“Productivity science is scientific effort, that in any specific work situation, identifies the appropriate philosophy, culture, systems, processes, technology, methods and human physical action and behavior and elements of each of them of that will maximize positive (social, environmental and economic) outcomes relative to the resources consumed.”
in Frameworks for Productivity Science of Machine Effort and Human Effort (Proceedings of the 2020 IISE Annual Conference, L. Cromarty, R. Shirwaiker, P. Wang, eds.)
Productivity Engineering: Converting productivity science discovery into technology and using that technology in processes to increase productivity.
Productivity Management: The managerial activities of planning, organizing, resourcing, directing and controlling to achieve high productivity and increase in productivity.
Activities Analyzed and Improvement in IE studies - Material Processing - Inspection - Transport - Storage - Delays in Process.
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http://steel.gov.in/
In 2013 India produced 81 million tonnes of steel.
http://steel.gov.in/overview.htm
China* produced 779 million tonnes in 2013.
By year 2026, India needs to have 300 million tonnes capacity and is planning for it and there is a steel policy being put in place to make available inputs for that capacity.
http://steel.gov.in/06112012%20National%20Steel%20Policy%20Draft.pdf
http://www.investindia.gov.in/steel-sector/
1 April 2015
Picture source: http://pibphoto.nic.in/photo//2015/Apr/l2015040163747.jpg
The Prime Minister, Shri Narendra Modi addressing at the dedication ceremony of the Rourkela Steel Plant to the Nation, in Odisha on April 01, 2015. The Chief Minister of Odisha, Shri Naveen Patnaik, the Union Minister for Tribal Affairs, Shri Jual Oram and the Minister of State for Mines and Steel, Shri Vishnu Deo Sai are also seen.
PM Narendra Modi inaugurated the additional capacity of 2.5 million tonnes created at the Rourkela Steel plant of Sail at an investment of Rs.12,000 cr.
PM reiterated his government commitment to the steel policy and stated that SAIL will have a capacity of 50 million tonnes by 2025. He mentioned that there is lot more scope in India to produce steel as China presently producing 780 million tonnes per year.
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April 2015
21 April 2015
At the time of its release, the National Steel Policy 2005 had envisaged steel production to reach 110 million tonnes (mt) by 2019-20. However, based on the assessment of the current ongoing projects, both in greenfield and brownfield, the Working Group on Steel for the 12th Five Year Plan has projected that domestic crude steel capacity in the county is likely to be 140 mt by 2016-17 and has the potential to reach 149 mt if all requirements are adequately met.
The National Steel Policy 2005 is currently being reviewed keeping in mind the rapid developments in the domestic steel industry (both on the supply and demand sides) as well as the stable growth of the Indian economy since the release of the Policy in 2005.
http://steel.gov.in/overview.htm
19 April 2015
World Steel Association Director General Edwin Basson said in Mumbai that the future of the Indian steel industry is bright in the context of government's target of trebling the steel output to 300 mt by 2025, and the No 2 world producer slot by 2020.
http://www.business-standard.com/article/pti-stories/global-steel-output-to-scale-2-000-mt-by-2030-led-by-india-115041900150_1.html
1 Jan 2016
Steel price on 31 Dec 2016
$170 for tonne
One million tonne capacity requires one billion dollars.
http://www.thehindubusinessline.com/economy/steel-sector-needs-210-bn-investment-to-hit-300-mtpa-capacity-sail/article5462499.ece
The turnover from steel industry will be 51 billion dollars.
Updated 1 Jan 2016, 21 April, 19 April, 5 April , 15 Feb 2015
88.1 million tonnes in 2014.
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