Laxmi Nivas Mittal

Saraswati Institute of Engineering & Technology, Hapur

Lakshmi Mittal “ STEEL KING ”

Chairman and Founderof

Arcelor-Mittal Steel Group of Companies

APresentation

on

1

RESULT

Biography & Family Back Ground

Business Idea and Start-up

Business Strategies and Policies

Awards and Achievements

Massage of His LIFE.


Flow of Presentation

Present Status of Lakshmi Mittal

2


Biography & Family Back Ground

Indian born British steel tycoon.Born on 15th June 1950 in Rajasthan, Sadulpur Village. Family moved to Kolkata from Rajasthan. He graduated at the top from St. Xavier's College in Calcutta

(Now known as Kolkata) with a Bachelor of Commerce degree (B. Com.) in Business and Accounting in 1969.

His father Mohanlal Mittal set up a small steel mill in Kolkata.Began his career working in the family's steelmaking

business in India, and in 1976. He married with Usha. In 1994, he branched out on his own due to differences with

his father - with his uncles.

3


Business Idea and Start-up

.His vision and hard work, Mittal pioneered the development of integrated mini-mills and the use of Direct Reduced Iron or “DRI” as a scrap substitute for steelmaking and led the consolidation process of the global steel industry.

Between 2001 and 2004 takeover of plants in Romania, the Czech Republic and Poland followed.

In 2004 Mittal Steel became the largest steelmaker in the world, with shipments of 42.1 million tons of steel and profits of over USD 22 billion.

In February 2005, he got his big-ticket entry into the lucrative European market.

In June 2005, acquired the massive 5 million ton Kazakh steel plant, Karmet from the government of Kazakhstan

4


Continue….

The year 2005 saw a tug of war between Mittal and Arcelor. Mittal beat Arcelor to the 4.8 billion dollar deal. Less than three months later, Mittal launched his takeover

bid of Arcelor. And at that time he became the world's largest steel

producer at 150 million tonnes steel in 2006 year. Ukraine's government gave him owner as a ‘Sultan of

steel’.

5


Continue….

Arcelor Mittal Deal

Mittal beat Arcelor to the 4.8 billion dollar deal World’s two largest steel makers was merged and the new

company will account for 10% of global production.

6

Head Quartered in Netherland The world’s largest steel producing company Global presence in 18 countries with 260,000 workforce Highest revenue in the industry Tremendous acquisition momentum Product versatility in every segment Today the world's largest steel producer at 150 million tonnes steel in a year.

Introduction Arcelor-Mittal Empire


7


`

8

Hierarchy of ARCELOR-MITTAL STEEL COMPANY


9

USA

Mex

ico

Sout

h Af

rica

Rom

ania

Pola

nd

Ger

man

y

Kaza

ksta

n

Cana

da

Czec

h

Trin

idad

Ukr

ain

Alge

ria

Oth

ers0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Countries

Stee

l (T

ons)

(Steel Exports in Diff erent countries)Arcelor-Mittal Steel

Company

10


Arcelor-Mittal Steel Company (INDIAN Scenario)


(Global Presence)

11

Cuba

Mexico

France Germany

Romania

South Africa

Macedonia

Poland

Algeria

HQ

Arcelor-Mittal Steel Company

USA

Canada

Czech Republic

Bosnia

Italy

Ukraine

Kazakhstan

Brazil

HQ

= Netherland


12

14%

51%

35%

Years 2009 2010 2011 2012 2013

Americas 11.2 10.4 9.7 24.3 35.6

Europe 4.7 41.8 79.3 128.2 130.4

Asia & Africa 64.3 64.1 75.4 71.8 90.8

Total 80.2 116.3 164.4 224.3 256.8

(Numbers of Employees in Thousands)

2003 2004 2006 2007 2008

(Employees by Global Regions)Arcelor-Mittal Steel

Company


Awards and Achievements

13

2008 “Padma Vibhushan”, Second Highest Indian Civilian Honor

2007 “Asian Business Award”, Middle East

2007 Bessemer Gold Medal, Institute of Materials, Minerals & Mining

2006 “Person of the Year” – Financial Times

2004 “European Businessman of the Year” – Fortune Magazine

1998 “Willy Korf Steel Vision Award” – American Metal Market & Paine

Weber’s World Steel Dynamics

1996 “Steel maker of the Year” – New Steel Organization, USA


Present Status of Lakshmi Mittal

14

World’s largest and most global steel company with shipment

of $49.2 million tones and revenue of over $28.1 billion in 2005

and net income of $3.4 billion.

No. 1 high quality steel producer with crude steel capacity with

more than 70 million tons per annum.

Own steel making facilities in 16 countries spanning 4

continents.

Employs 224000 people spanning 49 different nationalities.


15

L N Mittal is a member of The Foreign Investment Council in Kazakhstan, The International Investment Council in South Africa,The World Economic Forum’s International Business

Council and The International Iron and Steel Institute’s Executive

Committee.

L N Mittal is on the advisory board of the Kellogg School Of Management in the US


16

Qualities and Distinctiveness of Lakshmi Mittal

Hard workingOutstanding visionConvincing, Motivating and

guidingCapacity to leadBravery Last but not Least……..A caring family man…..!!

Contact Address :

Lakshmi Mittal

“Summer Palace”The Bishops AvenueHampstead Garden Suburb LondonN2 OAB Great BritainPhone : 0171 629 7988 Website : www.mittalsteel.com

“Summer Palace”

http://www.mittalsteel.com/

Any Question Please????