|Traded as||Euronext: APAM
|Lakshmi N. Mittal (Chairman)
Timoteo Di Maulo (Chief Executive Officer)
|Products||Stainless and speciality steel|
Aperam S.A. is a company, listed on the Amsterdam, 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.
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.
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