Just about two kilometres away from the air-co
nditioned comfort of the Centre for Excellence is blast furnace #7, where the elegance morphs into fire, noise, smoke, heat and soot that cling to your clothes like a persistently bad dream. Here, Maintenance Foreman Shiv Shankar Roy, with a hard hat (we too were asked to wear hard hats as a safety measure) shouts loudly about how coal, iron ore and flux are mixed together to eventually create steel through a magical technologically efficient process... a process that most ironically, has been destroying the very legacy Tata Steel stood by with passionate commitment all these years!
At $81 per tonne slab cost, India is the lowest cost steel producer in the world (compared to $100 in North America; even China, at $87, is costlier; World Steel Dynamics report), and Tata Steel, one of the lowest – if not already ‘the’ lowest – cost steel producers in the whole world. And they’ve managed this not only by successfully killing legacy plant and machinery (and moving on to the most efficient ones by investing thousands of crores) but by accepting gut wrenchingly that those days of patronising the ‘family way of employment’ is, in one word, dead!
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
nditioned comfort of the Centre for Excellence is blast furnace #7, where the elegance morphs into fire, noise, smoke, heat and soot that cling to your clothes like a persistently bad dream. Here, Maintenance Foreman Shiv Shankar Roy, with a hard hat (we too were asked to wear hard hats as a safety measure) shouts loudly about how coal, iron ore and flux are mixed together to eventually create steel through a magical technologically efficient process... a process that most ironically, has been destroying the very legacy Tata Steel stood by with passionate commitment all these years!At $81 per tonne slab cost, India is the lowest cost steel producer in the world (compared to $100 in North America; even China, at $87, is costlier; World Steel Dynamics report), and Tata Steel, one of the lowest – if not already ‘the’ lowest – cost steel producers in the whole world. And they’ve managed this not only by successfully killing legacy plant and machinery (and moving on to the most efficient ones by investing thousands of crores) but by accepting gut wrenchingly that those days of patronising the ‘family way of employment’ is, in one word, dead!
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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