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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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
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Table of Contents Issue #1 Percentage use of Production Capacity Nucor steel has the largest production capacity capability in North America. However‚ they have some deficiencies in this area in that in 2010 they utilized just 70 percent of capacity‚ though it increased in 2011 it was still just 74 percent. Gaining greater production efficiency will reduce costs and in turn increase the profitability of the company. Issue #2 Rising Scrap Metal Prices Nucor maintains its competitive
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In the stories‚ “The Storm” and “A Rose for Emily” the two main characters‚ Calixta and Emily‚ go with men outside of marriage. Calixta is married and has an affair while Emily is not married and is involved with Homer. In the story “The Storm” by Kate Chopin‚ Calixta is forced to stay in the house with Alcee because of the rainstorm while Babinot and Bibi are stuck at the store. Calixta was so worried and frightened by the storm that Alcee took it upon himself to comfort her. “She would not
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Storm at Sea Essay Storm at Sea by Amar Qamar symbolizes life’s ups and downs. The poem is written to describe a ship being thrown around at sea‚ and sailors battling for their lives. The sailors’ struggles are meant as a metaphor stating that life will put you through hell at times so enjoy the good times while you can. Amar’s aim in writing this poem is to communicate a message imposing that life is a rollercoaster. No matter how hard life gets a pot of gold is at the end of the rainbow- there
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Danielle Steel Danielle Fernande Steel is a romance novelist who has been and continues to be very successful in her career. To know Steel better‚ it is important to look at her background‚ family values‚ literary works‚ awards‚ and foundations she has created. Danielle Steel was born on August 14‚ 1947 in New York City. She is the daughter of John and Norma Schuelin-Steel. Steel is an only child whom lived alone with her father from the age of six. She “was a serious child‚ read constantly
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How do concrete and steel compare in the construction of large commercial buildings? Office buildings‚ Hotels‚ Sports Complexes‚ and other buildings have the purpose of bringing people inside. The goal is to keep occupants comfortable and safe‚ while keeping the cost associated withe the construction and maintenance of the building low. Both materials have advantages and disadvantages. However‚ when it comes right to it‚ the differences between the tow materials balance themselves out . There is
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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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pros and cons of weathering steel:: "Weathering" means that due to their chemical compositions‚ these steels exhibit increased resistance to atmospheric corrosion compared to unalloyed steels. This is because the steel forms a protective layer on its surface under the influence of the weather. The corrosion-retarding effect of the protective layer is produced by the particular distribution and concentration of alloying elements in it. The layer protecting the surface develops and regenerates
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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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