About the Steel Authority of India :

Steel Authority of India Limited is one of the largest state-owned steel making company based in New Delhi, India and one of the top steel makers in world, headed by Shri P K Singh. With an annual turnover of ₹43,337 crore

The Report on the Swot Analysis of the Steel Authority of India Limited

SWOT Analysis :

SWOT analysis must first start with defining adesired end state or objective. A SWOT analysis may be incorporated intothe strategic planning model. An example of a strategic planning techniquethat incorporates an objective-driven SWOT analysis is Strategic CreativeAnalysis (SCAN). Strategic Planning, including SWOT and SCAN analysis,has been the subject of much research

Strengths
1. Strong employee workforce with over 130,000 employees
2. Technical & managerial expertise in the industry
3. Strong raw material supply chain management
4. Strong financial resources owing to being a Govt enterprise
5. It has an annual production of over 13million tonnes
6. Partnerships with NTPC, Bokaro Steel etc has strengthened its market position

Weaknesses
1. Govt and political intervention affects operational efficiency
2. Higher profit margins are not allowed
Opportunities
1. Expansion & growth
2. Globalization with tie-ups with international players
3. Mergers & Acquisitions

Threats
1. Change in Government policies & economy trend
2. Emerging & existing private sector players
3. Technological developments in outside world

Competitors
1. TATA Steel
2. JSW Steel
3. ISPAT Industries

Contact Detials
STEEL AUTHORITY OF INDIA LIMITED
CORPORATE OFFICE
Ispat Bhawan, Lodi Road, New Delhi-110003(STD-011)
EPBAX – Ispat Bhawan- 24300100, 24367481-86
EPBAX - Scope Minar - 22467360, 7384, 7412, 7413, 7418, 7420, 7425
Fax No. : 24367015 (Ispat Bhawan) / 22467458 (Scope Minar)