The Year at a Glance
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5.177 mt hot metal produced |
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4.729 mt crude steel |
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4.520 mt of saleable steel |
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13% ash in clean coal
achieved |
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Investment in Australia for
coal |
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Investment in Thailand for
Limestone |
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New joint venture with
BlueScope Steel |
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New Company to build Dhamra
Port |
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Three MoU in Jharkhand,
Orissa and Chhattisgarh |
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Board approves placement of
orders for Orissa plant |
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Tata Iron & Steel
Company Limited rechristened Tata Steel Limited |
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New venture in steel
retailing through steeljunction |
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Launch of Tata Structura
brand |
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Tata Steel ranked 5th among
top performers in Asia by BusinessWeek |
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World Steel Dynamics
declares Tata Steel World’s Best Steelmaker |
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all of us have been responsible for taking this Company forward, I want to tell you that
90% of your mind must get occupied with what we are going to do in the next 5 and 10
years.”
FY 2005-06 was a
difficult year for all steel companies worldwide, with prices falling, margins and profits
for all companies came under tremendous pressure. Each of them was thus, focussing on
arresting the profitability of the previous year. Tata Steel is possibly the only steel
company, which maintained its profit. It did so by the effort put in by its entire team to
increase volumes, improve product quality, reduce cost and enhance equipment availability.
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“In
FY 05-06, Tata Steel is possibly the only steel company in the world, which maintained its
profit.” |
- Mr B
Muthuraman |
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