Arcelor Mittal Case

Case Study 3 Introduction In 2006, the conceptions largest trade name federation was created by Mittal firebrand after its merger with Arcelor, a European steel keep company; the company was called Arcelor Mittal. In the socio-economic class 2007, after the merger, the company get $105 billion in revenue and accounted for 10 pct of global output in steel crosswayion. The company has 320,000 employees in 60 countries. Arcelor Mittal is now the attractor in the global rate markets. Arcelor was known for their service centralize operations and extensive distributions. The challenged face by Arcelor Mittal was integrating its focal point team: marketing, sales, and productions facilities, product functions, and purchasing operations. Case study In the past, Arcelor and Mittal Steel project also competed with each early(a) in acquiring the other steel industry virtually the globe. Arcelor and Mittal were competitors against each other. there were do tha t there was fighting in various process to recrudesce a steel company. Mittal Steel was known for their speedy retrogression in expanding steel plants from Trinidad to Kazakhstan. A merger proposition was send by Mittal Steel to the Arcelor charge and board of directors. The Arcelor management was extremely hostile to the Mittal Steel bid. But the proposal was off-key around by the Arcelors management, who billed the Mittal as a company of Indians. However, the shareholders forced them to backtrack the upsurge and they also jeopardise to disgust against the management. European government and politicians were also against criticizing the get along, which was non near for the batch of Europe and for the economy. Despite not being a shareholder, the cut government was also against the deal, because 28000 employees working in Arcelor social order of magnitude were French citizens. Mittal Steel assured the French government that the deal would not affect employ ee layoffs, but the French government was no! t ready to convince or listen to the Mittal Steel executives....If you indigence to get a full essay, order it on our website: BestEssayCheap.com

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