Write-up for Term Project on

To study the impact of the GDP growth of a country on the Steel Sector.

Submitted on January 17, 2013 In Partial Fulfillment of the Requirement for the Indian Economy in Global Context course in the MBA Programme (FT): 2012-14
Submitted to Prof. Yogesh Doshit Submitted by: Anubhav Awasthi Piyush Goenka Saumil Shah Roll: 121110 Roll: 121139 Roll: 121151

Title
To study the impact of the GDP growth of a country on the Steel Sector.

Background
Steel is one of the most common materials in the world, with more than 1.3 billion tons produced annually. It is a major component in buildings, infrastructure, tools, ships, automobiles, machines, appliances, and weapons. Between 2000 and 2005, world steel demand increased by 6%. Since 2000, several Indian and Chinese steel firms have risen to prominence like Tata Steel (which bought Corus Group in 2007), Shanghai Baosteel Group Corporation and Shagang Group. Arcelor Mittal is however the world's largest steel producer. In 2005, the British Geological Survey stated China was the top steel producer with about one-third of the world share; Japan, Russia, and the US followed respectively.

Research Objective
Impact of GDP growth on the Steel Sector in India. Study whether similar pattern exist in other developing countries like China Study whether similar pattern exist in developed countries like U.S.A.

Methodology:
Statistical Tools & Techniques like correlation, regression etc. can be applied to find the relationship and the significance of the GDP growth and its impact on the Steel Sector. Secondary Source of Data will be used in the research.

Bibliography
1. http://www.ibef.org/artdispview.aspx? in=69&art_id=33253&cat_id=487&page=2 2. http://www.icra.in/Files/ticker/October%202012%20Steel%20Note %20Teaser.pdf