DOCSLIB.ORG

Printmgr File

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Printmgr File LETTER OF OFFER Dated November 07, 2007 For Equity Shareholders of the Company only LIMITED (Originally incorporated on August 26, 1907 under the Indian Companies Act, 1882 as The Tata Iron and Steel Company Limited and name was changed to Tata Steel Limited with effect from August 12, 2005) Registered Office: Bombay House, 24 Homi Mody Street, Fort, Mumbai 400 001, Maharashtra, India Tel. no. (91 22) 66658282 Fax no. (91 22) 66657724 Contact Person: Mr. J. C. Bham, Company Secretary and Compliance Officer E-mail: [email protected]; Website: www.tatasteel.com FOR PRIVATE CIRCULATION TO THE EQUITY SHAREHOLDERS OF THE COMPANY ONLY LETTER OF OFFER SIMULTANEOUS BUT UNLINKED ISSUE OF 121,794,571 EQUITY SHARES OF RS. 10 EACH AT A PREMIUM OF RS. 290 PER EQUITY SHARE AGGREGATING RS. 36,538 MILLION TO THE EQUITY SHAREHOLDERS ON RIGHTS BASIS IN THE RATIO OF 1 EQUITY SHARE FOR EVERY 5 EQUITY SHARES HELD ON THE RECORD DATE (NOVEMBER 5, 2007) AND 548,075,571 CUMULATIVE COMPULSORILY CONVERTIBLE PREFERENCE SHARES OF THE FACE VALUE RS. 100 EACH AT A PRICE OF RS. 100 EACH AGGREGATING RS. 54,808 MILLION IN THE RATIO OF 9 CUMULATIVE COMPULSORILY CONVERTIBLE PREFERENCE SHARES FOR EVERY 10 EQUITY SHARES HELD ON THE RECORD DATE (“ISSUE”). THE ISSUE PRICE FOR EQUITY SHARES IS 30 TIMES OF THE FACE VALUE OF THE EQUITY SHARE. TOTAL PROCEEDS FROM THE ISSUE OF EQUITY SHARES AND PREFERENCE SHARES WOULD AGGREGATE RS. 91,346 MILLION GENERAL RISKS Investments in equity and equity related securities involve a high degree of risk and Investors should not invest any funds in this Issue unless they can afford to take the risk of losing their investment. Investors are advised to read the Risk Factors carefully before taking an investment decision in relation to this Issue. For taking an investment decision, Investors must rely on their own examination of the Issuer and the Issue including the risks involved. The securities have not been recommended or approved by the Securities and Exchange Board of India (“SEBI”) nor does SEBI guarantee the accuracy or adequacy of this document. Investors are advised to refer to “Risk Factors” on page 5 of this Letter of Offer before making an investment in this Issue. ISSUER'S ABSOLUTE RESPONSIBILITY The Issuer, having made all reasonable inquiries, accepts responsibility for and confirms that this Letter of Offer contains all information with regard to the Issuer and the Issue, which is material in the context of this Issue, that the information contained in this Letter of Offer is true and correct in all material respects and is not misleading in any material respect, that the opinions and intentions expressed herein are honestly held and that there are no other material facts, the omission of which makes this Letter of Offer as a whole or any such information or the expression of any such opinions or intentions misleading in any material respect. LISTING The existing Equity Shares of the Company are listed on Bombay Stock Exchange Limited (“BSE”), The National Stock Exchange of India Limited (“NSE”) and the Calcutta Stock Exchange Association Limited (“CSE”). The Company has received “in-principle” approvals from BSE and NSE for listing the Equity Shares arising from this Issue vide letters dated August 27, 2007 and September 10, 2007 respectively. For the purposes of the issue, the Designated Stock Exchange shall be BSE. LEAD MANAGERS TO THE ISSUE REGISTRAR TO THE ISSUE JM Financial Consultants Citigroup Global Markets DSP Merrill Lynch Limited Intime Spectrum Registry Limited Private Limited India Private Limited Mafatlal Center, 10th Floor, C 13, Pannalal Silk Mills Compound, 141, Maker Chamber III 12th Floor, Bakhtawar Nariman Point, LBS Marg, Bhandup (West), Nariman Point, 229, Nariman Point, Mumbai 400 021, Mumbai 400 078 Mumbai 400 021, Mumbai 400 021, India India Tel: (91 22) 2596 0320 India Tel. : (91 22) 6631 9999 Tel: (91 22) 6630 3030 Tel. : (91 22) 6632 8000 Fax: (91 22) 2596 0328/29 Fax: (91 22) 2202 8224 Fax. : (91 22) 6631 9803 Fax. : (91 22) 2204 8518 Toll Free No. 1800-22-0320 Email: [email protected] Email: [email protected] Email: [email protected] Email:[email protected] Website: www.jmfinancial.in Website: www.citibank.co.in Website: www.dspml.com Contact Person: Ms. Awani Thakkar Contact Person: Ms. Poonam Karande Contact Person: Mr. Pankaj Jain Contact Person: Mr. Aseem Goyal SEBI Reg No: INM000003761 SEBI Reg No: INM000010361 SEBI Reg No: INM000010718 SEBI Reg No: INM000002236 ISSUE PROGRAMME ISSUE OPENS ON LAST DATE FOR REQUEST FOR ISSUE CLOSES ON SPLIT APPLICATION FORMS NOVEMBER 22, 2007 DECEMBER 7, 2007 DECEMBER 21, 2007 TABLE OF CONTENTS I. ABBREVIATIONS & TECHNICAL TERMS ............................................. 1 II. RISK FACTORS .................................................................... 5 III. THE ISSUE ........................................................................ 24 IV. SELECTED FINANCIAL INFORMATION ............................................. 25 V. GENERAL INFORMATION .......................................................... 28 VI. CAPITAL STRUCTURE ............................................................. 36 VII. OBJECTS OF THE ISSUE .......................................................... 48 VIII. BASIS FOR ISSUE PRICE ......................................................... 52 IX. STATEMENT OF TAX BENEFITS .................................................... 54 X. INDUSTRY OVERVIEW ............................................................. 60 XI. BUSINESS ......................................................................... 66 XII. REGULATIONS AND POLICIES .................................................... 92 XIII. HISTORY AND CORPORATE STRUCTURE ......................................... 96 XIV. DIVIDENDS ...................................................................... 104 XVI. MANAGEMENT .................................................................. 105 XVII. PROMOTER .................................................................... 119 XVIII. GROUP COMPANIES ............................................................ 123 XIX. SUBSIDIARIES ................................................................... 136 XX. JOINT VENTURE COMPANIES ..................................................... 185 XXI. RELATED PARTY TRANSACTIONS ................................................ 191 XXII. AUDITOR’S REPORT ............................................................ 198 XXIII. SUMMARY CONSOLIDATED FINANCIAL STATEMENTS OF CORUS GROUP LIMITED ........................................................................... F-1 XXIV. STOCK MARKET DATA FOR EQUITY SHARES OF THE COMPANY ................ 202 XXV. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS .......................................................... 203 XXVI. MATERIAL DEVELOPMENTS ................................................... 227 XXVIII. DESCRIPTION OF CERTAIN INDEBTEDNESS ................................... 231 XXIX. OUTSTANDING LITIGATION AND DEFAULTS .................................... 235 XXX. GOVERNMENT APPROVALS ..................................................... 292 XXXI. STATUTORY AND OTHER INFORMATION ....................................... 317 XXXII. TERMS OF THE PRESENT ISSUE ................................................ 328 XXXIII. MAIN PROVISIONS OF THE ARTICLES OF ASSOCIATION ....................... 346 XXXIV. MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION .................. 359 XXXV. DECLARATION ................................................................ 360 OVERSEAS SHAREHOLDERS The distribution of this Letter of Offer and the issue of Equity Shares and Cumulative Compulsorily Convertible Preference Shares on a rights basis to persons in certain jurisdictions outside India may be restricted by legal requirements prevailing in those jurisdictions. Persons into whose possession this Letter of Offer may come are required to inform themselves about and observe such restrictions. The Company is making this issue of Equity Shares and Cumulative Compulsorily Convertible Preference Shares on a rights basis to the shareholders of the Company and the Letter of Offer/Abridged Letter of Offer and CAF will be dispatched to those shareholders who have an Indian address. No action has been or will be taken to permit this Issue in any jurisdiction where action would be required for that purpose, except that this Letter of Offer has been filed with SEBI for observations and SEBI has given its observations. Accordingly, the Equity Shares represented thereby may not be offered or sold, directly or indirectly, and this Letter of Offer may not be distributed in any jurisdiction outside of India. Receipt of this Letter of Offer will not constitute an offer in those jurisdictions in which it would be illegal to make such an