Tata Steel’s position vis-à-vis world steel majors
World Steel Dynamics (WSD) a well known international body studies the competitiveness of the steel plants across the world based on some key parameters of competitiveness such as operating cost, profitability, balance sheet, dominance, market growth, technological revolution, etc. Tata Steel has been amongst the top five steel makers in the world for the last six years & has been in top position in recent consecutive years given in Table 6.12.

Table 6.12: Tata Steel's position vis-a-vis world steel majors

Ranking

2001

2002

2003

2004 2005 2006
1 Tata Steel Posco Posco Posco Tata Steel Tata Stell
2 Usnior Nucor Bao Steel Severstal Posco Posco
3 Posco Tata Steel Tata Steel Bao Steel Severstal Bao Steel
4 Gerdau Gerdau Nucor Tata Steel Bao Steel Severstal
5 Nucor Bao Steel Gerdau BlueScope Mittal Nucor*
No. of steel makers
considered for WSD
ranking
12 13 20 21 23 22
N.B: Position 5 has 2 companies: Nucor, USA and Arcelor.

ADVERTISING ETHICS (PR9 & PR10)
Tata Steel advertises for its corporate image during the reporting year and product promotion. The advertising agencies subscribe to the ethical standards advocated by Advertising Standard Council of India. No breach of advertising and marketing regulations was brought to the notice of Tata Steel during the reporting period.

RESPECT FOR PRIVACY (PR3 & PR11)
Privacy related to consumer information, such as, specifications of special products developed for specific consumers are protected through confidentiality agreements.

There was no substantiated complaint regarding breach of consumer privacy against Tata Steel during the reporting period.