding the Steel industry using Michael Porter’s Five Forces Model
Suggestions
Road Ahead
Major Steel Producers
Introduction
India has acquired a central position on the global steel map with its giant steel mills, acquisition of global-scale capacities by players, continuous modernisation, and improvement in energy efficiency. Steel companies from across the world have shown interest in the Indian steel industry due to its phenomenal performance. In India, the steel industry plays a significant role in the economic growth. India is world's fourth largest crude steel producer in 2011-12 with 89 million tonnes (MT) as per provisional data and is expected to become the second largest producer of crude steel in the world by 2015-16. India is also the world's largest producer of sponge iron with a host of coal based units, located in its mineral-rich States. The major contribution of the steel industry focuses on strengthening the sectors, such as infrastructure, constructions, automobile, transportation, industrial applications etc.
Tata Steel has been named among the world's most ethical companies by an American think tank, Ethisphere Institute. Ethical business principles and practices have been the key differentiators