What steel company was created by the 2006 merger of Arcelor and Mittal Steel?

ArcelorMittal was created by the 2006 merger of Arcelor and Mittal Steel.

Mittal Steel launched its bid for Arcelor in January 2006 after an earlier proposal was rejected. The companies reached an agreement in June, and the merger was completed later that year. The resulting group combined Arcelor’s European industrial base with Mittal’s rapidly expanding international steel operations.

Arcelor itself had been formed in 2002 through the merger of Arbed, Aceralia, and Usinor. Mittal Steel was controlled by the Mittal family and had grown through acquisitions in countries including Kazakhstan, Romania, and Poland.

ArcelorMittal became one of the world’s largest steel producers, with operations spanning mining, steelmaking, and distribution. The name is a direct combination of the two merging companies, so it is distinct from Tata Steel, POSCO, and U.S. Steel.