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Mittal Steel Company was formed as Ispat International in 1978. At the time it was part of the Indian Steel company Ispat Industries which had been founded by Lakshmi Mittal's father in 1984. It was owned by the Mittal family, but in 1995 Ispat International separated from Ispat Industries after various disagreements between Lakshmi and his father.
Ispat Steel Ltd (ISL) was an Indian company with operations in iron, steel, mining, energy and infrastructure. It was set up as Nippon Denro Ispat Limited in May 1984 by founding chairman M. L. Mittal. [3] It was listed on the Bombay Stock Exchange and National Stock Exchange of India until 2013 when it was merged with JSW Steel. [4]
It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. [3] ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022. [5] It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations.
Qarmet, previously known as Ispat Karmet, Mittal Steel Temirtau, and ArcelorMittal Temirtau, is a Kazakhstani integrated steel and mining company that owns the Karaganda Metallurgical Plant in Temirtau, Karaganda Region, the largest steel plant in Kazakhstan. [1] Since December 2023, it is owned by the Qazaqstan Investment Corporation.
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Merged company's rename Mittal Steel Company NV. Mittal Steel merger with International Steel Group of the US, to create the world's largest steel-maker. 2005: 14 March – Ispat commences trading under the name Mittal Steel Ltd. 2013: ESM (Electric Steel Making) department at the Vanderbijlpark Works had to stop all 3 their Arc Furnace's and ...