<PAGE>



                                                                      EXHIBIT 24


                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 7th day of March,
2002.

                                                    /s/  Ashok L. Aranha
                                               ---------------------------------
                                                    Ashok L. Aranha

<PAGE>



                                                                      EXHIBIT 24


                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 8th day of March,
2002.

                                                    /s/  Richard Leblanc
                                               ---------------------------------
                                                    Richard Leblanc


<PAGE>
                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 8th day of March,
2002.

                                                    /s/ Peter D. Southwick
                                             -----------------------------------
                                                      Peter D. Southwick


<PAGE>

                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 8th day of March,
2002.

                                                   /s/ Michael G. Rippey
                                            ------------------------------------
                                                 Michael G. Rippey



<PAGE>

                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 7th day of March,
2002.

                                               /s/ Robert B. McKersie
                                            ---------------------------------
                                                 Robert B. McKersie


<PAGE>


                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 8th day of March,
2002.

                                                /s/ Lakshmi N. Mittal
                                             ----------------------------------
                                                  Lakshmi N. Mittal


<PAGE>


                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 14th day of March,
2002.

                                              /s/ Malay Mukherjee
                                            --------------------------------
                                                 Malay Mukherjee


<PAGE>

                                ISPAT INLAND INC.

                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, as a director
and (or) officer of Ispat Inland Inc., a Delaware corporation, do hereby
nominate, constitute and appoint Marc R. Jeske, Edward C. McCarthy, or any one
or more of them, my true and lawful attorneys and agents to do any and all acts
and things and execute any and all instruments which said attorneys and agents,
or any of them, may deem necessary or advisable to enable said Ispat Inland Inc.
to comply with the Securities Exchange Act of 1934, as amended, and any
requirements of the Securities and Exchange Commission in respect thereof, in
connection with the preparation and filing of the Annual Report on Form 10-K of
said Ispat Inland Inc. for the fiscal year ended December 31, 2001, including
specifically, but without limitation thereof, full power and authority to sign
my name as a director and (or) officer of said Ispat Inland Inc. to said Annual
Report on Form 10-K and any amendment thereto, hereby ratifying and confirming
all that said attorneys and agents, or any of them, shall do or cause to be done
by virtue thereof.

         IN WITNESS WHEREOF, I have hereunto set my hand this 6th day of March,
2002.

                                               /s/ Jean-Pierre Picard
                                          ------------------------------------
                                               Jean-Pierre Picard