Mittal Steel Company N.V.

Naamloze Vennootschap

is the Dutch term for a public limited liability company. The company is owned by shareholders, and the company's shares are not registered to certain owners, so that they may be traded on the public stock market....

was one of the world's largest steel

Steel

Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...

 producers by volume, and also one of the largests in turnover. The company is now part of ArcelorMittal.

CEO Lakshmi Mittal

Lakshmi Mittal

Lakshmi Narayan Mittal is an Indian steel magnate. He is the chairman and chief executive officer of ArcelorMittal, the world’s largest steelmaking company....

's family owned 88% of the company. Mittal Steel was based in Rotterdam

Rotterdam

Rotterdam is the second-largest city in the Netherlands and one of the largest ports in the world. Starting as a dam on the Rotte river, Rotterdam has grown into a major international commercial centre...

 but, managed from London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 by Mittal and his son Aditya

Aditya Mittal

Aditya Mittal is a CFO, Responsible for Flat Americas, Mergers and Acquisitions , Investor Relations, Strategy and Communications of the world's largest steel firm ArcelorMittal, which is controlled by his father Lakshmi Mittal, who was ranked the fifth richest person in the world by Forbes in...

. It was formed when Ispat International

Ispat International

Ispat International N.V. was a steel producing company with operations in Mexico, Trinidad, Canada, Germany and the United States. The company is specialized in the integrated mini-mill process and has a wide range of flat & long steel products, including slabs & wire rods.Lakshmi Mittal was the...

 N.V. acquired LNM Holdings N.V. (both were already controlled by Lakshmi Mittal) and merged with International Steel Group

International Steel Group

International Steel Group was a steel company headquartered in Cleveland, Ohio. In 2004 it was ranked #426 on the Fortune 500. It was created after the turn around fund, WL Ross & Co. LLC, purchased LTV Steel in February 2002...

 Inc.