Mittal Steel USA Enters Export Market

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,

[phone]

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