Shiny and New: The Evolution of ISG and ArcelorMittal Steel

Shiny and New: The Evolution of ISG and ArcelorMittal Steel

By
Katherine Bose, Kathryn Shaw
2008|Case No.E285

Looking at two companies, ISG and ArcelorMittal, the case examines the steel industry over several decades, but with an emphasis on the 2000-2004 timeframe, when heavy international consolidation affected dozens of mills and mini-mills. ISG’s take-over and turn-around of LTV were widely viewed as phenominal successes in large part due to an innovative combination of HR practices implemented by financiaer Wilbur L. Ross, Jr. and steel veteran Rodney Mott.

Learning Objective
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