offer and, those circumstances, this Letter of Offer must be treated as sent for information only and should not be copied or redistributed. No person receiving a copy of this Letter of Offer in any territory other than in India may treat the same as constituting an invitation or offer to him, nor should he in any event use the CAF. The Company will not accept any CAF where the address as indicated by the applicant is not an Indian address. Accordingly, persons receiving a copy of this Letter of Offer should not, in connection with the issue of Equity Shares or the rights entitlements, distribute or send the same in or into the United States or any other jurisdiction
Load more

Recommended publications
  • Working Together to Create Sustainable Value
    Integrated Report & Annual Accounts 2015-16 109th Year WORKING TOGETHER TO CREATE SUSTAINABLE VALUE Forward-looking statements Certain statements in this report regarding our business operations may constitute About the report forward-looking statements. These include all statements other than statements of historical fact, including those regarding The business environment is increasingly being influenced by the financial position, business strategy, Governments, Regulators, Civil Society and Investors who are management plans and objectives for future operations. steadily moving towards Focusing Capital on Long-Term. The providers of Financial Capital are now increasingly expecting Forward-looking statements can be companies to proactively engage with wider set of stakeholders identified by words such as 'believes', on matters relating to sustainability. The strategic focus across 'estimates', 'anticipates', 'expects', 'intends', 'may', 'will', 'plans', 'outlook' and other words businesses is steadily moving towards long-term capital of similar meaning in connection with a creation. To proactively engage with a wider set of stakeholders discussion of future operating or financial on matters relating to sustainability and in keeping with our performance. very own core principle, commencing this year, we endeavour to Forward-looking statements are necessarily transition towards a system of governance-based reporting for dependent on assumptions, data or methods long-term value creation. that may be incorrect or imprecise and that may be incapable of being realised, and as such, are not intended to be a guarantee Reporting Principle of future results, but constitute our We present our first Integrated Report prepared in line with the framework current expectations based on reasonable adopted by the International Integrated Reporting Council (IIRC).
    [Show full text]
  • Steel Sleepers Datasheet
    Steel sleepers Lower lifetime cost and more efficient logistics Technical datasheet RAIL Steel sleepers from British Steel are designed for use in a wide range of applications, from metre gauge railways to mainline passenger and heavy haul freight routes. British Steel has a long and proud history of supplying Being fully recyclable, our steel sleepers also benefit from steel sleepers worldwide, with strict quality assurance a smaller carbon footprint, making it easier to hit your processes in place to ensure every delivery will have a sustainability targets. long life in service. Durable solution for track installations Our steel sleepers are manufactured from hot rolled steel Once installed, steel sleepers don’t rot or suffer from insect produced at our Scunthorpe steelworks, and comply with all attacks. They also survive well in wet tropical climates where wood decays rapidly. major standards (UIC, AREMA, AS etc). Our steel sleepers can be laid onto existing ballast. The We’ve exported more than 900,000 steel sleepers over the sleeper profile and spade ends interact with the ballast bed last 20 years, to numerous countries around the world, with to produce a highly stable track support, requiring only metre gauge (1,000mm/1,067mm) and standard gauge minimal quantities of fresh imported ballast to complete (1,435mm) railways being most common. the installation. Working in partnership to meet customer needs Ease of transportation British Steel works in partnership with customers to Steel sleepers are stackable and because they are lighter understand the needs of the rail sector and develop than concrete sleepers, can be moved in bundles by a innovative and value-adding products to directly address forklift (or manually handled if regulations allow).
