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International Steel Group - Definition and Overview |
| Related Words: Catholic, Civic, Civil, Common, Communal, Cosmopolitan, Ecumenical, Foreign, Galactic, General, Global, National, Nondenominational, Planetary |
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Mittal Steel Company N.V. (NYSE: MT (http://www.nyse.com/about/listed/lcddata.html?ticker=MT)) is the world's largest steel producer. It's headquarter is in Rotterdam, The Netherlands. It was formed when Ispat International N.V. acquired LNM Holdings N.V. and merged with International Steel Group Inc. in 2004.
Business
It employs 165,000 people. Expected revenue for 2004 is $22 billion. It produced 48 millions tonnes of steel during 2004, in front of Arcelor (42.8 Mt), and Nippon Steel (31.3 Mt).
The company has production units in 14 countries, including China, India, Indonesia, United States, Mexico, Canada, France, Germany, Poland, Romania, Algeria and South Africa.
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