Vision: To be a respected world class corporation and the leader in Indian steel business in quality, productivity and customer satisfaction. Steel Authority of India was incorporated on January 24, 1973.It is a public sector company, owned and operated by the Government of India. The Government of India owns about 86% of SAIL's equity and retains voting control of the company. With an annual production of 13.5 million metric tons, SAIL is the 16th largest steel producer in the world. The company has manufacturing facilities at six integrated plants.
PRODUCT LINE: SAIL's product line includes hot and cold rolled sheets and coils, galvanized sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel, alloy steels mainly used in the construction, engineering, utilities, railway, automotive, and defense industries.
SENIOR MANAGEMENT:
CHAIRMAN: Shri C S Verma
DIRECTOR (FINANCE): Shri Soiles Bhattacharya
DIRECTOR (PERSONNEL): Shri BB Singh
DIRECTOR (COMMERCIAL): Shri Shoeb Ahmed
DIRECTOR (TECHNICAL): Shri VK Gulhati
MILESTONES:
SAIL also obtained in principal clearance in October 2009 from Jharkhand government for renewal of the Budhaburu lease in Chiria/Gua which has reserves of about 810mt of iron ore.
Ranked at No. 2 among 'World-Class Steel Makers' by World Steel Dynamics, US.
A joint venture agreement was signed with Shipping Corporation of India to set up a shipping company to initially handle a part of SAIL's coal import needs.
After more than two decades of intense efforts, the company secured mining leases for Rowghat in Chhattisgarh in October 2009. Rowghat has estimated iron ore reserves of 500mt and will meet Bhilai Steel Plant's needs for the next 30 years.
IMPORTANT DATES:
1993: India sets plans in motion to partially privatize SAIL
1999: The Company posts losses as a result of an industry downturn.
2003: SAIL's output surpasses ten million tons of saleable steel.
MAJOR COMPETITORS
Arcelor-Mittal
Tata Steel Limited
JSW
Key investment risk in SAIL is unexpected fall in steel prices would adversely impact earnings.
JINDAL STEELS PRIVATE LIMITED
COMPANY: Jindal Organization, set up in 1970 by the steel visionary Mr. O.P Jindal is today a multi-billion, multi-locational and multiproduct steel conglomerate.The organization is still expanding, integrating and growing. The group has been technology driven and has a broad product portfolio. It started as a steel manufacturing company, enhanced its position as a major steel producer and diversified into various other sectors such as Mining, Power Generation and Trading, Petroleum, Cement and Infrastructure. Yet the focus at Jindal has always been steel.
Jindal Stainless is a ISO: 9001& ISO: 14001 company is the flagship company of the Jindal Organization. From mining of iron-ore at a single unit steel plant in Hisar, Harayana, the company has grown into the manufacturing of value added steel products. It has a pre-eminent position in the flat steel segment in India and also operates across Asia, Africa, South America and Georgia. It is today one of the world's most admired and respected groups within the steel fraternity and the largest private sector investor in the state of Chattisgarh.
VISION: "To strengthen India's industrial base and improve Quality of life through Sustainable Development approaches". It believes in innovation, adaptation of new technology with the collective skills of its 15,000 strong, committed workforce. In lieu with the National Steel Policy 2005, JSPL has adopted technologies that optimize resource utilization and that minimize damage to the environment at various stages of steel making and mining. It makes sure that its technology is in sync with the natural resource endowments of the country.
PRODUCT LINES: The Company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
SENIOR MANAGEMENT:
Savitri Jindal Chairman / Chair Person
Ratan Jindal Director
Anand Goel Joint Managing Director
A K Mukherji Whole Time Director
Naveen Jindal Exec. Vice Chairman &Mang Dir
Vikrant Gujral Vice Chairman &CEO
ACHIEVEMENTS: JSPL has India's only composite stainless steel plant for the manufacture of stainless steel slabs, continuous cast blooms, hot rolled and cold rolled coils, 60% of which are exported. It is the exclusive producer of stainless stell strips for making razor blades and surgical blades. The company maufactures customized products for critical nuclear applications and tailor made products which are used in steam and gas turbines and other engine components.
JSPL has also worked for the welfare of the community at large. Wherever it sets up base, it makes true the aspirations of the towns it owns. This is especially true in the areas of education, health and infrastructure facilities. The 500-bed N C Jindal Hospital at Hisar, O P Jindal Institute of Technology at Rajgarh and the N C Jindal Public School are some examples. Another milestone in the field of community development was accomplished when in December 1998; Adult Education classes were started in Berhana village. The company has won several awards for its efficient operations and commitment to environment and safety.
ESSAR STEEL
STEEL INDUSTRY: India is the 5th largest steel producing country in the world with a share of nearly 3.2% in the total world steel production.
ESSAR STEEL LIMITED:
BSE: 500627, NSE: ESTL
Essar steel,part of Essar group was established in the year 1976.The registered office of the company is in Gujarat and the corporate office is in Mumbai.Essar steel is a fully integrated company with flat carbon steel manufacturing to ready to market products. Currently it is operating at a capacity of 8.6 million tonnes p.a
PRODUCT LINE: Essar Steel has three broad product categories. Namely,
HOT ROLLED PRODUCTS: These are further divided into:
Coils
Plates
Sheets
Shot blasted and primed
COLD ROLLED PRODUCTS
GALVANISED PRODUCTS
MANAGEMENT OF THE COMPANY:
Chairman:MR.SHASHI RUIA
Ceo,Essar steel India:MR.DILIP OOMMEN
Cfo:MR.MAHADEV IYER
Cio:MR.SUNIL ARADHYE
PLANTS:
Hazira steel complex
Hazira pipe line
Vizag pellet complex
Paradeep
MILESTONES:
Essar was the first company in the private sector that was permitted by the government to set up a 2 million steel plant.
