Tata Corus

CASE STUDY TATA STEELS TAKEOVER OF CORUS AND ITS STRATEGIC OBJECTIVE Tata mark Profile Tata nerve is Asias first steel company founded by Jamsetji Nusserwanji Tata in 1907 at Jamshedpur, India. Tata make is decompose of the Tata Groups Indias close respected business group and one of the largest business conglomerates. Tata Steel is currently Indias largest private steel company with a production of 8.5 million tons in in the pecuniary year 2005-06. it is also one of the worlds low-cost producers of steel. It has integrated operations across the value chain with autonomy in raw materials like iron ore and coal. As cut off of its growth plan, it acquired the steel business of Nat Steel, a Singapore Company, for US $ 486.4 min. in August 2004. Through this scholarship it entered the markets of Australia, China,Malaysis, the Philippines, Singapore, Thiland and Vietnam. It alsoacquired Millennium Steel of Thiland for US $ 404 mn. Millennium Steel is the largest steel company in Thiland with a capacity of 1.9 million tons per annum (mtpa). Through this acquisition Tata Steel annexed the three manufacturing facilities of Millennium Steel in Sarabhuri Rayong and Chonburi provinces. These deuce acquisitions improved its presence in Southeast Asia.

As part of its Greenfield Investment Plan, Tata Steel has proposed to setup facilities in Chhattisgarh, Jharkand and Orissa with a natural capacity of 23 mtpa. Tata Steel manufactures products like bearings, construction rebars, galavanized sheets, warming and cold-rolled and sheets, rings, tubes and wire rods. It owns brands like Tata Agrico, Tata Bearings, Tata Pipes, Tata Shaktee, Tata Steelium (the Worlds first mark cold steel) and Wiron. Corus Profile Corus was formed in 1999, when British Steel and Koninklijke, Hoogovens of the Netherlands linked hands. It has plants in Britain, Netherlands, Germany, France, Norway and Belgium. It steels aluminium products worldwide and employs 47300... If you want to get a full essay, order it on our website: Ordercustompaper.com

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