Company Profile

Mittal Steel has a unique global footprint, operating steel-making facilities in 14 countries and sales offices in 11 more.

Mittal Steel has a unique global footprint, operating steel-making facilities in 14 countries and sales offices in 11 more. With steel-making plants on four continents and an outstanding track record of growth, it has a presence in every market segment and enjoys a reputation for product quality and innovation. And with the recent merger with International Steel Group of the United States now completed it is also the world’s number one steel producer.

Underlying Mittal Steel’s success is a consistent strategy that emphasises size and scale, product diversity and quality, and a strong customer focus. It has allowed Mittal Steel to become one of the lowest-cost, highest-margin producers in the industry, serving many of the world’s most demanding customers.

Mittal Steel has led the consolidation of the world steel industry. Its acquisition programme has been driven by the firm belief that to deliver the range and quality of products global customers demand, a steel-maker must have the scale and worldwide presence to do so competitively.

Scale and worldwide presence bring many benefits. The ability to aggregate global purchasing allows Mittal Steel to source raw materials at advantageous prices – in many instances by accessing new supplier bases. All operations gain access to world markets through the Group’s global sales and marketing network. Worldwide presence ensures consistent customer service worldwide.

Mittal Steel’s operations support one another by generating inter-company supplies and product synergies. A Knowledge Sharing Programme in place since the mid-1990s is designed to speed the flow of best practice and techniques around the Company. It has been a major contributor to the success Mittal Steel has achieved in turning around acquisitions. It is supported by both a Continuous Improvement Programme - driven from the corporate office - and a culture of learning that is built on the encouragement of talent at every level.

Geographic diversity is mirrored by product diversity. The product portfolio comprises a wide range of both flat and long products. In longs, Mittal Steel produces numerous products ranging from automotive forgings to bright drawn free machining bars and a wide range of wire rod. In flat products, it produces hot and cold rolled, galvanised, exposed quality automotive, plates, pipes and tubes. The diversity of that product portfolio ensures a breadth of customer mix.

Mittal Steel invests in product technology. With two state-of-the-art research facilities, it has developed a comprehensive portfolio of advanced high-strength steels for the automotive industry and innovative products for the appliance and electric motor industries. It was one of the first steel-makers to participate in the customer product design process and continues to lead the way in helping customers reduce costs, improve product performance and meet new environmental and safety standards. On repeated occasions, Mittal Steel scientists have received worldwide recognition for their work.

The Group has also invested heavily in the plants it has acquired, modernising facilities, expanding capacity, and improving product mix. Mittal Steel has built a reputation for turning acquired companies into world-class operations through the implementation of this strategy.

Today, the Group is among the most efficient steel producers in the world, combining both integrated and mini-mill facilities and operating a range of modern process technologies. It has led the way in the production and use of direct reduced iron (DRI), which has helped keep the cost base flexible while ensuring a high-quality product mix.

One of the few vertically integrated steel-makers in the world, Mittal Steel has invested consistently in iron ore and coal mines in order to protect its supply sources and provide insulation against increases in input costs. It is one of the world’s largest producers of coke and has access to an extensive infrastructure of deepwater ports, railway sidings and engineering workshops.

Mittal Steel has forged a unique path in its industry. It intends to continue to do so.

Underlying Mittal Steel’s success is a consistent strategy that emphasises size and scale, product diversity and quality, and a strong customer focus.