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Aperam

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A company that produces stainless steel
Aperam S.A.
Company typeSociété Anonyme
Traded asEuronext Amsterdam: APAM
LuxSE: APAM
BEL 20 component
CAC Mid 60 component
IndustryMetals
Founded2011 (2011)
HeadquartersLuxembourg, Luxembourg
Area servedWorldwide
Key peopleLakshmi N. Mittal (Chairman)
Timoteo Di Maulo (Chief Executive Officer)
ProductsStainless and speciality steel
Revenue5,051,000,000 United States dollar (2017) Edit this on Wikidata
Operating income447,000,000 United States dollar (2017) Edit this on Wikidata
Net income361,000,000 United States dollar (2017) Edit this on Wikidata
Total assets5,236,000,000 United States dollar (2017) Edit this on Wikidata
Number of employees9,600 (2017) Edit this on Wikidata
Websitewww.aperam.com
Aperam in Ústí nad Labem - Czech Republic

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 CO2 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 ArcelorMittal in 2007 in the hostile takeover of state-owned enterprise Arcelor by Lakshmi Mittal.

As of June 2021, 40.83% of Aperam is owned by the Lakshmi Mittal family.

See also

References

  1. "Aperam organization". Archived from the original on 2012-02-08.
  2. "ArcelorMittal's charcoal production to double".
  3. ^ "ArcelorMittal Luxembourgian company". Encyclopaedia Britannica. 25 June 2019.
  4. "APERAM S.A. (APAM)". Surperformance. MarketScreener. Retrieved 7 June 2021.
Netherlands Selected AMX companies of the Netherlands
Luxembourg LuxX Index companies of Luxembourg
Selected CAC Mid 60 companies of France (as of 5 November 2021)
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