Study on Peekay Steel Castings Ltd

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CONTENTS: PAGE NO

1. INTRODUCTION…………………………………………........ 2 2.1 Introduction to Study…………………………………………… 3 2.2 Objective of Study……………………………………………… 3 2.3 Scope of Study………………………………………………….. 3 2.4 Study Methodology……………………………………………... 4 2.5 Introduction to Steel Industry…………………………………… 5 2.6 Executive Summary…………………………………………….. 8

2. COMPANY PROFILE………………………………………….. 9

2.1Growth & Evolution……………………………………………. 10
2.2 About Peekay Group…………………………………………... 10
2.3About the firm…………………………………………………... 11
2.4 Product &Product Mix…………………………………………. 15
2.6 Organization Structure…………………………………………. 18

3. FUNCTIONAL
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Steel is manufactured as a globally tradable product with no major trade barriers across national boundaries to be seen currently. There is also no inherent resource related constraints which may significantly affect production of the same or its capacity creation to respond to demand increases in the global market. Even the government policy restrictions have been negligible worldwide and even if there are any the same to respond to specific conditions in the market and have always been temporary. Therefore, the industry in general and at a global level is unlikely to throw up substantive competition issues in any national policy framework. Further, there are no natural monopoly characteristics in steel. Therefore, one may not expect complex competition issues as those witnessed in industries like telecom, electricity, natural gas, oil, etc.
This, however, does not mean that there is no relevant or serious competition issue in the steel industry. The growing consolidation in the steel industry worldwide through mergers and acquisitions has already thrown up several significant concerns. The fact that internationally steel has always been an oligopolistic industry, sometimes has raised concerns about the anti-competitive behaviours of large firms that dominate this industry. On the other hand the set of large firms that characterize the industry has been changing over time.
Trade and other government policies have significant bearing on competition issues.

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