Most popular Companies
Arselor Mittal
The company has been formed by merge of companies Ispat International N.V. (which absorbed LNM Holdings N.V. before) and International Steel Group Inc. in 2005.
The companies owns metallurgical manufactures located in Great Britain, the USA, Canada, Poland, Czech Republic, Germany, Ukraine, the republic of South Africa, Kazakhstan, India and other countries.
In October 2005 Mittal Steel has won the repeated competition on the privatization of the largest Ukrainian manufacturer of steel "Krivorozhstal", having offered for this active $4,8 billion.
The leading steel company in the world, with shipments of 49.2 million tons and incomes more than 28.1 billion $ in 2005. The company is the owner of steel foundries in 16 countries, covering four continents. There are nearby 224 000 persons representing 49 various nations in the company staff. Shares of company are quoted at the New York and Amsterdam stock exchanges.
Mittal Steel has established the rate for consolidation and globalisation of the world steel industry. The majority of acquisitions of Arselor Mittal, which were before in a state ownership, became more successful. In the course of manufacture adjustment at recently acquired factories the company has introduced the advanced practical achievements and modern methods of production. The program of capital investments of the company is the most effective in the steel industry sphere at present.
Mittal Steel possesses also enough strong client, base covering 150 countries, which includes world famous brands in automobile, engineering and instrument-making sectors.
It occupies the important place among the most effective manufacturers of steel in the world. The company also is high on the list among the most advanced steel manufacturers, using the big spectrum of modern technologies in its activity.