Lakshmi Mittal is an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. The document provides details about Mittal's background and family in India, how he started his own steel business and pursued an aggressive acquisition strategy to build ArcelorMittal into the largest steel company in the world. It discusses Mittal's business strategies, ArcelorMittal's operations and presence in over 16 countries, and Mittal's numerous awards and recognition as one of the most successful businessmen in the global steel industry.

1. Narayana Business School of Management , Ahemdabad.
Lakshmi Mittal
“ STEEL KING ”
Chairman and Founder
of
Arcelor-Mittal Steel Group of Companies
Presentation
on
1
Prepared By :-
Anamika
Deepika
Kuldip PAL
Pankaj

2. RESULT
Biography & Family Back Ground
Business Idea and Start-up
Business Strategies and Policies
Awards and Achievements
Massage of His LIFE.
Narayana Business School of Management , Ahemdabad.
Flow of Presentation
Present Status of Lakshmi Mittal
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3. Narayana Business School of Management , Ahemdabad.
Biography & Family Back Ground
 Indian born British steel tycoon.
 Born on June 15th 1950 in Rajasthan, Sadulpur Village.
 Family moved to Kolkata from Rajasthan.
 He graduated at the top from St. Xavier's College in Calcutta
(Now known as Kolkata) with a Bachelor of Commerce
degree in Business and Accounting in 1969.
 His father Mohanlal Mittal set up a small steel mill in Kolkata.
 Began his career working in the family's steelmaking
business in India, and in 1976.
 He married with Usha.
 In 1994, he branched out on his own due to differences with
his father with his uncles.
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4. Narayana Business School of Management , Ahemdabad.
Business Idea and Start-up
 . His vision and hard work, Mittal pioneered the development
of integrated mini-mills and the use of Direct Reduced Iron or
“DRI” as a scrap substitute for steelmaking and led the
consolidation process of the global steel industry.
 Between 2001 and 2004 takeover of plants in Romania, the
Czech Republic and Poland followed.
 In 2004 Mittal Steel became the largest steelmaker in the
world, with shipments of 42.1 million tons of steel and profits
of over USD 22 billion.
 In February 2005, he got his big-ticket entry into the lucrative
European market.
 In June 2005, acquired the massive 5 million ton Kazakh
steel plant, Karmet from the government of Kazakhstan
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5. Narayana Business School of Management , Ahemdabad.
Continue….
 The year 2005 saw a tug of war between Mittal and Arcelor.
 Mittal beat Arcelor to the 4.8 billion dollar deal.
 Less than three months later, Mittal launched his takeover
bid of Arcelor.
 And at that time he became the world's largest steel
producer at 150 million tonnes steel in 2006 year.
 Ukraine's government gave him owner as a ‘Sultan of
steel’.
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6. Narayana Business School of Management , Ahemdabad.
Continue….
Arcelor Mittal Deal
Mittal beat Arcelor to the 4.8 billion dollar deal
World’s two largest steel makers was merged and the new
company will account for 10% of global production.
Legal Complexities Faced for Merging such as,
 Multinational Jurisdiction
 EC (European Council) Directive
 Anti competition Laws
 Shareholder resolutions etc…..
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7.  Head Quartered in Netherland
 The world’s largest steel producing company
 Global presence in 18 countries with 260,000 workforce
 Highest revenue in the industry
 Tremendous acquisition momentum
 Product versatility in every segment
 Biggest “ Direct Reduced Iron ” producer
 Today the world's largest steel producer at 150 million tonnes
steel in a year.
Introduction Arcelor-Mittal Empire
Narayana Business School of Management , Ahemdabad.
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8. Narayana Business School of Management , Ahemdabad.
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Hierarchy of ARCELOR-MITTAL STEEL COMPANY

9. Narayana Business School of Management , Ahemdabad.
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Arcelor Mittal Steel Company’s strategy is not only about growth but
they are Implementing some Corporate and Social Responsibility strategies
which are given below,
A)Business policies
B)HR strategy
C)Environmental strategy
D)Community strategy
E) Shareholders strategies
Business Strategies and Policies

10. Narayana Business School of Management , Ahemdabad.
Pursuit of constant restructuring and cost-cutting
Moving away from commodity steel production
 Specialization
 Higher value added production
Growth strategies
 Growing market required
 Sufficient cost advantage
 New technologies
 Changing mindsets from regional to global
 Mergers resulting in major industrial rationalisation
(Business Polices)Arcelor-Mittal Steel Company
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11. Narayana Business School of Management , Ahemdabad.
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To maintain our position in the lowest cost quartile
Initiatives aimed at cost reduction, through:
 Operating efficiency improvements
 Raw materials & procurement initiatives
 Increased labour productivity
 Newcastle PCI project
Improving our operating capabilities
 Improving our cost competitiveness
 Growth through optimal capital expenditure
Focusing on global marketing efforts
Creating an a high performance culture
Be a responsible and corporate citizen

12. Narayana Business School of Management , Ahemdabad.
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(HR Strategies)Arcelor-Mittal Steel Company
Communication
Common culture
Training and development
Mutual respect
Individual counseling

13. Narayana Business School of Management , Ahemdabad.
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(Environmental Strategies)Arcelor-Mittal Steel Company
Greenhouse gas emissions
Waste, water resources and pollution
Research & Development of product sustainability

14. Narayana Business School of Management , Ahemdabad.
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(Community Strategies)Arcelor-Mittal Steel Company
Local economic development
Foundation for social investment practice
Community engagement around new acquisition and resettlements
Main provider of electricity.
Urban development project in Karaganda Mittal Steel acquired
Termiratau in 1995.
Constructed modern facilities for the Karaganda Metallurgical
institute.
In Algeria Company gave $100,000 aid.
$242,000 Corporate contribution in 2005.
Management & Employees equally moved by devastation when
hurricane Katrina inflicted.
This raised more then $500,000 for red cross.

