| 1976 Ispat Indo established in Iindonesia (began with just 65k steel rolling capacity) |
| 1978 Started liquid steel production for the 1st time |
| 1989 Caribbean Ispat formaed (358 kt steel shipments pre LNM 775 kt after) |
| 1992 Imexesa, Mexico (479 kt shipments pre LNM, 2,759 kt after) |
| 1994 Ispat Sidbec, Canada (1,174 kt shipments pre LNM,1,392 kt after) |
| 1995 Ispat Hamburger Stahlwerke in Germany bought (849 kt shipments pre LNM, 1,008 kt after), Ispact Karmet in Kazakhstan acquired (2,297 kt shipments pre LNM, 3,781 kt after) |
| 1996 Ispat Karmet acquires a power plant and coal mines to assure supplies |
| 1997 Ispat international N.V floated on the NY and Amsteram Stock exchanges. Ispat Stahwerk Ruhrot and Ispat Walzdraht Hochfeld in Germany join the Group. |
| 1998 Ispat inland in the USA accquired (4,773 kt shipments pre LNM, 5,129 kt after) |
| 1999 Ispat Unimetal, in France acquired (1,313 kt shipments pre LNM, 1,218 kt after) |
| 2001 Ispat Sidex in Romania acquired, (3,041 kt shipments pre LNM, 3,657 kt after) plus a majority stake taken in Ispat Annaba in Algeria (828 kt shipments pre LNM, 1,261 kt after) |
| 2002 Strategic Equity Partnership in Iscor Limited, South Africa. (5,284 kt shipments pre LNM, 5,962 kt after ) |
| 2003 Ispat Nova Hut in the Czech Republic acquired. 35 million tonnes total anticipated steel shipments in 2003 |
| TRACK RECORD: An entrepreneur with Indian roots, Lakshmi N. Mittal, formed the LNM
Group in 1976, setting up a small greenfield project for rolling bars
and wire rods in Indonesia. Since then, the group has become the fastest
growing and most global steel business in the world and today has operations
in 12 countries, employing over 120,000 people of over 45 nationalities.
|