Acerinox

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Acerinox, S.A.
Type Sociedad Anónima (BMADACX)
Industry Steel
Founded 1970
Headquarters Madrid, Spain
Key people Rafael Naranjo (Chairman), Bernardo Velázquez (CEO)
Products Stainless steel
Revenue €4.500 billion (2010)[1]
Operating income €232.2 million (2010)[1]
Profit €122.7 million (2010)[1]
Total assets €4.240 billion (end 2010)[1]
Total equity €1.924 billion (end 2010)[1]
Employees 7,390 (end 2010)[1]
Website www.acerinox.es

Acerinox, S.A. (Spanish pronunciation: [aθeɾiˈnoks]) is a stainless steel manufacturing conglomerate group based in Spain. The company was founded in 1970, and initially received technical support from the Japanese firm Nisshin Steel. Nisshin continues to hold approximately 15% of Acerinox as of April 2010.[2] The headquarters are in Madrid. The chairman is Rafael Naranjo. The company is the world's largest producer of stainless steel.[3]

Companies and factories[edit]

Spain[edit]

  • Fábrica del Campo de Gibraltar (Los Barrios)
  • Roldán SA
  • Inoxfil SA
  • Inoxcenter SA
  • Inoxidables de Galicia SAU
  • Metalinox Bilbao SA
  • Inoxmetal SA
  • Acimetal
  • Alamak Espana Trade SL
  • Inoxcenter Canarias SA

Europe[edit]

Acerinox's headquarters in Madrid
  • Acerol – Comércio e Indústria de Aços Inoxidáveis (Portugal)
  • Acerinox France
  • Acerinox UK Ltd (United Kingdom)
  • Acerinox Scandinavia AB (Sweden)
  • Acerinox Schweiz SA (Switzerland)
  • Acerinox Italia SRL (Italy)
  • Betinoks Turquía (Turkey)
  • Acerinox Polska sp. z o.o. (Poland)

Rest of the world[edit]

  • Columbus Stainless (South Africa)
  • Bahru Stainless (Malaysia)
  • North American Stainless (USA)
  • Acerinox Argentina
  • Acerinox Chile

Accidents[edit]

In 1998, the Acerinox factory in Los Barrios, Cadiz melted a capsule of cesium 137 that was in a consignment of scrap metal.[4][5] The radioactive substance was released into the atmosphere and spread over Europe — nuclear authorities in France, Germany, Italy, and Switzerland detected up to 2,400 microbecquerels of ionising radiation in the air, 1,000 times higher than the norm.[6][7][8] Two other factories in Huelva and Badajoz also became contaminated by waste transported to them from Acerinox.[5] During the clean-up, 7,000 metric tons of radioactive waste were dumped in Mendaña marshes, Huelva.[9] The estimated costs of the accident were 20 million US dollars for lost production in the factory, $3 million for clean-up, and $3 million for waste storage.[4]

See also[edit]

References[edit]

  1. ^ a b c d e f "Annual Results 2010". Acerinox. Retrieved 27 March 2011. 
  2. ^ "Major Holdings". Acerinox. Retrieved 7 April 2010. 
  3. ^ Barriviera, Guadalupe; Tobin, Paul (23 July 2008). "Acerinox Says Spain Property Slump Erodes Steel Orders, Prices". Bloomberg. Retrieved 2009-04-28. 
  4. ^ a b JA Azuara (1999). "Main Issues in the Acerinox Event". "Procs. Conf. Safety of Radiation Sources and Security of Radioactive Materials, Dijon". IAEA. 
  5. ^ a b El CSN detectó la fuga antes del 9 de junio, pero no informó por considerarla menor La Vanguardia (newspaper), 17 June 1998, p.32. (Spanish)
  6. ^ MR de Elvira (1998) El caro incidente de la chatarra en Cádiz El País (newspaper), Madrid, 23 September 1998. (Spanish)
  7. ^ "Nuclear Files: Timeline of the Nuclear Age: 1998: Cs-137 meltdown in Spain". 25 May 1998. 
  8. ^ NFLA Radioactive scrap metal — Meltings
  9. ^ Los Verdes exige que el cesio de Mendaña sea trasladado a El Cabril, Huelva Información (newspaper), 7 February 2008. (Spanish)

External links[edit]