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 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.[2]

Aperam S.A.
Société Anonyme
Traded asEuronext: APAM
LuxSE: APAM
CAC Mid 60 Component
ISINLU0569974404 
IndustryMetals
Founded2011 (2011)
Headquarters
Luxembourg
,
Luxembourg
Area served
Worldwide
Key people
Lakshmi N. Mittal (Chairman)
Timoteo Di Maulo (Chief Executive Officer)
ProductsStainless and speciality steel
Revenue5,051,000,000 US dollar[1] (2017) 
447,000,000 US dollar[1] (2017) 
361,000,000 United States dollar[1] (2017) 
Total assets5,236,000,000 US dollar[1] (31 December 2017) 
Number of employees
9,600[1] (31 December 2017) 
Websitewww.aperam.com

The Brazilian facility uses charcoal from a series of eucalyptus forests owned and managed by the group[3] rather than coking coal to reduce the material; the European facilities use electric-arc furnaces fed with scrap. The use of charcoal reduces the CO
2 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, purchased by Usinor in 1998, and became a wholly owned subsidiary of ArcelorMittal in 2007.

40.83% of Aperam is owned by the Mittal family [4]

gollark: Environmental damage is partly a fixable technical problem and partly a social one, because people are SILLY DODECAHEDRA who will not accept the obvious solution (to some things) of nuclear power. I'm also not convinced that reverting to horrible premodern living standards would *reduce* depression.
gollark: Hmm, this is quite long.
gollark: Buy vast tracts of land in a random third world country, become anarchoprimitivism, ???, profit.
gollark: You can also, well, buy land and grow food there, if you really want. My family has a small food-growing garden in our, er, garden.
gollark: Modern society generally brings better health AND lifespan, and there's a bunch of effort being put into health and life extension research now.

See also

References
  1. http://www.aperam.com/uploads/Annual%20Report_2017/Annual%20Report%202017%20Web.pdf.
  2. "Aperam organization". Archived from the original on 2012-02-08.
  3. "ArcelorMittal's charcoal production to double".
  4. "Aperam company - shareholders".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.