    [Show full text]
  • 101St Annual Report 2007-2008
    A Shared Vision 101st Annual Report 2007-2008 A Shared Vision Managing a global workforce and setting global benchmarks is primarily about managing diversity. The ability to maximise business opportunities and meet challenges so that value can be created for stakeholders is something that can be achieved through a process of inclusive growth, one in which every person contributes to the blueprint for the future and is truly committed to the stated objectives. And one of the key requisites for successful diversity management is a shared vision. The Vision 2012 for the Tata Steel Group was co-created by its people across its various locations – from Jamshedpur in India, to the United Kingdom, to South East Asia, to the Netherlands. Driven as much by its commitment to society as by its performance and profi ts, the Tata Steel Vision aspires to make the Group the global industry benchmark for both Value Creation and Corporate Citizenship. The key drivers of the Group Vision will manifest themselves in the goals and objectives the Group sets for itself in the coming years. This shared Vision is a call to action for Tata Steel’s people, to work together to a future that holds a promise of tremendous growth for all its constituents and the world at large. 1 We aspire to be the global steel industry benchmark for Value Creation and Corporate Citizenship. We make the diff erence through: Our People, by fostering team work, nurturing talent, enhancing leadership capability and acting with pace, pride and passion. Our Off er, by becoming the supplier of choice, delivering premium products and services and creating value for our customers.
    [Show full text]
  • Innovation Studies and the History of Technology
    Trying to secure the past: innovation studies and the history of technology A thesis submitted to the University of Manchester for the degree of Doctor of Philosophy (PhD) in the Faculty of Humanities Jonathan Aylen 2018 1 Contents page Listing of Publications 3 Abstract 4 Declaration 5 Copyright Statement 5 Jonathan Aylen, Statement of Eligibility 6 Introduction 1. Selection of a coherent set of papers 8 2. Historical methods in the study of technology 23 3. The nature of the innovation process 30 4. Lessons from innovation research 41 5. Bibliography 46 6. Corrections and updates 57 7. Impact of this research 59 Papers Blue Danube - Britain’s post-war atomic bomb 61 Stretch - how innovation continues once investment is made 62 Bloodhound - building the Ferranti Argus process control computer 63 Open versus closed innovation - development of the wide strip mill for steel 64 Construction of the Shotton wide strip mill 65 Development of computer applications in the iron and steel industry 66 2 “Trying to secure the past: innovation studies and the history of technology” "People work much in order to secure the future; I gave my mind much work and trouble, trying to secure the past" Isak Dinesen/also known as Karen von Blixen-Finecke (1885-1962), Shadows on the Grass, Harmondsworth: Penguin, 1990, essay “Echoes from the Hills”, p.116 papers: 1. Jonathan Aylen, “First waltz: development and deployment of Blue Danube, Britain’s post-war atomic bomb”, The International Journal for the History of Engineering & Technology, vol. 85, no.1, January 2015, pp.31-59 2.
    [Show full text]
  • Unite General Secretary Election Candidates’ Election Addresses
    Unite General Secretary Election Candidates’ Election Addresses Gerard Coyne pg 2–4 Sharon Graham pg 5–7 Steve Turner pg 8–11 Ballot papers must be returned to Civica Election Services, The Election Centre, 33 Clarendon Road, London N8 0NW to arrive no later than noon on Monday 23 August 2021. These addresses have been submitted by nominees in accordance with the Ballot Rules. THE VIEWS EXPRESSED ARE THOSE OF THE INDIVIDUALS CONCERNED AND DO NOT NECESSARILY REFLECT THE VIEW OF THE EXECUTIVE COUNCIL OR THE POLICY OF THE UNION. Any civil or criminal liability in respect of the publishing of these election addresses under the Trade Union and Labour Relations (Consolidation) Act 1992 rests SOLELY WITH THE CANDIDATES CONCERNED. Further details about the election are available on the Union’s website. R0745_4_P2 UNITE GENERAL SECRETARY ELECTION GERARD COYNE WM/6090 SANDWELL LOCAL I am standing to change Unite, so we put you – the members – first once again. I joined our Union over 35 years ago. I worked 28 years for Unite, including 16 years as Regional Secretary. I won union recognition agreements, pay deals and disputes for members across every sector. My trade unionism has always been about making a practical difference to jobs, pay and conditions. After standing in the 2017 General Secretary election, I was dismissed from my employment with Unite. They thought I was finished but I never went away. I’m fighting harder than ever to put our members first. We need real change now, because Unite has been going down the wrong path. • We have lost tens of thousands of members since 2017 and our current approach to ‘organising’ in the modern economy isn’t working.
