Aperam
From Wikipedia the free encyclopedia
 | |
| 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]
Corporate history
[edit]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
[edit]References
[edit]- ^ "Aperam organization". Archived from the original on 2012-02-08.
- ^ "ArcelorMittal's charcoal production to double".
- ^ a b "ArcelorMittal Luxembourgian company". Encyclopaedia Britannica. 25 June 2019.
- ^ "APERAM S.A. (APAM)". Surperformance. MarketScreener. Retrieved 7 June 2021.
