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Aperam South America
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. Aperam South America, then known Acesita, was founded October 31, 1944, among the cofounders was Percival Farquhar and got into the stainless steel business in the late 1970s. It was privatised by the Brazilian government in 1992. The French steel maker Usinor, now part of ArcelorMittal, took a controlling stake in Acesita 1998. In 2007, ArcelorMittal announced the rebranding of Acesita to ArcelorMittal Inox Brasil. The company's stock is traded on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ArcelorMittal
ArcelorMittal S.A. is a Luxembourgian 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 88 million metric tonnes . It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs directly and indirectly 200,000 people and its market capital is $25 billion. The total value of company assets is estimated to be around $100 billion. Products and activities The company is involved in research and development, mining, and steel. ArcelorMittal in 2016 produced around 90 million tons of steel. As of May 2017, the company made 200 unique steel grades for automotive purposes, half of which were introduced since 2007. Among the steel varieties are Usibor 2000, which the company announced in June 2016 and released later th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Minas Gerais
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1944
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel Companies Of Brazil
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vale Do Aço
A vale is a type of valley. Vale may also refer to: Places Georgia * Vale, Georgia, a town in the Samtskhe-Javakheti region Norway * Våle, a historic municipality Portugal * Vale (Santa Maria da Feira), a former civil parish in the municipality of Santa Maria da Feira Romania * Vale, a village in Aluniş Commune, Cluj County * Vale, a village in Toplița city, Harghita County * Vale ( hu, Vále, link=no), a village in Săliște town, Sibiu County United Kingdom * Vale, Guernsey, a parish in Guernsey * Vale of Glamorgan, a county borough in South Wales, commonly referred to as "The Vale" * Vale of Leven, an area of West Dunbartonshire, Scotland, also knownas "The Vale" United States * Vale, Avery County, North Carolina * Vail, Colorado * Vale, Lincoln County, North Carolina * Vale, Oregon * Vale, South Dakota * Vale, West Virginia * Vale Summit, Maryland * Vale Township, Butte County, South Dakota * Vale Tunnel, Raytown, Missouri * Lyman Estate, known as "The Vale", Wal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 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. The Brazilian facility uses charcoal from a series of eucalyptus forests owned and managed by the group rather than coking coal to reduce the material; the European facilities use electric-arc furnaces fed with scrap. The use of charcoal reduces the 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 and purchased by Usinor in 1998. Usinor merged with Arbed and Aceralia to become Arcelor in 2001, and Aperam became a wholly owned subsidiary of Arcel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Índice Bovespa
The Bovespa Index ( pt, Índice Bovespa), best known as Ibovespa is the benchmark index of about 92 stocks traded on the B3 (Brasil Bolsa Balcão), accounting for the majority of trading and market capitalization in the Brazilian stock market. It is weighted measurement index. Overview The index is a total return index composed by a theoretical portfolio as follows: Selection criteria: Being amongst the eligible stocks that account for 85% in descending order by individual tradability ratio (IN); Traded in 95% of the trading sessions; 0.1% of the value traded on the cash equity market (round lots); and must not be a penny stock. It is weighted by free float. It is revised on a 4-month portfolio cycle in January, May, and September. On average, the components of Ibovespa represent 70% of all the stock value traded. Its index number represents the present value of a portfolio begun on 2 January 1968, with a starting value of 100 and taking into account share price increases pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bovespa
B3 S.A. - Brasil, Bolsa, Balcão (in English, ''B3 - Brazil Stock Exchange and Over-the-Counter Market''), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country. Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. On March 30, 2017, BM&FBOVESPA merged with CETIP, creating ''B3.'' The benchmark indicator of B3 is the Índice Bovespa, more commonly known as ''Ibovespa''. There were 418 companies traded at Bovespa as of March 2021. On June 7, 2021, the Ibovespa index reached its record market closing above 130,776 points. B3 also has offices in Rio de Janeiro, Shanghai, and London. History Founded on August 23, 1890 by Emilio Rangel Pestana, the "Bolsa de Valores de São Paulo" (São Paulo Stock Exchange, in English) has had a long history of services provided to the stock market and the Brazi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rebranding
Rebranding is a marketing strategy in which a new name, term, symbol, design, concept or combination thereof is created for an established brand with the intention of developing a new, differentiated identity in the minds of consumers, investors, competitors, and other stakeholders. Often, this involves radical changes to a brand's logo, name, legal names, image, marketing strategy, and advertising themes. Such changes typically aim to reposition the brand/company, occasionally to distance itself from negative connotations of the previous branding, or to move the brand upmarket; they may also communicate a new message a new board of directors wishes to communicate. Rebranding can be applied to new products, mature products, or even products still in development. The process can occur through a change in marketing strategy or in various other situations such as Chapter 11 corporate restructuring, union busting, or bankruptcy. Rebranding can also refer to a change in a company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Usinor
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. In 2001 it merged with Arbed (Luxembourg) and Aceralia (Spain) to form the European company Arcelor, which became part of ArcelorMittal in 2006. History Sacilor and predecessors In 1704 Jean Martin de Wendel bought an ironworks in Hayange, Lorraine in north-eastern France. Over the next one hundred years industrial production grew, and, in 1822 the first coke fired blast furnace in France was constructed. Further growth occurred under de Wendel family ownership in the next century; in 1850 approximately 20,000 tons of iron and cast iron each were produced, by 1869 this had increased 15 blast furnaces and a production of well over 100,000 tons of cast iron and iron each. Production included rails, bars, sheet, tin and wire. The company was split as a result of the Alsace-Lorraine region becoming part of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
