Aperam S.A.

Company type	Société Anonyme
Traded as	Euronext Amsterdam: APAM LuxSE: APAM BEL 20 component CAC Mid 60 component
Industry	Metals
Founded	2011 (2011)
Headquarters	Luxembourg , Luxembourg
Area served	Worldwide
Key people	Lakshmi N. Mittal (Chairman) Timoteo Di Maulo (Chief Executive Officer)
Products	Stainless and speciality steel
Revenue	5,051,000,000 United States dollar (2017)
Operating income	447,000,000 United States dollar (2017)
Net income	361,000,000 United States dollar (2017)
Total assets	5,236,000,000 United States dollar (2017)
Number of employees	9,600 (2017)
Website	www.aperam.com

Aperam S.A. is a Belgian-French company,^[1] 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 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]

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 CO₂ footprint of the facility.^{[citation needed]}

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 in 1998.^{[citation needed]}

Usinor merged with Arbed and Aceralia to become Arcelor in 2001,^[4] and Aperam became a wholly owned subsidiary of ArcelorMittal in 2007^{[citation needed]} in the hostile takeover of state-owned enterprise Arcelor by Lakshmi Mittal.^[4]

As of June 2021, 40.83% of Aperam is owned by the Lakshmi Mittal family.^[5]