Arcelor
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. Business Once employing 310,000 employees in over 60 countries, it was a major player in all its main markets: automotive, construction, metal processing, primary transformation, household appliances, and packaging, as well as general industry. With total sales of over €40 billion, Arcelor was, by 2006, one of the world's largest steel manufacturer in terms of turnover. It produced long steel products, flat steel products and inox-steel. In January 2006 Arcelor announced the acquisition of Dofasco, Canada's largest steel producer with an annual output of 4. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lakshmi Mittal
Lakshmi Niwas Mittal (; born 15 June 1950) 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. In 2005, ''Forbes'' ranked Mittal as the third-richest person in the world, making him the first Indian citizen to be ranked in the top ten in the publication's annual list of the world's richest people. He was ranked the sixth-richest person in the world by ''Forbes'' in 2011, but dropped to 82nd place in March 2015. He is also the "57th-most powerful person" of the 72 individuals named in ''Forbes "Most Powerful People" list for 2015. His daughter Vanisha Mittal's wedding was the second-most expensive in recorded history. Mittal has been a member of the board of directors of Goldman Sachs since 2008. He sits on the World Ste ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mittal Steel
Mittal Steel Company N.V. was an Indian company and one of the world's largest steel producers by volume and turnover. After a merger in 2005, it is now part of ArcelorMittal. History Mittal Steel Company was formed as Ispat International in 1978. At the time it was part of the Indian Steel company Ispat Industries which had been founded by Lakshmi Mittal's father in 1984. It was owned by the Mittal family, but in 1995 Ispat International separated from Ispat Industires after various disagreements between Lakshmi and his father. In 1989, the company acquired Iron & Steel Company of Trinidad & Tobago. In 1992, the company acquired Sibalsa. In 1994, the company acquired Sidbec-Dosco. In 1995, the company acquired Hamburger Stahlwerke, which formed Ispat International Ltd. and Ispat Shipping, and also bought Karmet Steel of Temirtau, Kazakhstan. Between 1996 and 1997, the company acquired Irish Steel Limited, Walzdraht Hochfeld GmbH and Stahlwerk Ruhrort. In 1997, the company ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mittal Steel Company
Mittal Steel Company N.V. was an Indian company and one of the world's largest steel producers by volume and turnover. After a merger in 2005, it is now part of ArcelorMittal. History Mittal Steel Company was formed as Ispat International in 1978. At the time it was part of the Indian Steel company Ispat Industries which had been founded by Lakshmi Mittal's father in 1984. It was owned by the Mittal family, but in 1995 Ispat International separated from Ispat Industires after various disagreements between Lakshmi and his father. In 1989, the company acquired Iron & Steel Company of Trinidad & Tobago. In 1992, the company acquired Sibalsa. In 1994, the company acquired Sidbec-Dosco. In 1995, the company acquired Hamburger Stahlwerke, which formed Ispat International Ltd. and Ispat Shipping, and also bought Karmet Steel of Temirtau, Kazakhstan. Between 1996 and 1997, the company acquired Irish Steel Limited, Walzdraht Hochfeld GmbH and Stahlwerk Ruhrort. In 1997, the company we ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dofasco
ArcelorMittal Dofasco is a steel company based in Hamilton, Ontario, Canada. Dofasco is a standalone subsidiary of ArcelorMittal, the world's largest integrated steel producer. History Clifton and Frank A. Sherman founded Dominion Foundries and Steel in 1912, creating a giant that would bring prosperity and identity to the city of Hamilton, Ontario. Dofasco was incorporated as Dominion Steel Castings Company Limited in 1912, becoming Dominion Foundries and Steel Company in 1917. Sherman Mine opened in 1968 and closed in 1990. Its longtime nickname "Dofasco" was adopted as its legal name in 1980. Frank H. Sherman (Frank A.'s son) introduced to Dofasco and North America in 1954 the method of steel production known as basic oxygen steelmaking (BOS), thus rendering former processes obsolete because, with respect to them, the same quantity of steel from a BOS process is manufactured in one-twelfth the time. Basic oxygen steelmaking is superior to previous steelmaking methods beca ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Arbed
