Mittal Steel Company

Mittal Steel Company, N.V.
IndustrySteel
Founded1989 as Ispat International in Sidoarjo, Indonesia
FounderLakshmi Mittal
DefunctAugust 1, 2006 (2006-08-01) (acquired Arcelor to form ArcelorMittal)
SuccessorArcelorMittal
HeadquartersRotterdam, Netherlands
Area served
Worldwide
Key people
Lakshmi Mittal
(Chairman & CEO)
ProductsSteel, flat steel products, coated steel, tubes and pipes
Revenue US$28.132 billion (2005)
$4.746 billion (2005)
$3.365 billion (2005)
Number of employees
320,000 (2006)

Mittal Steel Company N.V., incorporated in the Netherlands and headquartered in the United Kingdom, was a steel producer. In 2006, it produced 110.5 million tonnes of steel and had annual production capacity of 138 million tons of steel. In August 2006, it acquired Arcelor to form ArcelorMittal.

The company was named Ispat International N.V. until a merger with LNM Holdings N.V. in 2004.

As of 2006, the company was 44.79% owned by Lakshmi Mittal and his family and 54.74% of the company was publicly traded.