Nucor Corporation Introduction Nucor Corporation‚ the largest U.S. mini-mill‚ continues to gain market share in flat roll and strip steel. Recent successful acquisitions‚ application of new technologies‚ prospects for global growth‚ a strong balance sheet‚ as well as improved economic outlook for the steel industry‚ make Nucor an attractive buy with a near term stock price target of $65 to $70. Background Nucor Corporation (NUE) was founded by auto manufacturer Ranson E. Olds. Through a
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Tata Iron and Steel Company was established by Dorabji Tata on August 25‚ 1907‚ as part of his father Jamsetji’sTata Group.[11][12][13] By 1939 it operated the largest steel plant in the British Empire. The company launched a major modernization and expansion program in 1951. Later‚ the program was upgraded to 2 MTPA project. In 1990‚ it started expansion plan and established its subsidiary Tata Inc. in New York. The company changed its name from TISCO to Tata Steel in 2005.[14] In August 2004‚
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BIS CODE : INDIAN STANDARD for Structural Engineering IS: 800-1984 Code for practice for general construction in steel. SP6 (1) Handbook for structural steel sections. SP:6(5)-1980 Hand book for Cold formed‚ Light Gauge steel structures. SP:6(6)-1972 Handbook for application of plastic theory in design of steel structures. SP:6(4)-1969 Project & Construction Management for Large Industrial Projects. IS: 206 -1992 (4th Rev) Tee & strap hinges - Specification. IS: 459 -1992
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and Steel structure? And for what purposes is it better to use concrete or steel structures? Concrete is the second most used material for construction after water in the world. Concrete is widely used in today construction industry because of its durability and compatibility. It can be mounded in any shape which makes it a very useful. In addition to the unique aesthetics achieved with concrete construction. Steel has the highest strength-to-weight ratio of any construction material. steel used
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drove Mittal Steel to start expanding across national borders? Mittal Steel started expanding across national borders due to government regulations along with tough competition from SAIL and Tata Steel. Mittal Steel believed that it would be more likely to experience growth if the company would transpire outside of India. The company made its first move in 1975 when it set up a steel-making plant in Indonesia. 2. Mittal Steel expanded into different nations through merges and acquisitions‚ as opposed
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Maintaining consistent growth and supremacy in a competitive market: Challenges & Strategy of SAIL With exponential growth in the global economy many new challenges are emerging in the corporate world. The explosion of investment in the industry world wide demands high levels of competencies to reap fruitful benefits. In spite of many all round reforms‚ the industry is unable to meet the extremely large numbers and complex variety of challenges that have cropped up in view of the sky rocketing
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above complex approach actually worked‚ over these four years? What was the outlook (as of the case date) for further progress in this matter? In 1975 Chaparral Steel commissioned minimill and started production. Minimills are different from traditional integrated steel plants. In minimill an Electric Arc Furnace (EAF) is used for steel making purpose and in downstream long product is made using rolling mill. The advantage of minimill is it requires less capital investment and a good solution when
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case of Tata Steel acquiring Corus throws up several interesting questions on emerging multinationals and traditional multinationals in the steel industry and particularly the complexities of the acquisition in the above context. What has been surprising in the above case is that how could a small steel maker‚ Tata Steel from a developing country like India buy up a large steel company‚ Corus PLC from the United Kingdom. Prior to the acquisition‚ Corus was four times bigger than Tata Steel. However‚
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Carbon steel is steel in which the main interstitial alloying constituent is carbon in the range of 0.12–2.0%. The American Iron and Steel Institute(AISI) defines carbon steel as the following: "Steel is considered to be carbon steel when no minimum content is specified or required for chromium‚cobalt‚ molybdenum‚ nickel‚ niobium‚ titanium‚ tungsten‚ vanadium or zirconium‚ or any other element to be added to obtain a desired alloying effect; when the specified minimum for copper does not exceed 0
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ALLOY STEELS I. A. ALLOYING ELEMENTS Any metallic element added during the making of steel for the purpose of increasing corrosion resistance‚ hardness‚ or strength. The metals used most commonly as alloying elements in stainless steel include chromium‚ nickel‚ and molybdenum. Characteristic of alloying elements Very important elements for alloy steels are manganese‚ nickel‚ chromium‚ molybdenum‚ vanadium‚ tungsten‚ silicon‚ copper‚ cobalt and boron. All commercial steels contain 0‚3-0
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