How A Steel Mill Works The principal consumables employed in steel production are iron ore‚ coal‚ scrap metal and electrical energy. The importance of each of these consumables depends upon the technological processes adopted at each mill. In a classic integrated mill‚ coal and iron ore are the main consumables. In semi-integrated mills‚ scrap iron is the mainstay. An integrated mill comprises four basic operations – reduction‚ refining‚ solidification‚ and rolling – to convert iron ore
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About Tata Steel Tata Steel was established in 1907 by JN Tata at Jamshedpur in Bihar‚ India. The company commenced production in 1911. In the early 1980’s‚ the company initiated a modernization program for its steel plants. By the mid 1990’s‚ Tata Steel was Asia’s first and India’s largest integrated steel producer in private sector. In 2003‚ Tata Steel declared a turnover of Rs 98.44 billion with a profit after tax of Rs 10.12 billion. Q1. Discuss the reasons for aggressive branding and marketing
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1. Company background: Mention the sectors that the company operates in‚ main products/brand names‚ market share‚ geographies of operations‚ new developments‚ main competitors etc. Which business segment and/or geographical segment - generates most revenues‚ is the most profitable‚ employs the most capital & tangible assets 2. Company Management: Board Size & Composition –is the board diverse enough with reference to Gender‚ Age‚ Educational Background‚ Experience‚ independence etc. Has the
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INDUSTRYPROFILE The Indian Stainless Steel Development Association (ISSDA) is the unifying point for the growth and development of stainless steel usage in India. Founded in 1989 by leading stainless steel producers‚ it was formed with the explicit objective of diversifying the applications of stainless steel in India and increasing usage volumes in the country. At the point of formation of ISSDA‚ the main visible application in daily life was essentially household kitchenware. It currently has
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are as follows: To analyze the top and bottom five Iron and Steel Industries in India Analyzing the trend of key ratios across the top and bottom five Iron and Steel companies in India Finding the factors responsible in the production of Iron and Steel To analyze the data of the associated factors and finding a model for demand in Indian Iron and Steel Industry in 2010 Overview The steel industry is a dynamic‚ innovative sector‚ which is constantly adapting
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Pitfalls 1. Miss-specification: Rich-Con did not hire external consultant to help with their implementation process instead they completely relied on the vendors. The vendor did not have a standard implementation methodology and did not ask question to learn about Rich-Con’s as-is process. There was no CIO to overlook the implementation process. Marty Sawyer continued to operate as CIO and president often relying on new hires to guide vendors. 2. Lack of adoption: Rich-Con did not implement
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The document‚ Steel of Storm‚ by Ernst Junger‚ an English lieutenant in the Great War- or WWI- tells the story of a young soldier in charge of leading other Englishmen to their potential deaths‚ all united by the goal of defeating the German soldiers and restoring peace to their European home. This piece explains why Junger believed his experience of fighting as an English soldier to be a positive one‚ what the average experience of a soldier in the trenches was like‚ as well as how the Great War
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Figure 1: Stress-Strain Curve – Steel 1045 Figure 2: Stress-Strain Curve – Mild Steel Figure 3: Stress-Strain Curve – Aluminium Table 1: Physical Properties of Specimens Material Initial Gauge Thickness (mm) Final Gauge Thickness (mm) Initial Gauge Width (mm) Final Gauge Width (mm) Initial Gauge Length (mm) Final Gauge Length (mm) Initial Cross-Sectional Area (mm2) Final Cross-Sectional Area (mm2) Steel 1045 6.0 5.8 12.3 11.7 50.2 57.9 73.8 67.9 Mild Steel 6.1 3.2 12.3 7.2 50.0 70.0 75
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CONTENTS Page 1. Table 3.1. 3 2. Figure 3.2 6 3. Question 2 What are the reasons for persistent excess capacity in the global steel industry? What would it take for this capacity to be eradicated? 4. Question 2 6 Do you think that the steel industry is vital to the national security Interest of the United State? If so‚ is it important to protect this industry from low cost foreign producers? 5. Question 3
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FIN 521 Corporate Finance‚ Section A Case 2. Pension Plan of Bethlehem Steel Zhineng (Jason) Luo zluo7@illinois.edu 1. The stakeholders in the defined-benefit pension plans include: (1) Plan sponsor‚ often is employer‚ who is responsible for making fixed monthly payments to plan participants from retirement until death. (2) Plan participants‚ often are current or former employees‚ who are eligible for benefits
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