Acerinox SA - Company Profile
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Acerinox SA (Acerinox) is a manufacturer of stainless steel. The company manufactures and distributes slabs, black coils, plates, hot-rolled coils, hot-rolled sheets, flat bars, hot-rolled re-bars, hot-rolled black bars, engraved sheets, cold-rolled coils, cold-rolled sheets, and circles. It also manufactures long products such as angles, bar, black bar, cold rolled reinforcement bar, colour coated wire, hexagonal wire rod, hot rolled reinforcement coil, peeled bar, reinforcement wire, wire and wire rod. The company operates stainless steel manufacturing facilities in Spain, the US, South Africa, and Malaysia. It has distribution networks in Europe, the Americas, Asia, Oceania and Africa. Acerinox is headquartered in Madrid, Spain.
Headquarters
Spain
Address
C/ Santiago De Compostela N 100, Madrid, 28035
Website
www.acerinox.com
Telephone
34 913 985100
No of Employees
8,298
Industry
Metals and Mining
Ticker Symbol & Exchange
ACX (MCE)
Revenue (2022)
$9.1B
29.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-2.8%
(2022 vs 2021)
Market Cap*
$2.6B
Net Profit Margin (2022)
XYZ
-25.0%
(2022 vs 2021)
* As of and is in US$
Acerinox SA premium industry data and analytics
Products and Services
| Products |
|---|
| Flat products: |
| Slabs |
| Billets |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, North American Stainless entered into an agreement to acquire Haynes International. |
| 2023 | Corporate Changes/Expansions | In January, North American Stainless announced US$244 million expansion to its Ghent, Kentucky facility in Carroll County. |
| 2022 | Plans/Strategy | In June, the company announced its plans to merge with Aperam. |
Competitor Comparison
| Key Parameters | Acerinox SA | ArcelorMittal SA | United States Steel Corp | Outokumpu Oyj | Aperam SA |
|---|---|---|---|---|---|
| Headquarters | Spain | Luxembourg | United States of America | Finland | Luxembourg |
| City | Madrid | Luxembourg | Pittsburgh | Helsinki | Luxembourg |
| State/Province | Madrid | - | Pennsylvania | - | - |
| No. of Employees | 8,298 | 190,000 | 22,740 | 8,512 | 10,900 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bernardo Velazquez Herreros | Director; Chief Executive Officer | Executive Board | 2010 | - |
| Miguel Ferrandis Torres | Chief Financial Officer | Senior Management | 2017 | - |
| Carlos Ortega Arias-Paz | Chairman | Non Executive Board | 2022 | - |
| George Donald Johnston | Chairman | Executive Board | 2020 | - |
| Hans Helmrich | Chief Operating Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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