    [Show full text]
  • Journey Towardsoperational Excellence 107Th Annual Report
    Bombay House 24 Homi Mody Street Fort Mumbai 400 001 www.tatasteel.com JAMSETJI TATA Celebrating 175th Birth Anniversary Journey towards operational excellence 107th Annual Report 2013-2014 Printed at Tata_Annual_Reports_Cover_Spine.indd 1 7/15/14 8:06 PM OUTLOOKAWARDS & RECOGNITION nineteenth century, Jamsetji Tata devoted his entire energy and effort to implement his vision of building an industrial The Company has been honoured with several awards and accolades, some of which are enterprise in India that would provide economic freedom mentioned below. to the country. ›› The Best Performing Integrated Steel Plant for 2011-12 ›› Re-certified with SA 8000 Certification for the fourth An enlightened entrepreneur and a great nationalist, his time in 2013 vision for “a free enterprise” was one that would make the ›› The prestigious Indian MAKE Award 2013 ›› The CII-ITC Sustainability Award 2013 community “the very purpose of its existence”. A simple ›› NDTV Profit Business Leadership Award 2013 and altruistic viewpoint, it enveloped within it a complex, ›› Best contribution in inclusive development at Think ›› Highest category award - EXCELLENCE awarded to QC hitherto unheard of, holistic ideology of business enterprise Odisha awards function, 2013 Team "Furnace Charging" system from FAP Joda in ICQCC as corporate citizens. His basic premise was that just as other (International Convention for Quality Control Circles) 2013 ›› Tata Affirmative Action Programme (TAAP) Jury’s citizens had both rights and duties, the duty of a corporate at Taipei, Taiwan Award 2013-14 citizen required it to serve the plural interests of diverse ›› Noamundi Iron Mine bags first prize at FICCI Water ›› Plaque of Commendation for Outstanding Contribution stakeholders – perhaps collectively viewed by him as Awards 2013 and Support to Labour Relations at the May Day Awards the community.
    [Show full text]
  • JAMSETJI TATA Celebrating 175Th Birth Anniversary
    Bombay House 24 Homi Mody Street Fort Mumbai 400 001 www.tatasteel.com JAMSETJI TATA Celebrating 175th Birth Anniversary Journey towards operational excellence 107th Annual Report 2013-2014 Printed at Tata_Annual_Reports_Cover_Spine.indd 1 7/15/14 8:06 PM OUTLOOKAWARDS & RECOGNITION nineteenth century, Jamsetji Tata devoted his entire energy and effort to implement his vision of building an industrial The Company has been honoured with several awards and accolades, some of which are enterprise in India that would provide economic freedom mentioned below. to the country. ›› The Best Performing Integrated Steel Plant for 2011-12 ›› Re-certified with SA 8000 Certification for the fourth An enlightened entrepreneur and a great nationalist, his time in 2013 vision for “a free enterprise” was one that would make the ›› The prestigious Indian MAKE Award 2013 ›› The CII-ITC Sustainability Award 2013 community “the very purpose of its existence”. A simple ›› NDTV Profit Business Leadership Award 2013 and altruistic viewpoint, it enveloped within it a complex, ›› Best contribution in inclusive development at Think ›› Highest category award - EXCELLENCE awarded to QC hitherto unheard of, holistic ideology of business enterprise Odisha awards function, 2013 Team "Furnace Charging" system from FAP Joda in ICQCC as corporate citizens. His basic premise was that just as other (International Convention for Quality Control Circles) 2013 ›› Tata Affirmative Action Programme (TAAP) Jury’s citizens had both rights and duties, the duty of a corporate at Taipei, Taiwan Award 2013-14 citizen required it to serve the plural interests of diverse ›› Noamundi Iron Mine bags first prize at FICCI Water ›› Plaque of Commendation for Outstanding Contribution stakeholders – perhaps collectively viewed by him as Awards 2013 and Support to Labour Relations at the May Day Awards the community.
