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
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 la ...
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
Metallurgical coal or coking coal is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. The demand for metallurgical coal is highly coupled ...
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
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. Ap ...
(old Acesita), which was privatised by the Brazilian government in 1992 and purchased by
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 for ...
in 1998.
Usinor merged with
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 me ...
and
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 Arcelo ...
to become
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 ...
in 2001,
and Aperam became a wholly owned subsidiary of
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 la ...
in 2007 in the hostile takeover of
state-owned enterprise Arcelor by
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 manufacture ...
.
[
As of June 2021, 40.83% of Aperam is owned by the Lakshmi Mittal family.]
See also
* List of steel producers
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with product ...
References
{{Authority control
Steel companies of Luxembourg
Companies listed on Euronext Amsterdam
Mittal family