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 Stainless steel, also known as inox, corrosion-resistant steel (CRES), or rustless steel, is an iron-based alloy that contains chromium, making it resistant to rust and corrosion. Stainless steel's resistance to corrosion comes from its chromi ...

and speciality steel. It was spun out of

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 millio ...

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 Charcoal is a lightweight black carbon residue produced by strongly heating wood (or other animal and plant materials) in minimal oxygen to remove all water and volatile constituents. In the traditional version of this pyrolysis process, ca ...

from a series of eucalyptus forests owned and managed by the group rather than

coking coal Coke is a grey, hard, and porous coal-based fuel with a high carbon content. It is made by heating coal or petroleum in the absence of air. Coke is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves ...

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 (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 ...

in 1998. Usinor merged with Arbed 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 ArcelorM ...

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

in 2007 in the hostile takeover of

state-owned enterprise A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

Arcelor by

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 of June 2021, 40.83% of Aperam is owned by the Lakshmi Mittal family. Aperam completed the acquisition of Universal Stainless in January 2025.

References

{{Authority control Steel companies of Luxembourg Companies listed on Euronext Amsterdam Companies listed on the Luxembourg Stock Exchange Companies in the LuxX Index ArcelorMittal

Corporate history

See also

References