Mittal Steel USA Enters Export Market
2007年4月20日 - 11:58PM
PRニュース・ワイアー (英語)
CHICAGO, April 20 /PRNewswire-FirstCall/ -- Mittal Steel USA has
begun the sale of steel for export beginning this quarter and
continuing on an ongoing basis. This is being done to take
advantage of the strength of the global market and the resources of
Arcelor Mittal International, the company's global trading arm.
Sales are initially targeted at 200,000 tons during the second
quarter from several of the company's Eastern and Midwestern U.S.
plants. "Traditionally, Mittal Steel USA and its predecessor
companies have not been active exporters," said Michael G. Rippey,
president and chief executive officer of Mittal Steel USA.
"However, with the continuing strength in the global market, we
plan to aggressively seek new opportunities that fit our
capabilities. "As the global leader in high-quality steels, Arcelor
Mittal is well positioned to serve the needs of the world's most
demanding steel customers by capitalizing on the unique
capabilities of our global network." About Mittal Steel USA Mittal
Steel USA, with its affiliates, is the largest steel producer in
North America and the largest integrated steel producer in the
United States. It serves a broad U.S. manufacturing base. The
company was formed in April 2005 and consists of the former Ispat
Inland and the former International Steel Group. It has operations
in 12 states of the United States. About Arcelor Mittal Arcelor
Mittal is the world's number one steel company, with 330,000
employees in more than 60 countries. The company brings together
the world's number one and number two steel companies, Arcelor and
Mittal Steel. Arcelor Mittal is the leader in all major global
markets, including automotive, construction, household appliances
and packaging, with leading R&D and technology, as well as
sizeable captive supplies of raw materials and outstanding
distribution networks. An industrial presence in 27 European,
Asian, African and American countries exposes the company to all
the key steel markets, from emerging to mature, positions it will
be looking to develop in the high-growth Chinese and Indian
markets. Arcelor Mittal key pro forma financials for 2006 show
combined revenues of USD 88.6 billions, with a crude steel
production of 118 million tonnes, representing around 10 per cent
of world steel output. Arcelor Mittal is currently listed under the
legal entity Mittal Steel NV on the stock exchanges of New York
(MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT)
and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid
(MTS) and Valencia. Forward-Looking Statements This communication
contains forward-looking information and statements about Mittal
Steel Company N.V. and Mittal Steel USA Inc. Forward-looking
statements are statements that are not historical facts. These
statements include financial projections and estimates and their
underlying assumptions, statements regarding plans, objectives and
expectations with respect to future operations, products and
services, and statements regarding future events and performance.
Forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 are generally identified
by the words "believe," "expect," "anticipate," "target" or similar
expressions. Although Mittal Steel USA's management believes that
the expectations reflected in such forward-looking statements are
reasonable, investors and holders of Mittal Steel Company N.V.
securities are cautioned that forward-looking information and
statements are subject to various risks and uncertainties, many of
which are difficult to predict and generally beyond the control of
Mittal Steel Company, N.V., that could cause actual results and
developments to differ materially from those expressed in, or
implied or projected by, the forward- looking information and
statements. These risks and uncertainties include those discussed
or identified in the public filings with the SEC made or to be made
by Mittal Steel Company, N.V. including on Form 20-F. Mittal Steel
Company, N.V. and Mittal Steel USA undertake no obligation to
publicly update its forward-looking statements, whether as a result
of new information, future events, or otherwise. DATASOURCE: Mittal
Steel USA CONTACT: David C. Allen, Mittal Steel USA Communications,
+1-312-899-3692
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