One Of The Easiest Ways Of Judging A Steel Factory Is Based On Their Existing Clientele
These are the few factors that would guide in answering “How to Select a Steel Factory?
Production facilities:
In Steel Industry, the
quality of any best steel mills mainly relies on the route of steel making and
the facilities they employ. Since Steel is a high-volume product, checking all
the products for quality is impossible. So it is vital to employ the right kind
of Iron & Steel making route and the right equipment to produce.
1.
Product Range:
The mill with a
huge range of products stands to benefit as this can be a means of diversifying
that can serve the steel demand of various end-user industries.
If a mill has a quite
limited range of products aimed at only one industry, for illustrations, if a
mill has only re-bars, then there is a risk if the construction industry
performs badly.
Ideally, for a flat
product mill, it is perfect to have – Hot rolling mill, Cold Rolling mill,
Metal coating mill, Plate mill, etc.
For a long product
mill that is concentrating on commodities, it is perfect to have re-bars,
angles, channels, and beams.
For an Alloy Steel
long product mill, it is perfect to have – Bars – (Round, Square, and Hexagon),
Wire rods.
Primarily many big
steel plants have the combination of all, to ensure that they are present in
all major products.
2.
Quality Control:
By opting for higher
levels of automation and by complying with efficient quality systems like Six
Sigma, TPM, Quality control can be easily achieved at a steel factory.
Controlling the
parameters at different stages of the production and ensuring that the
production department follows this is one of the main & important roles.
The steel buyer must
audit the relevant records at different levels of production to ensure the
effectiveness of the system is followed.
The percentage (%) of
internal rejections & the total number of customer complaints is a
yardstick of how effective is the quality control.
3.
Accreditation / Certification:
When a Steel Factory gets accredited to different renowned quality standards viz.,
ISO, and other private quality standards, it can be an indication that a system
is in place.
Today ISO
certification has become a mandatory as well as the basic requirement of every
steel plant.
4.
Research & Development:
Today many steel
plants engage in the early development of products with their clients right
from the design stage. This has ensured that steel cannot be sold just like a
commodity. This can be possible only with a strong Research & Development
highly qualified team and modern testing facilities.
Steel plants should
position themselves as steel solution providers rather than steel makers as
well as steel sellers.
5.
Existing customer base / References:
One of the easiest
ways of judging a steel factory is based on its existing clientele. While this
can be a good as well as a simple way, but this does not indicate that all
clients can be served by the mill. The needs of every client are different and
only some steel plants can serve diversified clients.
These are some of the
important parameters that can be of relevance to all-steel purchasers.
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