Tata Steel world's best steel maker third time: WSD study

Kolkata, March 31 (UNI) Tata Steel has been ranked once again the best steel making company in world by World Steel Dynamics, Inc, USA (WSD) based on a study of 22 world class steel makers consecutively for the third year.

The WSD report of February 2006 covers the study of all the leading steel manufacturing companies across the globe, including POSCO, Nippon Steel, Bao Steel, Thyssen Krupp on 20 different parameters.

Emerging out of the study, Tata Steel has been ranked first with a weighted average score of 8.51 as against a score of 8.11 last year. POSCO of South Korea followed in the second place with 8.41.

Tata Steel is marching towards becoming a global steel enterprise and aspires to become a 15 MT steel producer by 2010.

It is also developing a deep-sea port in Orissa along with L&T to facilitate the flow of inbound and outbound commodities.

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