Acerinox SA

Overview

Acerinox SA (Acerinox) is a stainless steel manufacturing company. The company, through its subsidiaries, manufactures and distributes slabs, billets, 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. The company operates six stainless steel manufacturing facilities, which include three in Spain, and one each in the US, South Africa, and Malaysia. The company has a sales presence in over 81 countries across the world with a network of 25 warehouses, 18 service centers, and 35 sales offices or representative offices. The company is headquartered in Madrid, Spain.
Key Stats
Address
C/ Santiago de Compostela n 100, MADRID, Madrid
Headquarters

Spain

Contact

34 913 985100

Website
www.acerinox.es
No of Employees

8,302

Industry

Metals and Mining

Ticker Symbol & Exchange​

ACX [MCE]

Revenue (2020)

$5,322 m

-0% (2020 vs 2019)
Net Income (2020)

$56 m

184% (2020 vs 2019)
Net Profit Margin

1 %

184% (2020 vs 2019)
Market Cap *

$3,647 m

EPS *

$0.2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Acerinox SAArcelorMittal SAUnited States Steel CorpOutokumpu Oyj
Key Information
Headquarters Spain Luxembourg United States of America Finland
Headquarter City MADRID LUXEMBOURG PITTSBURGH HELSINKI
Headquarter State/Province Madrid - Pennsylvania -
No. of Employees 8,302 168,000 23,350 9,521
Entity Type Public Public Public Public

Products & Services

Acerinox is a stainless steel manufacturer. Key products offered by the company include:

Products
  • Flat products:
  • Slabs
  • Billets
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Rafael Miranda Robredo Chairman Non Executive Board 2014 - Mr. Rafael Miranda Robredo has been the Chairman of the company since 2014. He previously served as the Chief Executive...
Bernardo Velazquez Herreros Chief Executive Officer; Director Executive Board 2010 - Mr. Bernardo Velazquez Herreros has been appointed as the Chief Executive Officer (CEO) of the company in 2010. Prior this,...
Miguel Ferrandis Torres Chief Financial Officer Senior Management - - Mr. Miguel Ferrandis Torres has been appointed as the Financial director of the company in 2017. Prior this, he served...
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History

Year Event Description
2020 Acquisitions/Mergers/Takeovers In March, the company formalized the acquisition of VDM Metals from Lindsay Goldberg Vogel and…
2017 Others In December, the European Investment Bank (EIB) granted EUR70 million loan to the company for…
2017 Plans/Strategy In December, the company plans to invest EUR8 million in its plants in Spain and…
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Locations


ACERINOX CHILE

Address

Manzana 11, sitio 1 y 2 Zona Franca de Iquique, Iquique
Chile

Telephone

56 57 427678

ACERINOX (INDIA) PRIVATE LIMITED

Address

501, Anand House, 13th Road, Off Linking Road, Khar (West), Mumbai
India

Telephone

91 222 6421428

ACERINOX MALASIA SDN. BHD

Address

PTD 175189, Batu 11 1/2, Jalan Johor Bahru, Kota Tinggi, Ulu Tiram
Malaysia

Telephone

60 6 2265405

ACERINOX PACIFIC LTD.

Address

Suit 1102, 11th Floor, Chinachem Century Tower, 175-180 Gloucester Road, Wanchai
Hong Kong

Telephone

852 2 8023666

ACERINOX BENELUX, S.A. /NV

Address

Avenue Tervueren, 100, Brussels
Belgium

Telephone

32 2 7432200

Acerinox Europa S.A.U.

Address

Apartado 83, Palmones-Los Barrios 11370, Cadiz
Spain

Telephone

34 956 62 93 00

ACERINOX SCHWEIZ, S.A.

Address

Weihermattstrasse Nº 2, Mellingen
Switzerland

Telephone

41 56 4818242

North American Stainless Inc.

Address

6870 Highway 42 East, Ghent
United States of America

Telephone

1 502 3476000

Website

www.northamericanstainless.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
17 Jun 2021 Acerinox Raises USD263.6 Million in Equity Financing Equity Offering Acerinox SA
07 Nov 2019 Acerinox to Acquire 100% Stake in VDM Metals from Lindsay Goldberg Vogel and Falcon Metals Acquisition Acerinox SA VDM Metals GmbH
13 Dec 2006 Grupo Ferrovial acquires 5% stake in Acerinox Acquisition Ferrovial SA Acerinox SA