    [Show full text]
  • 142601 F & B Cover
    2002 Report & Accounts Corus Group plc Report & Accounts 2002 Contents 2 Chairman’s statement 4 Review of the period 22 Financial review 25 Directors’ report 30 The Executive committee 32 The Board 34 Report on remuneration 43 Statement of directors’ responsibilities in relation to financial statements 44 Independent auditors’ report to the members of Corus Group plc 46 Consolidated profit and loss account 47 Balance sheets 48 Statement of total recognised gains and losses and Reconciliation of movements in shareholders’ funds 49 Consolidated cash flow statement 50 Reconciliation of net cash inflow/(outflow) to movement in net (debt)/funds and Analysis of net borrowings 51 Presentation of accounts and accounting policies 54 Notes to the accounts 93 Supplementary information for North American investors 99 Five year financial summary 100 Some important data in euros 101 Other key data 102 Analysis of shareholdings at 28 December 2002 103 Glossary 104 Information for shareholders Corus Report & Accounts 2002 1 Chairman’s statement The underlying results for the Group At the end of the year, net debt The sale of our aluminium rolled for the year were marginally below the amounted to £1,236m and gearing products and extrusions businesses level of the previous year with a Group was reduced to 46%. Net proceeds to Pechiney was agreed in principle in operating loss of £393m (2001: from acquisitions and disposals October for approximately £543m. £377m), before taking into account amounted to £445m while ongoing The businesses are owned by Corus exceptional items of £53m (2001: cash flow demands amounted to Nederland BV, and the sale was, inter £8m).
    [Show full text]
  • Industrial Railway Record
    INDUSTRIAL RAILWAY RECORD The Quarterly Journal of the INDUSTRIAL RAILWAY SOCIETY COMBINED INDEX SECOND EDITION Volumes 1 to 16 1962 – 2007 RECORD No.1 to No.189 Assembled & Edited by Vic Bradley On behalf of the Combo Index Production Team for the benefit of all readers of this magazine. CORRECTIONS, GLITCHES, ERRORS and OMISSIONS are kept to a minimum but may still inevitably occur in a work of this nature. If you spot anything that you think needs attention, PLEASE DO SEND details of this to us ideally by email addressed to v.bradley[at]virgin.net www.irsociety.co.uk IRRNDX20.doc updated 22-Mar-2008 INTRODUCTION and ACKNOWLEDGEMENTS This “Combo Index” has been assembled by combining the contents of the sixteen separate indexes originally created, for each individual volume, over a period of some 45 years by a number of different people each using different technologies. Only in recent times have computers been used for indexing but, even for these, the computer files could not be traced with the exception of those for volumes 14 to 16. It has therefore been necessary to create digital versions of 13 original indexes using “Optical Character Recognition” (OCR), which has not proved easy due to the relatively poor print, and extremely small text (font) size, of some of the indexes in particular. Thus the OCR results have required extensive proof-reading. Very fortunately, a team of volunteers to assist in the project appeared out of the E-mail Group Internet Chat Site which is hosted by the IRS, and a special thankyou is certainly due to Richard Bowen, David Kitching, Martin Murray, Ken Scanes and John Scotford who each handled OCR and proofing of several indexes, to complete digital recovery of the individual published index texts for Volumes 1 to 13.
