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Acerinox

Acerinox, S.A.
Company typeSociedad Anónima
BMADACX
ISINES0132105018
IndustrySteel
Founded1970
HeadquartersMadrid, Spain
Key people
Carlos Ortega Arias-Paz (Chairman), Bernardo Velázquez (CEO)
ProductsStainless steel
RevenueIncrease €4.500 billion (2010)[1]
Decrease €232.2 million (2010)[1]
Decrease €122.7 million (2010)[1]
Total assetsIncrease €4.240 billion (end 2010)[1]
Total equityIncrease €1.924 billion (end 2010)[1]
Number of employees
Decrease 7,390 (end 2010)[1]
Websitewww.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] As for 2008, the company was the world's largest producer of stainless steel.[3]

Companies and factories

Spain

  • 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

  • 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)
  • Acerinox Turquía (Turkey)
  • Acerinox Polska sp. z o.o. (Poland)
  • VDM Metals, Werdohl, Germany (acquired in 2020)

Rest of the world

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

Accidents

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

References

  1. ^ a b c d e f "Annual Results 2010" (PDF). Acerinox. Archived from the original (PDF) on 15 September 2011. Retrieved 27 March 2011.
  2. ^ "Major Holdings". Acerinox. Archived from the original on 15 December 2009. 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. (in Spanish)
  6. ^ MR de Elvira (1998) El caro incidente de la chatarra en Cádiz El País (newspaper), Madrid, 23 September 1998. (in Spanish)
  7. ^ "Nuclear Files: Timeline of the Nuclear Age: 1998: Cs-137 meltdown in Spain". 25 May 1998. Archived from the original on 28 September 2006.
  8. ^ NFLA Radioactive scrap metal — Meltings Archived 2007-03-21 at the Wayback Machine
  9. ^ Los Verdes exige que el cesio de Mendaña sea trasladado a El Cabril, Huelva Información (newspaper), 7 February 2008. (in Spanish)
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Acerinox
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