Aperam
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 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]
Type | Société Anonyme |
---|---|
Euronext: 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 |
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.
Corporate history
The Brazilian facilities of Aperam mostly correspond to Aperam South America (old Acesita), which was privatised by the Brazilian government in 1992, purchased by Usinor in 1998, and became a wholly owned subsidiary of ArcelorMittal in 2007.
40.83% of Aperam is owned by the Mittal family [3]
See also
References
- "Aperam organization". Archived from the original on 2012-02-08.
- "ArcelorMittal's charcoal production to double".
- "Aperam company - shareholders".