    [Show full text]
  • Forging the Future COVERS
    Institute for Public Policy Research FORGING THE FUTURE A VISION FOR NORTHERN STEEL’S NET ZERO TRANSFORMATION Jonathan Webb April 2021 ABOUT IPPR NORTH IPPR North is the dedicated think tank for the north of England, with bases in Manchester and Newcastle. IPPR, the Institute for Public Policy Research, is the UK’s leading progressive think tank. We are an independent charitable organisation with our main office in London. Our primary purpose is to conduct and promote research into, and the education of the public in, the economic, social and political sciences, science and technology, the voluntary sector and social enterprise, public services, and industry and commerce. Other purposes include to advance physical and mental health, the efficiency of public services and environmental protection or improvement; and to relieve poverty, unemployment, or those in need by reason of youth, age, ill-health, disability, financial hardship, or other disadvantage. E: [email protected] www.ippr.org/north Registered charity no: 800065 (England and Wales), SC046557 (Scotland) This paper was first published in April 2021. © IPPR 2021 The contents and opinions expressed in this paper are those of the author only. The progressive policy think tank CONTENTS Summary ..........................................................................................................................3 Introduction ....................................................................................................................6 1. Northern steel matters ............................................................................................7
    [Show full text]
  • Corporate Citizenship Report 2009/2010 Corporate Citizenship Report 2009/2010
    Corporate Citizenship Report 2009/2010 Corporate Citizenship Report 2009/2010 For further information and other Tata Steel reports: http://www.tatasteel.com/investors/performance/annual-report.asp http://www.tatasteel.com/corporate-citizen/corporate-sustainability/sustainability-report.asp www.corusstaalmjv.nl Please e-mail your comments or questions to [email protected] On the front cover: Karen Gilbert, environmental engineer, on site at Tata Steel Colors, Shotton, UK. INDEX AT A GLANCE 2 LETTER TO STAKEHOLDERS 4 OUR VISION AND OUR VALUES 6 A SAFE AND HEALTHY WORKPLACE 8 RESPEctING THE ENVIRONMENt 13 CARING FOR COMMUNITIES 24 CREATING VALUE 32 HIGH EtHICAL STANDARds 34 EMPLOYER OF CHOICE 36 WHAT WE OFFER OUR CUSTOMERs 40 IMPROVING THROUGH INNOVATION 43 PERFORMANCE SUMMARy 47 ASSURANCE REPORt 48 GLOSSARy 49 2009/10 AwARds 51 The fume extraction baghouse, helping improve air quality at NatSteel’s Singapore mill. The Tata Steel Group Corporate Citizenship Report 2009/10 was produced on behalf of the Tata Steel Group by Group Communications in conjunction with superscript.uk.com. ©2011 The Tata Steel Group and the contributors. CORPORATE CITIZENSHIP REPORT 2009/10 1 SEctION Long Products Europe, Scunthorpe, UK. Strip Products UK, Port Talbot. Tata Steel, Thailand. Manufacturing Raw Materials Projects Sales Offices 2 CORPORATE CITIZENSHIP REPORT 2009/10 SECTION Strip Products Mainland Europe, IJmuiden, the Netherlands. Jamshedpur works, Jharkhand, India. NatSteel, Singapore. CORPORATE CITIZENSHIP REPORT 2009/10 3 LEttER to STAKEHOLDERS Letter to stakeholders Tata Steel is an ambitious and results-orientated enterprise. Like all Tata companies, we strive for leadership and global competitiveness in the business sectors in which we operate.
    [Show full text]
  • UK Steel Industry: Statistics and Policy
    By Georgina Hutton 18 June 2021 UK Steel Industry: Statistics and policy Summary 1 Economic contribution of the steel industry 2 International comparisons of steel manufacturing 3 Trade 4 Issues in the steel industry 5 Government policy on steel 6 Annex: The 2015/16 steel crisis commonslibrary.parliament.uk Number CBP 7317 UK Steel Industry: Statistics and policy Contributing Authors Chris Rhodes; Matthew Ward; Paul Bolton Disclaimer The Commons Library does not intend the information in our research publications and briefings to address the specific circumstances of any particular individual. We have published it to support the work of MPs. You should not rely upon it as legal or professional advice, or as a substitute for it. We do not accept any liability whatsoever for any errors, omissions or misstatements contained herein. You should consult a suitably qualified professional if you require specific advice or information. Read our briefing ‘Legal help: where to go and how to pay’ for further information about sources of legal advice and help. This information is provided subject to the conditions of the Open Parliament Licence. Feedback Every effort is made to ensure that the information contained in these publicly available briefings is correct at the time of publication. Readers should be aware however that briefings are not necessarily updated to reflect subsequent changes. If you have any comments on our briefings please email [email protected]. Please note that authors are not always able to engage in discussions with members of the public who express opinions about the content of our research, although we will carefully consider and correct any factual errors.
    [Show full text]