Introduction
Established
in 1907, Tata Steel is the world's 6th largest steel company with an
existing annual crude steel capacity of 28 million tonnes. Asia's
first integrated steel plant and India's largest integrated private
sector steel company is now the world's second most geographically
diversified steel producer, with operations in 24 countries and
commercial presence in over 50 countries.
Tata Steel completed 100 glorious years of existence on August 26,
2007 following the ideals and philosophy laid down by its Founder,
Jamsetji Nusserwanji Tata. The first private sector steel plant
which started with a production capacity of 1,00,000 tonnes has
transformed into a global giant .
Tata Steel plans to grow and globalise through organic and inorganic
routes. Its 5 million tonnes per annum (MTPA) Jamshedpur Works plans
to double its capacity by 2010. The Company also has three
greenfield steel projects in the states of Jharkhand, Orissa and
Chhattisgarh and proposed steel making facilities in Vietnam and
Bangladesh.
Through investments in Corus, Millennium Steel (renamed Tata Steel
Thailand) and NatSteel Asia, Singapore, the Tata Steel has created a
manufacturing and marketing network in Europe, South East Asia and
the Pacific-rim countries. Corus, which manufactured 18.3 MT of
steel in 2006, has operations in the UK, the Netherlands, Germany,
France, Norway and Belgium. Tata Steel (Thailand) is the largest
producer of long steel products in Thailand, with a manufacturing
capacity of 1.7 MT. NatSteel Asia produces about 2 MT of steel
products annually across its regional operations in seven countries.
Tata Steel, through its joint venture with Tata BlueScope Steel
Limited, has also entered the steel building and construction
applications market.
The iron ore mines and collieries in India give the Company a
distinct advantage in raw material sourcing. Tata Steel is also
striving towards raw materials security through joint ventures in
Thailand, Australia, Mozambique, Ivory Coast (West Africa) and Oman.
Exploration of opportunities in titanium dioxide business in Tamil
Nadu, high carbon ferro-chrome plant in South Africa and setting up
of a deep-sea port in coastal Orissa are integral to the Growth and
Globalisation objective of Tata Steel.
Tata Steel's vision is to be the global steel industry benchmark for
Value Creation and Corporate Citizenship.
Tata Steel is one of the few steel companies in the world that is
Economic Value Added (EVA) positive. It was ranked the "World's Best
Steel Maker", for the third time by World Steel Dynamics in its
annual listing in February, 2006. Tata Steel has been conferred the
Prime Minister of India's Trophy for the Best Integrated Steel Plant
five times.

Future Plans
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Products
Tata Steel is a global player with
a balanced presence in developed European and fast growing Asian
markets and with a strong position in the construction, automotive
and packaging markets. Its Jamshedpur steel works produces hot and
cold rolled coils and sheets, galvanised sheets, tubes, wire rods,
construction rebars, rings and bearings. In an attempt to 'decommoditise'
steel, the Company has introduced several branded steel products,
including Tata Steelium (the world's first branded Cold Rolled
Steel), Tata Shaktee (Galvanised Corrugated Sheets), Tata Tiscon (rebars),
Tata Pipes, Tata Bearings, Tata Structura, Tata Agrico (hand tools
and implements) and Tata Wiron (galvanised wire products). In the
financial year 2006-07 revenue from the sale of these branded steel
products was 26% of the company's sales revenues.
Corus' main operating divisions comprise Strip
Products, Long Products and Distribution & Building Systems
Division. Combining international expertise with local customer
service, the company supplies a range of long and strip products to
demanding customers worldwide in markets including the construction,
automotive, packaging and engineering sectors. The NatSteel group
produces construction grade steel such as rebars, cut-and-bend,
mesh, precage bore pile, PC wires and PC strand. Tata Steel Thailand
produces round bars and deformed bars for the construction industry.
Corporate Sustainability
Regarded globally as a benchmark in corporate
social responsibility, Tata Steel's commitment to the community
remains the bedrock of its hundred years of sustainability. Its
mammoth social outreach programme covers the company-managed city of
Jamshedpur and over 800 villages in and around its manufacturing and
raw materials operations through uplift initiatives in the areas of
income generation, health and medical care, education, sports, and
relief.
The Company, fully conscious of its
responsibilities to the future generations, has always taken
pro-active measures to ensure optimum utilization of natural
resources. This is reflected in the ISO-14001 certification that all
its operations have achieved for environment management. The SA 8000
certification for work conditions and improvements in the workplace
at the steel works in Jamshedpur, along with its Ferro Alloys and
Minerals Division, is a reiteration of its commitment towards the
Company's employees. Tata Steel has pioneered numerous employee
welfare measures such as the 8 hours working day and the three tier
joint consultation system of management which have been the platform
for nearly 80 years of industrial harmony in its Steel Works in
Jamshedpur.
Global Compact, United Nations - Founder member.
Awards and Recognition
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World Steel Dynamics has ranked Tata Steel as
the world's best steel maker (for two consecutive years) in its
annual listing in February 2006.
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Tata Steel has been conferred the Prime
Minister of India's Trophy for the Best Integrated Steel Plant
five times.
-
It has been awarded Asia's Most Admired
Knowledge Enterprise award in 2003, 2004 and 2006.
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Conferred the prestigious Global Business
Coalition Award for Business Excellence in the Community in
recognition of its pioneering work in the field of HIV/ AIDS
awareness.
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Tata Steel works has been conferred the
prestigious social accountability (SA) 8000 certification by
social. Accountability international (SAI), USA. It is the first
steel company in the world to receive this certificate.
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Corporate Sustainability Report of Tata Steel
hailed by United Nation's Environment Programme (UNEP) and
Standard and poor as strongest, submitted by any corporate house
from emerging economies.
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Best governed company Award 2006 for setting
high standards in governance practices.
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Tata Steel conferred Mother Teresa Award for
Corporate Citizen.
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Tata Steel won "Award for Corporate Social
Responsibility in Public health" by US- Indian Business Council
(USIBC), Population Services International (PSI) and the center
for Strategic and International Studies (CSIS) in 2007.

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