Beruflich Dokumente
Kultur Dokumente
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Agenda
Integration
Tata Steel 9 months Performance
Corus Performance 2007 & Guidance
Outlook
2
Rationale for acquisition
Synergies
Raw material integration
New markets
Global scale / internationalisation
3
Integration
Synergies Achievements to Date
4
Audited by Deloitte
Management Structure
MD CEO
Technology & Integration *
COO Finance * COO
Strategy *
Communications
Director South East Asia Global Minerals Strip Products Division Director
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Strategy & Integration Committee (*) Members of Tata Steel and Corus Executive Committees
Raw material security
Mozambique Coal Project
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Raw material security
Iron Ore Project in Ivory Coast
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Raw material security
Coal Joint Venture in India
Operating Performance
Financial Performance
Financing Issues Update
Update on Growth Projects
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Key highlights (9 Months - FY 2007-08)
Tata Steel Limited (Standalone Company)
Profit After Tax up by 12% at Rs. 3,482 crores (USD 882 million)
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Operational Highlights Apr - Dec (FY 08 vs FY 07 )
9M FY 08 9M FY 07
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Steel Sales Apr- Dec (FY 08 vs FY 07 )
3.53 mill ton A-Dec FY 07 3.50 mill ton A-Dec FY 08
Semis,
27,583 , 1% Semis, 26,089
HR, , 1%
1,007,017 , HR, 1,005,216
Longs, 28% Longs, , 29%
1,239,632 , 1,168,827 ,
35% 32%
Galv, 373,136
CR, 929,521 ,
, 11%
Galv, 27%
CR, 908,021
351,213 , , 26%
10%
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Marketing and Operating Highlights
Long Products
Converted Institutional segment
customers to superior strength rebars
(Grade Fe500) to create a differentiation
with regard to secondary market.
Launched ‘TATA TISCON SD’ seismic
resistance rebar in the retail segment
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Marketing and Operating Highlights
Flat Products
Automative
International global majors like Nissan , Volkswagen ,
Renault have identified Tata Steel as their local steel
partners for their projects in India
New Products developed for Wheel segment , Toyota and
Honda
Skin Panel approvals obtained form Hyundai & Ford
Tata Shaktee
40% increase in price premium over Fy07
Higher sales of wider & highly profitable products (80% in
FY08 compared to 69% in FY07)
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Operational Performance
3.24 90 84
3.08
3
500
490 497
400
1
0 300
Apr-Dec '06 Apr-Dec'07 Apr-Dec'06 Apr-Dec'07
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Coke Rate Coal Injection
Operational Performance
6
350
5
300
4
250 3
2
200
1
150 0
Apr-Dec'06 Apr-Dec'07 Apr-Dec'06 Apr-Dec'07
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Operational Performance
7
5.68 5.75 300
6
5 250
4
200
3
2
150
1
0 100
Apr-Dec'06 Apr-Dec'07 Apr-Dec'06 Apr-Dec'07
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Key Financial Highlights
4.79 3.50
12,862
Q4 1.26
(1,729) Q3 1.23 1.24
Q2 1.18 1.22
Q1 1.12 1.04
March 2007 December 2007 2006 2007
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Tata Steel Limited -Key Financial Ratios
Power System
Commissioning by Q1 2008-09
of Rs 4550 crore
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Key Strategic Actions
2.9 mtpa Expansion Plans
Capacity Increase: HRC - 2.34 mtpa & Slab - 0.5
mtpa
Broad facilities:
Upgradation of existing Blast Furnaces
Setting up of Pelletising plant
New Steel Making shop of 2.4 mtpa
Thin Slab Caster and Rolling Mill, 2.34
mtpa
Contracts signed for supply of major equipments
Civil work for LD 3 commenced
Commissioning of 1st strand expected in Oct 2010
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Project Cost to complete Rs 9156 crore
Key Strategic Actions
-Orissa Project
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Key Strategic Actions
-Orissa Project
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Key Strategic Actions
-Jharkhand Project
Feasibility Study
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Financing Update
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Corus Guidance and Performance
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Corus Guidance and Performance
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Worldwide steel demand
10% 9%
2,000 8% 10%
8%
7% 7% 7%
6%
6%
1,500 5%
2%
2%
1,000 -2% 0%
China
RoW
500 -5%
Other Asia
USA
EU 27
0 -10%
'97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08
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Capacity utilisation
High but expected to ease
Global excess effective capacity and utilisation
350 100%
300 Utilisation
95%
250
93%
90%
200 91% 91%
Excess
88% Capacity
90%
effective 89% utilisation
capacity 150 88% (%)
(mt) 85%
84%
100 84%
83%
80%
50
79% 80% 79%
Excess effective capacity
0 75%
'96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08
Kt Months Supply
4.4
2,800 4.2
4.0
2,600 3.8
3.6
3.4
2,400
3.2
3.0
2,200
2.8
2.6
2,000 2.4
2.2
1,800 2.0
Jun-04
Jun-05
Jun-06
Jun-07
Mar-04
Sep-04
Dec-04
Mar-05
Sep-05
Dec-05
Mar-06
Sep-06
Dec-06
Mar-07
Sep-07
Stocks in kt Stocks in months of sales
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Selling Prices
HRC by Region – US$/t
800
600
400
200
2008 Q1
2003
2004
2005
2006
2007
UK Germany USA Asia Import China 33
Selling Prices
German HRC – €/t
550
450
350
250
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
2005 2006 2007 2008
Actual/LV FC3 34
Conclusion
Integration well on track with good progress on synergies, raw
schedule
increase
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Disclaimer
Statements in this presentation describing the Company’s
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Thank You
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