Steel listed in Fortune Global 500
Rotterdam, The Netherlands—
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.