Essar steel is the only Indian company to receive the prestigious TUV Rhineland certificate for quality plates.
Essar steel is the largest exporter of flat products in India.
ESSAR STEEL'S SETBACK:In 2002 it defaulted the international debt repayment,and had to pay the entire debt of Rs.2800 under the CDR[corporate debt restructuring}
FINANCIAL INSTRUMENTS USED:
Equity shares
Redeemable preference shares
Convertible debentures with warrants etc
TATA STEEL
COMPANY: Tata steel, the part of Tata Group of companies, formerly known as TISCO or, Tata Iron & Steel Company limited, established in 1907 by Jamsetji Nusserwanji Tata. It is the largest private sector Indian steel company and has sixth position in world's steel industry. Its annual crude steel capacity is 31 million tonnes. it has its registered office in Mumbai and major plant is in Jamshedpur, Jharkhand. It has a balanced global presence in over 50 developed European and fast growing Asian markets, with manufacturing operations in 26 countries. It is the first integrated steel plant in Asia and is now the world's second most geographically diversified steel producer and a Fortune 500 Company.
PRODUCT LINE:
Tata steel has a wide range of product line. Such as
Hot and cold rolled coils and sheets
Galvanised sheets, tubes, wire rods
Tata Steelium (the world's first branded Cold Rolled Steel)
Tata Shaktee (Galvanised Corrugated Sheets)
Tata Tiscon (re-bars)
Tata Structura (contemporary construction material)
SENIOR MANAGEMENT:
Ratan Tata - Chairman
B Muthuraman - Vice Chairman
H.M.Nerulkar - Managing Director
COMPETITORS:
As steel industry is expanding with much greater pace, the competition in this field is also getting tough. The major players excluding Tata steel in this field are Mittal Steel Company N.V.Daido Steel Co. Ltd., Steel Authority of India Ltd., Jindal Vijaynagar Steel Ltd., Essar Steel Limited.
MERGERS AND ACQUISITIONS AND JOINT VENTURES:
In 2005, Tata Steel acquired 40% Stake in Millennium Steel based in Thailand for $130 million.
In 2007, tata steel acquired 100% stake in anglo-dutch steel maker 'corus'.
Dhamra port company,Orissa-joint venture Larsen & toubro ltd. And tata steel ltd.
Mjunction-ecommerce steel company started by Steel Authority India Ltd. And Tata steel ltd.
MILESTONES:
Tata steel has been performing well since its inception. Its total revenue for 2009 was US$32.77 billion. The company was also recognized as the world's best steel producer by World Steel Dynamics in 2005.it was ranked 258 in fortune global 500.
BHUSHAN STEEL
STEEL INDUSTRY: The steel industry has come a long way since independence. Today steel is an important consideration in analyzing the economic development of a country.
BHUSHAN STEEL LTD:BSE: 500055, NSE:BHUSANSTL
The company started its operations on 7th Jan 1983 with the name "JAWAHAR METAL INDUSTRIES PRIVATE LIMITED". The entire share capital and the management of the company was taken over by BRIJ BHUSHAN SINGAL and his sons SANJAY SINGAL AND NEERAJ SINGAL on 4th Jan 1987.In 2007 the company changed its name to BHUSHAN STEEL LTD.
PRODUCT LINES: It manufactures the following products,
Hot rolled coil
Pig iron
Wire rods
Alloy steel rounds
Colour coated coils
Precision tubes
Galvanized coil and sheet
MANUFACTURING UNITS: It has the following plants located across India.
KHOPOLI PLANT,MAHARASTRA
SAHIBABAD PLANT,UTTAR PRADESH
MERAMANDALI,ORISSA
SENIOR MANAGEMENT:
Chairman: SH.SANJAY SINGAL
Vice person & whole time Director: MS AARTI SINGAL
Whole time director {commercial}: SHRI.H.C. VERMA
Whole time director {marketing}: SHRI.R.N YADAV
Director {finance}: NITIN JOHRI
FINANCIAL INSTRUMENTS USED:
EQUITY SHARES
UNSECURED FULLY CONVERTIBLE DEBENTURES
CONVERTIBLE DEBENTURES WITH DETACHABLE WARRANTS.
MILESTONES:
By technically tying up with 'SUMILTOMO METALS, JAPAN' Bhushan steel has set up the first high tech plant for the automobile sector in 1996.
It is the third largest producer of Cold Rolled Steel in India.
It is the only company that has an independent line for manufacturing Cold Rolled Coil and Sheet.
Bhushan steel acquired Australia's exploration firm, 'BOWEN ENERGY' for thermal and coking coal.
It has launched Galume-zinc and aluminium coated sheet the first of its kind in India.
CONCLUSION: With the value added services of Bhushan steel its prospects are bright for the future.
