HIsarna – Developing a Sustainable Steel Production Process
| Case Code: OPER144 Case Length: 15 Pages Period: 2011-2017 Pub Date: 2020 Teaching Note: Available |
Price: Rs.400 Organization: Tata Steel Industry: Metals & Mining Countries: India, Germany, The Netherlands, France, Germany, UK Themes: Project Management, Production Management, Sustainable Production, Production Technology |
Abstract Case Intro 1 Case Intro 2 Excerpts
Tata Steel
Tata Steel is a part of India-based conglomerate Tata Group. Founded in 1868 as a trading company, the Tata Group had operations in more than 100 countries as of 2018. The Group had featured on the list of the world's most reputable and most innovative companies for several years. Tata Sons Private Limited is the holding company of the Tata Group and 66% equity capital of Tata Sons is held by philanthropic trusts.
The Tata Group always strove to do business in a sustainable manner. In the mid-2000s, the Group introduced a policy to measure its carbon footprint. It was active in climate advocacy and also began measuring its water footprint in 2012. In 2014, a new organization, the Tata Sustainability Group, was formed to partner with other Tata companies in their CSR initiatives.
Tata Steel was incorporated in 1907 in India as Tata Iron and Steel Company Ltd and commenced its Blast Furnace operations in 1911. In 1918, it established India's first steel plant. In 1984, it introduced Basic Oxygen Furnace (BOF) steelmaking, where liquid steel was produced in 45 minutes. It then went on to introduce new technologies like Hot Strip mill, Cold rolling mill, etc. The company also expanded globally through joint ventures and acquisitions. These included a joint venture with Blue Scope Steel, in Australia; a joint venture with Nippon Yusen Kabushiki Kaisha in Japan; the Mozambique coal project in association with Riversdale Mining; a venture with the state owned company for mineral development in the Ivory Coast for the development of iron ore deposits in Mount Nimba; and a joint venture with New Millennium Capital, Canada, for developing iron ore products...
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