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Vansh Khandelwal

Stealthย โ€ขย 5m

ArcelorMittal, the world's largest steel company with revenue of $70.9Bn, achieved significant growth through strategic actions. Firstly, it maintained a ๐›๐จ๐ฅ๐ ๐ฏ๐ข๐ฌ๐ข๐จ๐ง, focusing on both developed and emerging markets. Secondly, it implemented a ๐ฌ๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐š๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐ญ๐ฎ๐ซ๐ง๐š๐ซ๐จ๐ฎ๐ง๐ approach, acquiring underperforming companies and transforming them into profitable ventures. This was more cost-effective and less risky than building new facilities. Thirdly, the company ๐ซ๐ž๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ž๐ ๐ฉ๐ซ๐จ๐Ÿ๐ข๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐๐ข๐ง๐  operations, ensuring sustainable growth. Fourthly, ArcelorMittal conducted ๐ญ๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐š๐ง๐ ๐ฆ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ before making acquisitions, analyzing regulations, costs, and technological advancements. Lastly, it set ambitious goals and ๐š๐๐ก๐ž๐ซ๐ž๐ ๐ญ๐จ ๐ข๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ฌ๐ญ๐š๐ง๐๐š๐ซ๐๐ฌ, maintaining ๐ฌ๐ญ๐ซ๐จ๐ง๐  ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐š๐ง๐ ๐ฉ๐จ๐ฅ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ซ๐ž๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ๐ก๐ข๐ฉ๐ฌ

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