15. Narayana Business School of Management , Ahemdabad.
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(Shareholders Strategies)Arcelor-Mittal Steel Company
Board independence
Equal rights among shareholders
Best in class shareholder dialogue

16. Narayana Business School of Management , Ahemdabad.
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0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
USA
Mexico
SouthAfrica
Romania
Poland
Germany
Kazakstan
Canada
Czech
Trinidad
Ukrain
Algeria
Others
Steel(Tons)
Countries
(Steel Exports in Different countries)
Arcelor-Mittal Steel
Company

17. 17
Narayana Business School of Management , Ahemdabad.
 Arcelor-Mittal Steel Company (INDIAN Scenario)

18. 18
Narayana Business School of Management , Ahemdabad.

19. Narayana Business School of Management , Ahemdabad.
(Global Presence)
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Cuba
Mexico
France
Germany
Romania
South Africa
Macedonia
Poland
Algeria
HQ
Arcelor-Mittal Steel
Company
USA
Canada
Czech Republic
Bosnia
Italy
Ukraine
Kazakhstan
Brazil
HQ = Netherland

20. Narayana Business School of Management , Ahemdabad.
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14%
51%
35%
Years 2009 2010 2011 2012 2013
Americas 11.2 10.4 9.7 24.3 35.6
Europe 4.7 41.8 79.3 128.2 130.4
Asia & Africa 64.3 64.1 75.4 71.8 90.8
Total 80.2 116.3 164.4 224.3 256.8
(Numbers of Employees in
Thousands)
2003 2004 2006 2007 2008
(Employees by Global Regions)
Arcelor-Mittal Steel
Company

21. Narayana Business School of Management , Ahemdabad.
35%
10%10%
9%
7%
6%
6%
6%
6% 5%
Steel Producer’s in the WORLD
Arcelor Mittal
Nippon Steel
JFE
POSCO
Baosteel
U.S. Steel
Nucor
Tangshan
Corus Group
Riva Group
( Numbers in Million
Metric Tons )
(Steel Producers’ Ranking)
Arcelor-Mittal Steel Company
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22. Narayana Business School of Management , Ahemdabad.
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8,734
533
12,148
6,797
28,696
1,806
27,518
14,551
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
Revenue Net Income Assets Liabilities
Income Statement
(Numbers in Millions
Dollars)
2012 2013
(Income Growth)
Arcelor-Mittal Steel Company

23. Narayana Business School of Management , Ahemdabad.
Awards and Achievements
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 2008 “Padma Vibhushan”, Second Highest Indian Civilian Honor
 2007 “Asian Business Award”, Middle East
 2007 Bessemer Gold Medal, Institute of Materials, Minerals & Mining
 2006 “Person of the Year” – Financial Times
 2004 “European Businessman of the Year” – Fortune Magazine
 1998 “Willy Korf Steel Vision Award” – American Metal Market &
Paine
Weber’s World Steel Dynamics
 1996 “Steel maker of the Year” – New Steel Organization, USA

24. Narayana Business School of Management , Ahemdabad.
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 Mittal Steel believes that businesses should play a major
role in supporting the communities in which they operate.
 Operations by Mittal Steel in the sense of social
responsibility kind of support to:
 Kazakhstan
 South Africa
 USA
 Algeria
 India

25. Narayana Business School of Management , Ahemdabad.
Present Status of Lakshmi Mittal
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 World’s largest and most global steel company with shipment
of $49.2 million tones and revenue of over $28.1 billion in 2005
and net income of $3.4 billion.
 No. 1 high quality steel producer with crude steel capacity with
more than 70 million tons per annum.
 Own steel making facilities in 16 countries spanning 4
continents.
 Employs 224000 people spanning 49 different nationalities.

26. Narayana Business School of Management , Ahemdabad.
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 L N Mittal is a member of
The Foreign Investment Council in Kazakhstan,
The International Investment Council in South Africa,
The World Economic Forum’s International Business
Council and
The International Iron and Steel Institute’s Executive
Committee.
 L N Mittal is on the advisory board of the Kellogg School Of
Management in the US

27. Narayana Business School of Management , Ahemdabad.
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Qualities and Distinctiveness of Lakshmi Mittal
Hard working
Outstanding vision
Convincing, Motivating and guiding
Zeal and fierceness
Capacity to lead
Bravery
Last but not Least……..
A caring family man…..!!

28. Contact Address :
Lakshmi Mittal
“Summer Palace”
The Bishops Avenue
Hampstead Garden Suburb London
N2 OAB Great Britain
Phone : 0171 629 7988
Website : www.mittalsteel.com
“Summer Palace”

29. Any Question Please????