Mittal Steel Included in Fortune Global 500 for the First Time
Mittal Steel Company N.V. ("Mittal Steel") has been included for the first time in Fortune Magazine's Global 500 list, the ranking of the world's largest corporations.
Mittal Steel is ranked the world's 253rd largest company in terms of revenues (US$22.2 billion) and 55th in terms of profits (US$4.7 billion).
In its sector, Mittal Steel ranked number 1 for profits, with a profit margin of 21%.
The Company was also ranked number 1 globally for the biggest increases in revenues, the biggest increases in profits and the highest returns on assets.
About Mittal Steel
Mittal Steel Company is the world's largest and most global steel company. The company has operations in fourteen countries, on four continents. Mittal Steel encompasses all aspects of modern steelmaking, to produce a comprehensive portfolio of both flat and long steel products to meet a wide range of customer needs. It serves all the major steel consuming sectors, including automotive, appliance, machinery and construction. For 2004, Mittal Steel had revenues of US$22.2 billion and steel shipments of 42.1 million tons. The company trades on the New York Stock Exchange and the Euronext Amsterdam under the ticker symbol "MT".
Mittal Steel Company
Nicola Davidson, +44 (0)20 7543 1162
or
Corporate Communications
Paul Weigh, +44 (0)20 7543 1172
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