Aperam
Type | Société Anonyme |
---|---|
Euronext: APAM LuxSE: APAM BEL 20 component CAC Mid 60 Component | |
Industry | Metals |
Founded | 2011 |
Headquarters | Luxembourg , |
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 . 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 CO
2 footprint of the facility.[citation needed]
Corporate history[]
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]
See also[]
References[]
- ^ "Aperam organization". Archived from the original on 2012-02-08.
- ^ "ArcelorMittal's charcoal production to double".
- ^ Jump up to: a b "ArcelorMittal Luxembourgian company". Encyclopaedia Britannica. 25 June 2019.
- ^ "APERAM S.A. (APAM)". Surperformance. MarketScreener. Retrieved 7 June 2021.
- CAC Mid 60
- Steel companies of Luxembourg
- Companies listed on Euronext
- Mittal family