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Arcelor Mittal in India whats Next ?

Writer's picture: avvsarathiavvsarathi

#Lakshmi.N.Mittal, #PadmaVibhushan Born - June 15, 1950 (age 70), Sadulpur, India Chairman, CEO (2006–) of ArcelorMittal, #World’s Largest #Steelmaking company. In the 1960s Mittal’s Group family were at Vizag and Kolkata and LN MIttal moved to Kolkata as his father operated a steel mill there. Mittal worked at the mill while studying science at St. Xavier’s College. After graduating in 1970 he served as a trainee at the mill and in 1976 he opened his own steel mill popular to us as PT.ISPAT INDO GROUP INDONESIA; In 1989 Mittal purchased the stressed state-owned steel works in Trinidad and Tobago and turned it around a year later. Many such ideas to succeed in a series of takeovers of stressed plants around the world and with good management teams reorganizing them. In 2004 restructured his own companies, Merged #IspatInternational and #LNMHoldings with buying another asset #InternationalSteelGroup,Ohio to become #MittalSteel Co. NV and as the world’s largest steelmaker. In 2006 another merger with #Arcelor to form ArcelorMittal and today over 100 MTPA production nearly India's total #Steelindustry production and in 2020 takes over #Essarsteel in India and as ArcelorMittal Nippon Steel India. What’s next? Anything #Greenfield Now in 2020, 50 years experience in #Steel?


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