Corporate
Mittal Steel is the fastest growing and largest steel producer in the world. With an unmatched capital investment program and turnaround successes with a range of acquisitions of sick steel companies the world over Mittal Steel has set the benchmark for best practices, consolidation and globalization of the steel industry worldwide. Mittal Steel is one of the most efficient steel producers of the world and manages the marketing of its products just as well.Mittal Steel is Fortune 500 company.
Activities
As the largest steelmaker Mittal Steel produces a wide range of steel products with numerous applications:Semi-finished steel
- Flat products
- Long products
- Wire rod
- Coated steels
- Tubes and pipes
- Flat products
- Long products
- Wire products
- DRI (Direct Reduced iron)
- Pipes
- Sections and shapes
- Automotive applications
Performance
In fiscal 2005 Mittal Steel’s revenues were 28.1 billion USD which was approximately 25 % higher than what it was in the fiscal before.The total value of Mittal Steel’s assets during fiscal 2005 was 31.04 billion USD which was approximately 62 % higher than what it was in the fiscal before.
Assets over the last 2 years (In billion USD)
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Mittal Steel’s net income during fiscal 2005 was 3.36 billion USD which was approximately 39.7 % lower than what it was in the fiscal before.
Net income over the last 3 fiscals (In million USD) 
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Global network
Mittal Steel has plants located all over the world. The plants are located across 16 countries in 4 continents.Mittal Steel has two primary R&D units located in Chicago, USA and Gandrange, France. The company’s specialized coal and coke laboratory is located in the Czech Republic.
Mittal Steel’s employees are drawn from 49 different nationalities.
Acquisitions
Mittal Steel’s growth is very closely linked to the company’s inherent ability to turn around sick steel plants into profit making and efficient units. In 2006 the company acquired Arcelor, one of the biggest steel makers in the world, in a hostile takeover that grabbed worldwide media attention for a long time. This acquisition made Mittal Steel the world’s biggest steel maker.Organization
Mittal Steel is headed by Mr. L. Mittal who is the Chairman and CEO of the company.Mittal Steel employees over 224,000 people worldwide.
Mittal Steel’s head office is in:
Mittal Steel Company N.V.15th Floor
Hofplein 20
3032 AC Rotterdam
The Netherlands
Tel: +31 10 217 8800
Fax: +31 10 217 8850
Website: www.mittalsteel.com
