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ArcelorMittal
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation, headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu, and had an annual crude steel production of 58 million metric tonnes in 2024. The company has steel-making operations in 15 countries, including 37 integrated and mini-mill steel-making facilities. In 2024, the company's production was 38% in the Americas, 53% in Europe and 9% in other countries, such as South Africa and Ukraine. The company is vertically-integrated and produces 58% of its iron ore needs, 90% of its coke needs, and 54% of its scrap and direct reduced iron needs. The company is ranked 190th on the Fortune Global 500. The company is 39.88% owned by Lakshmi Mittal and his family and the remainder of the company is publicly traded. The Company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, Ukraine, South Africa and, via its joint venture in In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essar Steel
Essar Steel was a common name of the steel manufacturing companies of the Essar Group of Companies. Its main subsidiary was Essar Steel India Limited, a fully integrated flat carbon steel manufacturer based in Mumbai, which owned and operated a integrated steel plant in Hazira, Surat district of Gujarat state. In addition, it had also a beneficiation plant at Bailadilla, Chhattisgarh, and pellet plants at Visakhapatnam, Andhra Pradesh, and Paradeep, Odisha. There was an integrated steel plant underconstruction in Paradeep. After insolvency, Essar Steel India Limited was acquired by ArcelorMittal Nippon Steel India Limited. History History of the company reach back to 1 June 1976 when specialised marine construction company Essar Construction Limited was incorporated as a part of Essar Group. Essar Steel was a division of Essar Construction, responsible for manufacturing of hot briquetted sponge iron. On 19 August 1987, the company changed its name to Essar Gujarat Limited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aditya Mittal
Aditya Mittal (born 22 January 1976) is an Indian business heir and the CEO of ArcelorMittal which was founded by his father Lakshmi Mittal, who was ranked 21st in the 2012 Forbes list of billionaires. Education and career Born in India and raised in Indonesia, Mittal attended high school at Jakarta International School. He has a bachelor's degree in economics from the Wharton School of the University of Pennsylvania in the US, from which he graduated in 1996. He worked for a short time in the mergers and acquisitions department at investment bank Credit Suisse First Boston. He joined the family business in 1997 and was appointed Head of Mergers and Acquisitions in 1999, and has been involved in several purchases since then as Mittal Steel has played a major role in the consolidation of the global steel industry. He lives in London. He led Mittal Steel's offer for Arcelor that led to its acquisition and merger with Mittal Steel in 2006. The two companies were merged in 2006, wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lakshmi Mittal
Lakshmi Niwas Mittal (; born 15 June 1950 in Sadulpur, Rajasthan, Sadulpur, Rajasthan, India) 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 F.C., 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 The World's Billionaires 2011, sixth-richest person in the world by ''Forbes'' in 2011, but dropped to The World's Billionaires 2015, 82nd place in March 2015, and only to 130th by October 2024. He is also the "57th-most powerful person" of the 72 individuals named in ''Forbes "Most Powerful People" list for 2015. His daughter Vanisha Mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021. The World Steel Association features a list from its members every year. Due to mergers, year-to-year figures for some producers are not comparable. Not all steel is the same. Some steel is more valuable than other steel, so the volume is not the same as turnover. Some of the world's leading steel producers include China Baowu Group and ArcelorMittal. Notable players from China are HBIS Group, Ansteel Group, and Shagang Group.In India, Tata Steel, JSW Steel, SAIL and Jindal Steel and Power are key players in the steel industry. Japan's Nippon Steel Corporation is renowned for quality. POSCO Holdings from South Korea is also a significant contributor. Steelmakers from multiple different countri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dofasco
ArcelorMittal Dofasco, a subsidiary of ArcelorMittal, 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 prev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Creusot-Loire
Creusot-Loire was a French engineering conglomerate, formed from factories in Le Creusot and Châteauneuf, Loire. The Creusot-Loire subsidiary of ArcelorMittal also includes an Innovation, Research and Development centre for the group. History The group was formed in 1970 as a result of Compagnie des ateliers et forges de la Loire (owned by Marine-Firminy) and (owned by Schneider) merger. The Société des Forges et Ateliers du Creusot had absorbed the Société métallurgique d'Imphy in 1968. The enterprise developed what has become known as the Creusot-Loire Uddeholm (CLU) converter process, which was developed to minimize the need of argon, and which was first erected on an industrial scale in the 1970s at Degerfors. The group was affected by the 1970s steel crisis, and was not able to pay a dividend after 1977. In 1984 the organisation became bankrupt with debts of $633 million; the company's owner Empain-Schneider rejected state aid as the conditions included giving aw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mittal Steel Company
Mittal Steel Company N.V., incorporated in the Netherlands and headquartered in the United Kingdom, was a steel producer. In 2006, it produced 110.5 million tonnes of steel and had annual production capacity of 138 million tons of steel. In August 2006, it acquired Arcelor to form ArcelorMittal. The company was named Ispat International N.V. until a merger with LNM Holdings N.V. in 2004. As of 2006, the company was 44.79% owned by Lakshmi Mittal and his family and 54.74% of the company was publicly traded. History upright=1.5, lang=en, Growth of Mittal Steel's steel production, based on its acquisitions., alt=Mittal Steel Growth chart with acquired companies Mittal Steel Company is a successor to a business founded in 1989 by Lakshmi Mittal. In 1989, the company leased Iron & Steel Company of Trinidad & Tobago from its government. In 1992, the company acquired Sibalsa from the government of Mexico. In 1994, the company acquired Sidbec-Dosco. In 1995, the company acquire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
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 B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ALZ (steelworks)
ALZ (''Allegheny-Longdoz'') is a stainless steel producer based in Genk in Limburg province, Flanders, Belgium. In 2001 the company was merged with French stainless steel producer ''Ugine'' and in 2006 became part of the ArcelorMittal group as part of the stainless steel division. History ALZ was founded as a vertically integrated stainless steel producer in 1960 as an equal holding between Espérance-Longdoz (Belgium) (controlled by ''Evence Coppée'') and Allegheny Ludlum (USA).The Belgian economy in the twentieth century, p.171 In 1970 Espérance-Longdoz (''Société Métallurgique d'Espérance Longdoz'') became part of Cockerill-Ougrée-Providence, and ALZ became a Cockerill subsidiary; Allegheny Ludlum disposed of its shares, and in 1971 Cockerill had a 90% stake of the shares. In 1979/80 the Cockerill group was restructure due to financial problems, and also disposed of its shares; German steel company Klöckner became a shareholder, in 1981 the other Flanders-based ste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Etienne Schneider
Etienne Schneider (; born 29 January 1971) is a Luxembourgish politician and economist who served as First Deputy Prime Minister of Luxembourg from 2013 to 2020. He is a member of the Luxembourg Socialist Workers' Party (LSAP). Schneider was a municipal councillor in Kayl from 1995 to 2005, and from 1997 to 2004, he was secretary general of the parliamentary group of the LSAP in Parliament. He was elected first alderman of the municipality of Kayl in 2005, a mandate he held until May 2010. Schneider was appointed Minister for the Economy and Foreign Trade on 1 February 2012. In the government formed following the 2013 general election, he was Deputy Prime Minister and Minister for the Economy. He continued to hold these offices following the 2018 general election, where he became the health minister as well. From 2013 to 2018, Schneider served as Minister for Defence. Following the 2018 general election, he became the first openly gay politician to be reelected for the office ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