The Aciéries Réunies de Burbach-Eich-Dudelange (French; literally "United Steelworks of 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. History Origins (1882–1911) The discovery of iron ore in Luxembourg in the 1850s and the introduction of metallurgy in 1876 led to the development of an important national steel industry, especially in the south of the country, and provided Luxembourg with sustained economic growth during the second half of the 19th century. This economic growth was greatly boosted during the two decades preceding World War I when large integrated steelworks, able to convert cast iron into steel and rolled steel, were constructed. Steel production surged from 145 3 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Severstal
Severstal (russian: Северсталь, , Northern Steel) is a Russian company mainly operating in the steel and mining industry, headquartered in Cherepovets. Severstal is listed on the Moscow Exchange and LSE and is the largest steel company in Russia. The company is majority-owned and controlled by billionaire Alexey Mordashov. Severstal owns major industrial facilities in Russia, Ukraine, Kazakhstan, France, and Italy, as well as in several African countries. The company also has mining assets, thus securing its supply of raw materials. Severstal also owns Severstal Cherepovets, a professional ice hockey club which plays in the Kontinental Hockey League and Severstal Air Company, an airline operating mainly from Vnukovo International Airport and Cherepovets Airport. Severstal has been ranked as among the 16th best of 92 oil, gas, and mining companies on indigenous rights and resource extraction in the Arctic. It's ranked 37 among the largest steel makers. In 2021, Sev ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Aceralia
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. History ENSIDESA In 1950 the state owned company ''Empresa Nacional Siderúrgica Sociedad Anónima'' (ENSIDESA) was formed to increase Spain's steel production, part of the industrialisation and modernisation of Spain that led to the Spanish economic miracle of the 1960s. In 1973 the state owned company was forced to take over the Asturian steel company UNISA, which had invested heavily in a fully integrated steel works and did not have the capital to fund it. In 1991 the state owned company ENSIDESA was merged with ''Altos Hornos de Vizcaya'' to form the ''Corporacion de la Siderurgia Integral'' from which the ''Corporación Siderúrgica Integral'' (CSI) was formed in 1994 from the more profitable parts (as part of a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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]   |
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Economic Nationalism
Economic nationalism, also called economic patriotism and economic populism, is an ideology that favors state interventionism over other market mechanisms, with policies such as domestic control of the economy, labor, and capital formation, including if this requires the imposition of tariffs and other restrictions on the movement of labor, goods and capital. The core belief of economic nationalism is that the economy should serve nationalist goals. Economic nationalists oppose globalization or at least question the benefits of unrestricted free trade. They favor protectionism and advocate for self-sufficiency. To economic nationalists, markets are to be subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains ( ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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ThyssenKrupp
ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company claims to be one of the world's largest steel producers, and it was ranked tenth-largest worldwide by revenue in 2015."The world's largest steel companies in 2015, based on revenue" ''Statista'' It is divided into 670 subsidiaries worldwide. The largest shareholders are Alfried Krupp von Bohlen und Halbach Fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Guillermo Ulacia
Guillermo Ulacia Arnaiz serves as Vice President of Aceralia Corporation Siderurgica SA. Biography Arnaiz served as the chief executive officer of Gamesa Corporación Tecnológica from December 1, 2005. He has previously served as Vice Chairman of General Motors Corp, Spanish unit; he also served as Executive Chairman since July 2006 until October 2009. Arnaiz worked for 10 years as a Director of flat steel products at Arcelor before becoming Vice President. Arnaiz serves as Co-Chairman of the Aceralia Management Committee, member of the General Management of the Arbed Group The Aciéries Réunies de Burbach-Eich-Dudelange (French; literally "United Steelworks of 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 .... References {{DEFAULTSORT:Ulacia, Guillermo 21st-century Spanish businesspeople Living people 1954 births People from Barakaldo Businesspeople f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |