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Mittal Steel’s operations in the Americas are located in the United States, Canada, Mexico and Trinidad. *Total steel shipments in 2004 amounted to 12.1 million tons compared with 11.6 million tons in 2003. The region generated revenue of $6.6 billion, up from $4.1 billion in 2003. Operating income of $1.6 billion compared with $136 million in 2003.
Mittal Steel’s operations in the Americas are low-cost, efficient producers that
achieve the highest operating margin among peer group companies. The operations in Mexico, Canada and Trinidad have led the way with the production and use of direct reduced iron (DRI), playing a large role in the Group’s drive to combine a high quality product mix with a competitive and flexible cost base. Captive facilities of DRI amount to 8.3 million tons a year.
Mittal Steel’s operations in the Americas offer a diverse portfolio of high value products, serving a blue chip list of customers. With award-winning research, they have been at the forefront of new product developments for the automotive industry in particular. Following the merger with International Steel Group, Mittal Steel is now the largest steel producer in the United States.
Mittal Steel USA
Mittal Steel USA is the largest steel producer in the United States, formed from the combination of Mittal Steel’s existing US business, Ispat Inland, with the assets of International Steel Group. Mittal Steel USA is a major supplier to the North American automotive industry as well as to the broader transportation sector, serving customers in the trucking, off-highway, agricultural-equipment, and railway industries. Mittal Steel USA also has a strong customer base in the appliance, office furniture, electrical motors, packaging, industrial machinery, and other manufacturing sectors, as well as the distribution and service-center industry.
Mittal Steel USA operates some of the most modern and efficient steel plants in North America. Major steel producing sites are located in East Chicago and Burns Harbor, Indiana; Cleveland, Ohio; Weirton, West Virginia; Sparrows Point, Maryland; Steelton, Pennsylvania; Georgetown, South Carolina; and Riverdale, Illinois. Value-added plate markets are served from the Company's Coshocton and Coatesville, Pennsylvania, facilities, as well as from operations in Indiana. As part of its partnership with Nippon Steel Corporation, the Company also operates two state-of-the-art steel-finishing plants near New Carlisle, Indiana: I/N Tek, a continuous cold rolling plant that produces sheet steel of unmatched quality and consistency, and I/N Kote, a plant comprising both hot-dip and electrogalvanising lines for flat-rolled steel. Mittal Steel also owns iron ore mines in Minnesota as well as coal properties in Pennsylvania and a direct-reduced-iron facility in Trinidad.
Mittal Canada
Mittal Canada is Canada’s fourth largest steel producer and the only Canadian steel-maker using internally produced DRI as its primary metallic input. Its wide range of high-quality flat and long steel products is sold mainly in Canada and the United States to the automotive, engineering, construction and other industries. Its subsidiaries and joint ventures produce wire and bar (Walker Wire), wire (Acufil),
pipe (Delta Tubes), galvanised products (Sorevco) and processed scrap (Sidbec Feruni and Deitcher & Frère).
Mittal Steel Lazaro Cardenas
Mittal Steel Lazaro Cardenas is Mexico’s largest steel producer and the world’s largest slab producer dedicated to the manufacture and sale of slabs solely to outside customers. The company is the only dedicated slab producer in the world using the DRI-EAF continuous casting method for its entire production. The company has an annual capacity of 4.0 million tons.
Mittal Steel Lazaro Cardenas’ unique technology, combined with advanced secondary metallurgy and vacuum degassing facilities, enables it to produce a broad variety of grades of slabs with wide-ranging applications. These range from sophisticated applications for the automobile and appliance industries to corrosion-resistant plates for shipbuilding, and structural and commercial grades for the construction industry.
Raw materials and slabs are shipped through a dedicated port facility,
which is Mexico’s largest bulk handling port.
Mittal Steel Point Lisas
Mittal Steel Point Lisas is the largest steel-maker in the Caribbean and the largest non-oil industrial complex in Trinidad and Tobago. It is a fully integrated mini-mill, using internally produced high-quality DRI to manufacture billets and a wide range
of medium to high quality grades of wire rods. With the largest DRI Midrex™ Megamod in the world, Mittal Steel Point Lisas’ DRI production is now 2.7 million tons, enabling it to supply other Mittal Steel companies.
The company benefits from reasonably priced, locally available natural gas and has a modern, captive marine terminal that handles cargo on a 24-hour basis. More than 90 per cent of output is exported – to the Caribbean, Central and South America, Canada, the USA and the Far East.
* Mittal Steel excluding ISG.
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