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By:-Richa Manjhi Chiranjeet Bhatt Manoj Gupta Sec-A

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Manoj Gupta

Mittal Steel Company was formed by the merger of LNM holdings and ISPAT International in 1976. It was headed by CEO Lakshmi Mittal and was headquartered in Rotterdam, Netherlands. Through various acquisitions from 1989-2005, Mittal Steel became the world's largest steel producer. In 2006, Mittal Steel merged with Arcelor to form ArcelorMittal, now the world's leading steel and mining company with over $65 billion in revenue and 280,000 employees globally. ArcelorMittal produces a variety of steel products to serve its mission of providing complete steel solutions worldwide.

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By:-Richa Manjhi Chiranjeet Bhatt Manoj Gupta Sec-A

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Manoj Gupta
210 views19 pages
Mittal Steel Company was formed by the merger of LNM holdings and ISPAT International in 1976. It was headed by CEO Lakshmi Mittal and was headquartered in Rotterdam, Netherlands. Through various acquisitions from 1989-2005, Mittal Steel became the world's largest steel producer. In 2006, Mittal Steel merged with Arcelor to form ArcelorMittal, now the world's leading steel and mining company with over $65 billion in revenue and 280,000 employees globally. ArcelorMittal produces a variety of steel products to serve its mission of providing complete steel solutions worldwide.

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arcelormittal

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Mittal Steel Company was formed by the merger of LNM holdings and ISPAT International in 1976. It was headed by CEO Lakshmi Mittal and was headquartered in Rotterdam, Netherlands. Through various acquisitions from 1989-2005, Mittal Steel became the world's largest steel producer. In 2006, Mittal Steel merged with Arcelor to form ArcelorMittal, now the world's leading steel and mining company with over $65 billion in revenue and 280,000 employees globally. ArcelorMittal produces a variety of steel products to serve its mission of providing complete steel solutions worldwide.

Copyright:

Attribution Non-Commercial (BY-NC)
Download as PPTX, PDF, TXT or read online from Scribd
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210 views19 pages

By:-Richa Manjhi Chiranjeet Bhatt Manoj Gupta Sec-A

Uploaded by

Manoj Gupta
Mittal Steel Company was formed by the merger of LNM holdings and ISPAT International in 1976. It was headed by CEO Lakshmi Mittal and was headquartered in Rotterdam, Netherlands. Through various acquisitions from 1989-2005, Mittal Steel became the world's largest steel producer. In 2006, Mittal Steel merged with Arcelor to form ArcelorMittal, now the world's leading steel and mining company with over $65 billion in revenue and 280,000 employees globally. ArcelorMittal produces a variety of steel products to serve its mission of providing complete steel solutions worldwide.

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By:- Richa Manjhi Chiranjeet Bhatt Manoj Gupta Sec-A

contents
Description of the company Mission Management (key members) Organization charts Major product and service Production target / Sales target Annual turnover/other financial informer Client

Description Of The Company

MITTAL STEEL : An Overview

Mittal Steel Company was formed by the merger of LNM holdings & ISPAT International CEO Lakshmi Mittals family owned 88% of the company and headquarter was in Rotterdam, Netherland The company was the world's largest steel producer by volume and also the largest in turnover and is now a part of ArcelorMittal

FOUNDED :- 1976 in Calcutta India and 1989 as Ispat International in Indonesia Headquarters :Rotterdam,Netherland

CEO :- Lakshmi Niwas Mittal

MITTAL STEEL GROWTH TIMELINE


1989:Acquisition of Iron & Steel Company of Trinidad & Tobago 1992:Acquisition of Sibalsa 1994:Acquisition of Sidbec-Dosco 1995:Acquisition of Hamburger Stahl werke Ispat International Ltd. and Ispat Shipping formed 1997: Ispat International NV goes public 1998: Acquisition of Inland Steel Company 1999:Acquisition of Unimetal 2001:Acquisition of ALFASID > Acquisition of Sidex

MITTAL STEEL GROWTH TIMELINE


2002: Business assistance agreement signed with Iscor 2003:Acquisition of Nova Hut 2004: Acquisition of BH Steel Creation of Mittal Steel 2005: Acquisition of a stake in Hunan Valin Mittal Steel makes Fortune 500 list of top companies Acquisition of Stelco subsidiaries

ARCELOR : AN OVERVIEW

Arcelor was created in February 2002 by combining three steelmaking companies, Aceralia (Spain),Arbed (Luxembourg) and Usinor (France) World's second largest steel maker Over 104,000 employees in more than 60 countries Arcelor generated revenues of 40.6 billion Euros and produced 53.5 million tonnes of crude steel Products: Flat Carbon Steel; Long Carbon Steel Stainless Steel; and Steel Solutions and Service

ArcelorMittal
INDUSTRY STEEL FOUNDED 2006 Headquarter Luxumberg CEO L.N. Mittal CFO ADITYA Mittal Products - Steel, flat steel products, long steel products, stainless steel, wire products, plates. Revenue - US$65.11 billion (2009) Employees 281,700

MISSION OF THE COMPANY

To provide complete steel foundation solutions to its customers on a worldwide basis".

Management(Key members)

L.N. Mittal CEO Aditya Mittal CFO Vanisha Mittal Member Narayanan Vaghul Member Wilbus S. Ross Member Levis B. Kaden Member Antoinne Spilmann Member

Major Products and Services

Products
Beams Angle steel Flat steel & strip steel Sheets Stainless sheets Hollow section & tubes

ArcelorMittal

Services- Arcelor Mittal offers a


complete spectrum of steel products - and supports it with continuous investment in process and product research.

Production target/Sales target

Production target/Sales target

Second quarter iron own production rose 2.4% on year to 13.1 million tones In 2011,arcelormittal want to produced 48.9 million tones of iron ore and 7 million tones of cooking coal from its own production

Annual turnover/other financial informer

Revenue US $78.03 billion Operating income US $3.605 billion (2011) Profit US $2.916 billion (2011) Total assets US $130.9 billion (2011) Total equity US $66.10 billion (2011) Employees263,000 (end 2011)

Clients

ACELOR & MITTAL

THANK YOU

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