Company Profile


Tata Steel - An Organisational Profile

Established in 1907, Tata Steel is Asia's first and India's largest private sector steel company. Tata Steel is among the lowest cost producers of steel in the world and one of the few select steel companies in the world that is EVA+ (Economic Value Added).

Its captive raw material resources and the state-of-the-art 5 MTPA (million tonne per annum) plant at Jamshedpur, in Jharkhand State, India give it a competitive edge. Determined to be a major global steel player, Tata Steel has recently included in its fold NatSteel, Asia (2 MTPA) and Millennium Steel (1.7 MTPA) creating a manufacturing network in eight markets in South East Asia and Pacific rim countries. Soon the Jamshedpur plant will expand its capacity from 5 MTPA to 7 MTPA by 2008. The Company plans to enhance its capacity, manifold through organic growth and investments. The Company's wire manufacturing unit in Sri Lanka is known as Lanka Special Steel, while the joint venture in Thailand for limestone mining is known as Sila Eastern.

Tata Steel's products are targeted at the quality conscious auto sector and the burgeoning construction industry. With wire manufacturing facilities in India, Sri Lanka and Thailand, the Company plans to emerge as a major global player in the wire business.

While the Company is focused in the pursuit of its operational goals, it is also committed to being a good corporate citizen. Tata Steel extends support to the economically underprivileged not by charity but by strengthening and empowering them with expertise and knowledge. It community outreach programmes covers the Tata Steel managed city of Jamshedpur and over 600 villages in and around its manufacturing and raw materials operations.

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Other Projects:

India

  • 1.2 MTPA Metcoke project in West Bengal
  • Deep sea port in Dhamra, Orissa
  • Titanium Dioxide project in Tamil Nadu
  • Joint Venture with BlueScope Steel for metallic coating and painting steel unit

Overseas:

  • Development of a source of low ash coal from Queensland, Australia
  • Ferro Chrome production in Richards Bay, South Africa

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FUTURE PLANS

Steel Plant Projects:

India:
The Company has embarked upon setting up three green field steel plants in eastern India:

  • 12 MTPA* plant in Jharkhand
  • 6 MTPA plant in Orissa
  • 5 MTPA plant in Chhattisgarh
  • Jamshedpur Steel Works will become a 7 MTPA unit by 2008.
    *MTPA = million tonnes per annum

Overseas:

  • 3 MTPA in Iran
  • 2 MTPA in Bangladesh

Products

Tata Steel's products include 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 brands like Tata Steelium (the world's first branded Cold Rolled Steel), Tata Shaktee (Galvanised Corrugated Sheets), Tata Tiscon (re-bars), Tata Bearings, Tata Agrico (hand tools and implements), Tata Wiron (galvanised wire products), Tata Pipes (pipes for construction) and Tata Structura (contemporary construction material). The company has launched the Customer Value Management initiative with the objective of creating complete understanding of customer problems and finding solutions jointly. The company's Retail Value Management addresses the needs of distributors, retailers and end consumers. The company has also launched India's first steel retail store - steeljunction - for making steel shopping a happy and memorable experience.

Strategic Business Units

Apart from the main steel division, Tata Steel's operations are grouped under the following strategic business units.

  • Bearings Divisions: Manufactures ball bearings, double row self-aligning bearings, clutch release bearings and tapped roller bearing for two wheelers, fans, water pumps, etc.

  • Ferro Alloys and Minerals Division: Operates chrome mines and has unit for making ferro chrome and ferro manganese. Its one of the largest players in the global ferro chrome market.

  • Rings and Agrico Division: The ring plant manufactures forged and rolled rings for bearings and automotive components.

  • Tata Agrico is the first organized manufacturer in India of hand tools and implements for application in agriculture.

  • Tata Growth Shop (TGS): Has designed, developed, manufactured, erected and commissioned thousands of tonnes of equipments ranging from overhead cranes to high precision components, including a rocket launch pad for the Indian Space and Research Organization.

  • Tubes Division: The biggest steel tube manufacturer with the largest market share in the country, it aspires to strengthen its market presence by expanding and modernizing its commercial and precision tube manufacturing capacity.

  • Wire Division: A pioneer in the manufacture of steel wires in India, it produces coated and uncoated wires, branded as Tata Wiron. The division also operates a wholly owned subsidiary in Sri Lanka.

  

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Subsidiary / Associates / JVs

The Tinplate Company of India Ltd
          35% market share in industry

Tayo Rolls Ltd
          Country's leading roll manufacturer and supplier

Tata Ryerson Ltd
          In the business of steel processing and distribution

Tata Refractories Ltd
          The largest producer of refractories in India

Tata Sponge Iron Ltd
          Has an installed capacity of 240,000 tonnes

Tata Metalliks Ltd
          Among the top wealth creators in the country

Tata Pigments Ltd
          Produces synthetic iron oxide pigments

Jamshedpur Injection Powder Ltd
          Produces 15,000 tonnes of de-sulphurising compounds per annum

TM International Logistics Limited
          Services include material handling and port operations

Indian Steel and Wire Products
          Comprises a wire unit and a steel rolling manufacturing unit

metaljunction.com
          Provides e-business services and solutions to Indian industry

Dhamra Port
          Deep drafted port project, a 50:50 JV between Tata
          Steel and L&T

TRF Ltd
          An engineered-to-order equipment and systems provider

Jamshedpur Utility and Service Company
          The country's first municipal and civic services enterprise

Hooghly Met Coke and Power Co
          For met coke and power generation

Tata BlueScope
          Metallic coating and painting facility

 

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ASSOCIATES & SUBSIDIARIES- Overseas

Lanka Special Steel Limited
          A wholly owned subsidiary it is the only unit in Sri Lanka manufacturing galvanized wires

Sila Eastern Company Limited
          A 49% joint venture to undertake development of limestone mines in Thailand

NatSteel Asia
          Presence in six countries in S E Asia and China, mainly long products

Millennium Steel, Thailand
          Long products rolling

 

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AWARDS & RECOGNITIONS

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.

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 and 2004.

Global Compact, United Nations -

  • Founder member
  • 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.

  • Jamshedpur city has been chosen to participate in the UN Global Compact Cities Pilot Programme.

Its steel works, mines and collieries and civic services in Jamshedpur are ISO 14001 certified for Environment Management.

The Company's steel works is the first in the world to be conferred the SA 8000 certification for work conditions and improvements in the workplace. It's Ferro Alloys and Minerals Division is also SA 8000 certified.

According to the UNEP and Standard & Poor's survey, the Corporate Sustainability Report filed by Tata Steel, according to the Triple Bottom Line Reporting Initiative, is the strongest by any corporate in the emerging economies and the Top Reporter in corporate India.

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