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Mittal Steel in 2006: Changing the Steel Game
Mittal Steel's remarkable rise to the top of the steel industry spearheaded a wave of cross-border consolidation that aimed to fundamentally change the industry's competitive and geographic structure. This case provides the opportunity to examine how Lakshmi Mittal built his company's position via international acquisitions, to assess the logic of global integration in the steel industry, and to think through how Mittal can continue adding value to its acquired operations on an ongoing basis (i.e., post-turnaround) as a global steel company.