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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Stee ... [...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. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with production over 10 million in 2021. The World Steel Association compiles a list from its members every year. Note that due to mergers, year-to-year figures for some producers are not comparable. Also note that not all steel is the same; some steel is more valuable than other steel, so volume is not the same as turnover. Top producers by volume Other top steel producers by volume * Acerinox, Spain * Aisha Steel Mills, Pakistan * Aichi Steel Corporation, Japan * Allegheny Technologies, United States * Altos Hornos de México, Mexico * Angang Steel Company Limited, China * Anyang Steel, China * Aperam, Luxembourg * Arrium, Australia * BlueScope, Australia * British Steel Ltd, United Kingdom * BSRM, Bangladesh * Byelorussian Steel Works, B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 because t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aditya Mittal
Aditya Mittal (born 22 January 1976) is 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, with the merged company being n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 wen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 we ... [...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 4.4 ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ARBED Building
The ARBED building is the generally used name for the headquarters of ArcelorMittal and one of its predecessors, the ARBED steel manufacturing company, which was completed in 1922 on the Avenue de la Liberté, opposite the Rose Garden in Luxembourg City. The architect was the Frenchman René Théry, and construction was overseen by Sosthène Weis.Robert L. Philippart, "Le palais de l'ARBED" , ''Forum'' No. 304, page 21-. Retrieved 17 October 2013. Description The building stands on a plot of 59,37 acres, and contains 15,000 square-metres of usable space. When the building was opened, it also included salons, smoking rooms, conference rooms, a restaurant, a library, a ceremonial hall, a bowling lane and a gym. Its style is inspired by French châteaux of the 17t ...[...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 steel ... [...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 ... [...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 14 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
