Mittal Steel and the global steel industry document discusses the history and production process of steel industry since 200 BC. It then summarizes the turbulence and consolidation phase of 1980s-2001 when mini-mills captured 1/3rd of production. The document also outlines the early history of Mittal Steel, formerly known as Ispat Industries, as it grew from a small firm in India through strategic acquisitions and investments to become the largest steel producer in the world by 2006 after acquiring Arcelor.