MACRO AND MICRO FACTORS AFFECTING THE STEEL INDUSTRY (TATA STEEL) The world GDP‚ as reported by International Monetary Fund‚ was on an upturn‚ growing by 5% in 2010 as compared to a negative growth of 0.5% in 2009. While the growth in the advanced economies was 3.0% in 2010‚in contrast to -3.4% in 2009‚ the emerging and developing economies grew by 7.3% in 2010 when compared to the growth of 2.7% in 2009. The growth in the developing and emerging economies slowed down during the end of 2010
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I. The Mittal Steel began in the early 1970’s as a small‚ family owned company‚ based in India. However‚ due to a range of restrictive government regulations and tough competitiveness from SAIL (a state-owned firm) and Tata Steel (large privately owned firm)‚ Mittal Steel believed that the best projection of growth of the company would transpire outside of India. In 1975‚ Mittal Steel began expanding across national borders by creating and building a steel making plant in Indonesia.
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“We’RE raising the BAR.” This is Steel Asia Manufacturing Corporation’s marketing tagline to showcase their sole product – rebars. Rebars are cylindrical bars of steel used by the construction industry for building the structures of every building‚ house‚ road‚ or project that they do. The experience at Steel Asia Manufacturing Corporation exposed me to the steel manufacturing industry. The said field trip was not only very educational; is also filled with fun. As a future chemical engineer of
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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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ME2151-2 – Metallography (C8) Formal Report Objectives * To obtain experience in the metallographic preparation of metallic specimens. * To observe the various microstructures in a welded mild steel joint. Results Overview of 5 different microstructures in welded steel Detail microstructures of 5 different zones Discussion and analysis of results * The heat affected zone is a composition of parent metal which was heated to a high enough temperature for a sufficient period
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MATERIALS & METHODS – CMTM210B LECTURER: ERNEST E. ESDELLE SFTI Campus Part Time “PROPOSED OCTAGONAL STEEL ROOF” Prepared By: Farzan Mohammed – I.D 109003340 Table of Contents Introduction Page # 3 Discussion Page # 4 Standards Page # 6 Problem “Consider an octagonal steel roof with an inscribed circle of diameter 50m.The steel members must be coated to ensure durability. Choose suitable material for such a roof and indicate the joining processes
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analysis the Tata steel company and discuss the main driver function and how they responding to them. Then‚the assessment will make conclusion that the reason the Tata steel development quick . Introduction to Tata steel TATA STEEL is one of the major companies in INDIA. TATA STEEL is also call TISCO. (Tata Iron and Steel Company). The company major produces the hot and cold rolled coils‚ sheets‚ tubes‚ rods‚ bearings‚ and other equipment and services with the steel. “The Tata steel company was established
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Tata Steel Limited Tata Iron and Steel Company Limited‚ abbreviated as TISCO is an Indian multinational steel-making company headquartered in Mumbai and a subsidiary of the Tata Group. Its marketing headquarter is located at Tata Centre in Kolkata‚ West Bengal. It is the twelfth-largest steel producing company in the world Tata Steel is a multinational corporation with operations in numerous countries. Its largest plant is located in Jamshedpur‚ Jharkhand. Price Pricing Strategy: A pricing strategy
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Bethlehem Steel’s Demise Founded in 1857‚ Bethlehem Steel was America’s second largest steel producer and largest shipbuilder. It was the backbone of the first blasting furnaces‚ coal‚ nuclear reactors‚ warships‚ cargo vessels and other major infrastructural accomplishments. Bethlehem Steel was headquartered in Pennsylvania dominating the economy and small city of Bethlehem with 7200 people. It had been around for over hundred years but now is a piece of American history disappeared forever declaring
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Dong A 4/1/2012 International Marketing Plan -Vietnamese Steel Industry International Marketing Plan -Vietnamese Steel Industry Executive Summary “Quality – Prestige – Sustainable Growth” is the motto of Ton Dong A. In order to assess the viability of expanding Tong-Dong A’s expansion into the United States market this analysis covers the Environmental‚ Industrial‚ Customer and Competitive oriented aspects of the Cold Rolled Steel market in the United States. Environmentally‚ the United
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