m










m Submitted to:
m Ms. Susan Heap
m Submitted by:
m Jaimin Patel
m Date: 23-11-2010
 m


m Mndian born British steel tycoon

m Born on 15th June 1950 at Sadualpur, District
Rajasthan
m The family later moved to Kolkata from
Rajasthan
m His father Mr. Mohan Lal set up a small steel
mill in Kolkata
w w
  

m Mr. Lakshmi Niwas Mittal belong to a

poor family·
m The extended family of 20 lived on bare
concrete floors
m Slept on rope beds

m Cooked on an open fire on the backyard

in a house of his grandfather.
Ñ ÿ
  
 

 
 
 
 

 





 
 





 


 
  
 

 


  
ww
m Mn 1976 Mittal moved to
Mndonesia and acquired a
steel plant MSPAT MNDO
m Group started spreading its
activities across the globe in
1989 when it acquired an
ailing plant in Trinidad and
Tobago which was revived
m His success has largely been
built on buying up loss
making steel mills and
quickly turning them into
profit
 



m 1989: Acquisition of Mron & Steel Company of

Trinidad & Tobago
m 1992: Acquisition of Sibalsa

m 1994: Acquisition of Sidbec-Dosco

m 1995: Acquisition of Hamburger Stahlwerke >

Mspat Mnternational Ltd. and Mspat Shipping
formed > Acquisition of Karmet
×
     









×      

!


×     
"ÿ#$    

×
 %
 &
 
 



  
     
'(

      
)
 
$

    
&
$    

* 


 &


$
 
* 



    


 



 w
 

m Arcelor Mittal is now the largest

steel company in the world.
m Arcelor Mittal is the leader in a
major global markets, including
automotive, construction,
household appliances &
packaging.
m The company is headquartered
in southern Luxemburg City, the
former seat of Arcelor
m Lakshmi Mittal (Co-owner of
Mittal Steel), a non-resident
Mndian is a chairman and CEO.

+,-



. 
 
 
* 



/
(
 0,12/



 
  
,,.




-


,3



, */4-
 
5 
 
* 

0,662+



 u 


m ?orlds largest and

most global steel
company with the
shipment of 49.2
million tones and
revenue of over $28.1
billion in 2005 and net
income of $3.4 billion
'2, 

  

   









7



 
,.

 


6 



8
/-/6-



69
 

 

 

 w 
 
w 
w

m
w




     w 

w w wmw

 w m


 w


  
ww
  w
 
 ww

m Outstanding vision
m Hardworking

m Convincing, motivating and guiding

m Enthusiastic

m Capacity to lead

m Bravery
 

m Mn 1996 he was awarded as a ´Steelmaker of the

yearµ by New Steel in the USA
m Mn 1998 he received The ´?illy Korf Steel Vision
Awardµ
m Mittal was awarded as an ´European Businessman of
the Year in 2004µ by Fortune Magazine
m Mn March 2005, Forbes named him the ´Third Richest
Man in the ?orld and the richest non-American with
the wealth of $25 billionµ

wmw

L N Mittal is a member of
m The Mnternational Mnvestment Council in South Africa
m The foreign Mnvestment Council in Kazakhstan
m The Mnternational Mron & Steel Mnstitution Executive Committee
m The ?orld Economic Forum·s Mnternational Business Council and
m L N Mittal is on the advisory board of the kellogg School of the Management in
the USA
u  
u

 
m
Mittal Steel believes that business should play a
major role in supporting the societies in which they
operates. Mn this sense of social responsibility
Mittal steels provide their kind support to:
m Kazakhstan
m South Africa
m USA
m Algeria
m Mndia
  u 

m Mittal Steel South Africa

has donated over $177
million to community
development projects
m Company·s latest project
to sponsor South Africa
National Science
Olymbiads
m Mittal Steel sponsorship
is valid at $1.5 million
  

m Robust set of safety standards to reduce
accidents
m Mittal Steel Operates in E-Room

m As per Mittal safe business is a good business


 



m Sponsorship & support to football,

basketball & other sports
m Sporting beneficiaries are Czech Republic,
Romania & Algeria
m Sporting link with ?est Mndies
u


m Main provider of electricity
m Urban development project in
Kaeaganda Mittal steel
acquired Termiratau in 1995
m Constructed modern facilities
for the Karaganda Metallurgical
Mnstitute
m Mn Algeria Company gave
$100,000 aid
m $242,000 corporate
contribution in 2005
m Management & Employees
equally moved by devastation
when hurricane Katrina Mnflicted
m This raised more than
$500,000 for red cross




m ´The steel industry has always been

fragmented. The steel industry needs to
be consolidated,µ Mittal said in a
television interview on CNN.
m Steel makers across Asia are putting
defensive measures in place to prevent
being swallowed by Arcelor Mittal.
Mittal is combining with Luxembourg-based
Arcelor SA in a $38.3 billion transaction
to create a company pouring a 10th of the
world steel.
m ´?e are focusing on Mndia and China,µ
Mittal said on July 2007 in Bhubanewasµ,
´ Mndia is a very important milestone for
us to remain the biggest company in the
global steel industry.µ
 



m A transactional leader:
Mittal is a transactional leader who
guides and motivates his followers in
the direction of established goals by
clarifying roles and task requirements.
The Leader in Mittal:
m A great individual
m A corporate leader in business
m Started the trend of mergers around
the world
m A caring family man
m A complete human being
   
 
 
2:
 





2;
" ' *