Laxmi mittal

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 2

3. Narayana Business School of Management , Ahemdabad. Biography & Family Back Ground Indian born British steel tycoon. Born on June 15 th 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. 3

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 4

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’. 5

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….. 6

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. 7

8. Narayana Business School of Management , Ahemdabad. ` 8 Hierarchy of ARCELOR-MITTAL STEEL COMPANY

9. Narayana Business School of Management , Ahemdabad. 9 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, Business policies HR strategy Environmental strategy Community strategy 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 10

11. Narayana Business School of Management , Ahemdabad. 11 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. 12 (HR Strategies) Arcelor-Mittal Steel Company Communication Common culture Training and development Mutual respect Individual counseling

13. Narayana Business School of Management , Ahemdabad. 13 (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. 14 (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. 15 (Shareholders Strategies) Arcelor-Mittal Steel Company Board independence Equal rights among shareholders Best in class shareholder dialogue

16. Narayana Business School of Management , Ahemdabad. 16 (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) 19 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. 20 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) (Employees by Global Regions) Arcelor-Mittal Steel Company

21. Narayana Business School of Management , Ahemdabad. ( Numbers in Million Metric Tons ) (Steel Producers’ Ranking) Arcelor-Mittal Steel Company 21

22. Narayana Business School of Management , Ahemdabad. 22 Income Statement (Numbers in Millions Dollars) 2012 2013 (Income Growth) Arcelor-Mittal Steel Company

23. Narayana Business School of Management , Ahemdabad. Awards and Achievements 23 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. 24 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 25 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. 26 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. 27 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 : [phone] Website : www.mittalsteel.com “Summer Palace”

29. Any Question Please????