Company type | Société Anonyme |
---|---|
Euronext Amsterdam: APAM LuxSE: APAM BEL 20 component CAC Mid 60 component | |
Industry | Metals |
Founded | 2011 |
Headquarters | , |
Area served | Worldwide |
Key people | Lakshmi N. Mittal (Chairman) Timoteo Di Maulo (Chief Executive Officer) |
Products | Stainless and speciality steel |
Revenue | 5,051,000,000 United States dollar (2017) |
447,000,000 United States dollar (2017) | |
361,000,000 United States dollar (2017) | |
Total assets | 5,236,000,000 United States dollar (2017) |
Number of employees | 9,600 (2017) |
Website | www |
Aperam S.A. is a company listed on the Amsterdam, Brussels, Paris, Madrid and Luxembourg stock exchanges and with facilities in Brazil, Belgium and France, which concentrates on the production of stainless steel and speciality steel. It was spun out of ArcelorMittal at the start of 2011; the facilities that became Aperam had about 27% by turnover of the stainless-steel market as of 2009. [1]
The Brazilian facility uses charcoal from a series of eucalyptus forests owned and managed by the group [2] rather than coking coal to reduce the material; the European facilities use electric-arc furnaces fed with scrap. The use of charcoal reduces the CO2 footprint of the facility.[ citation needed ]
The Brazilian facilities of Aperam mostly correspond to Aperam South America (old Acesita), which was privatised by the Brazilian government in 1992 and purchased by Usinor in 1998.[ citation needed ]
Usinor merged with Arbed and Aceralia to become Arcelor in 2001, [3] and Aperam became a wholly owned subsidiary of ArcelorMittal in 2007[ citation needed ] in the hostile takeover of state-owned enterprise Arcelor by Lakshmi Mittal. [3]
As of June 2021, 40.83% of Aperam is owned by the Lakshmi Mittal family. [4]
Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004. The company was created in 2002 by a merger of the former companies Aceralia (Spain), Usinor (France) and Arbed (Luxembourg). Arcelor is now part of ArcelorMittal after a takeover by Mittal Steel in 2006.
Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.
Cockerill-Sambre was a group of Belgian steel manufacturers headquartered in Seraing, on the river Meuse, and in Charleroi, on the river Sambre. The Cockerill-Sambre group was formed in 1981 by the merger of two Belgian steel groups – SA Cockerill-Ougrée based at Seraing in the province of Liège, and Hainaut-Sambre based at Charleroi in the province of Hainaut – both being the result of post-World War II consolidations of the Belgian steel industry.
Mittal Steel Company N.V. was a European company headquartered in the United Kingdom and incorporated in the Netherlands, and one of the world's largest steel producers by volume and turnover. After a merger in 2005, it is now part of ArcelorMittal.
China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned peer, Wuhan Iron and Steel Corporation in 2016. It is the world's largest steel producer.
Aperam South America, old Acesita and ArcelorMittal Timóteo, is the biggest Brazilian manufacturer of specialty steels. Headquartered in Belo Horizonte, Minas Gerais, the company is a supplier of stainless, silicon and special carbon steels. Aperam South America's steel market share in Brazil is estimated to be 90%, and it is the only stainless steel maker in Latin America. The company's main plant, at Timóteo in Minas Gerais, has an installed production capacity is 900,000 tons of steel per year. The company also mines iron ore.
Aditya Mittal is an Indian business heir and the CEO of ArcelorMittal which was founded by his father Lakshmi Mittal, who was ranked 21st in the 2012 Forbes list of billionaires.
Aceralia was a large Spanish steel producer formed in 1997 by restructuring of a group formed from earlier mergers of the steel producers ENSIDESA and Altos Hornos de Vizcaya. The company merged into Arcelor in 2001, and became part of ArcelorMittal in 2006.
Usinor was a French steel making group formed in 1948. The group was merged with Sacilor in 1986, becoming Usinor-Sacilor and was privatised in 1995, and renamed Usinor in 1997.
The Aciéries Réunies de Burbach-Eich-Dudelange, better known by its acronym ARBED, was a major Luxembourg-based steel- and iron-producing company. Created in 1911 after the merger of three steel-producing companies, ARBED had a significant role in the economy of the Grand Duchy until it merged in 2002 with two other European steel companies to create Arcelor.
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022. It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs around 154,000 people and its market capital is $20 billion. The total value of company assets is estimated to be around $94 billion.
Votorantim Siderurgia is a steel company created in 2008 by Brazilian conglomerate Votorantim Group. At the time it was created, the company had 5,300 employees and operations in Brazil, Argentina, and Colombia and installed capacity of 2.45 million tonnes per year.
John Cockerill & Cie. was a Belgian iron, steel, and manufacturing company based at Seraing in Liège Province. It was founded in 1825 by English-born industrialist John Cockerill.
Espérance-Longdoz was a coal mining and steel production company located in the Liège region of Belgium.
Creusot-Loire was a French engineering conglomerate, formed from factories in Le Creusot and Châteauneuf, Loire. The Creusot-Loire subsidiary of ArcelorMittal also includes an Innovation, Research and Development centre for the group.
In the industrial sector, the Luxembourg steel industry continues to occupy the first place in the country, even after the industrial reforms which have taken place since the 1960s.
EKO Stahl is a steelworks in Eisenhüttenstadt, Brandenburg, Germany. It was established by the East German government in the early 1950s on a greenfield site, initially producing only pig iron. The name was changed in 1961 from Eisenhuttenkombinat 'J.W. Stalin' to Eisenhüttenkombinat Ost (EKO).
Ilva S.p.A. is an Italian steel company in Taranto that for much of the 20th century was Italy's largest steel producer and one of the largest in Europe. In June 2017, Arcelor Mittal became the chief shareholder. In 2020, the company returned to commissioners' management and ownership of the Italian state. On 23 April 2021, capital was infused by the government of Mario Draghi, which took a 38% share and 50% of the voting rights.
Sollac was a French steel company formed in December 1948 as a cooperative to produce steel rolls in Lorraine from steel provided by several other companies. There were various changes of ownership during the years that followed. In 1970 the company, under pressure from the French government, began to develop a large new continuous strip mill in the south of France. The French steel industry soon went into crisis, with excess capacity and declining demands from automobile manufacturers and the construction industry. Sollac became a subsidiary of Usinor in 1987, responsible for all flat products. In 2002 Usinor became part of Arcelor, which in turn was merged into ArcelorMittal in 2006.