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Home > Company Index > Metals & Mining > Steel Production > Companhia Acos Especiais Itabira SA

Companhia Acos Especiais Itabira SA
 PROFILE
In South America, stainless steel is written "Companhia Acos Especiais Itabira," or Acesita, for short. The company is the region's only maker of silicon and stainless steel (268,000 and 215,000 metric tons, respectively, per year). The company also produces carbon and alloyed steel and thick bars for heavy components in trucks and tractors. Acesita has sold its interests in utility companies in order to reduce debt and to focus on its core product. The company became a leading player in Latin America steel distribution after taking control of the region's Amorim Comercial. French steelmaker Usinor owns nearly 40% of the company.

 COMPETITION
Companhia Siderúrgica Paulista (dossier)
Companhia Siderúrgica Nacional (SID)
Usinas Siderurgicas de Minas Gerais S.A. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,086.60
1-Yr. Sales Growth: 36.2%
Employees: 3,077
Revenue per employee: $353,136.17

 KEY PEOPLE
• Jean-Yves André Aimé Gilet
    CEO
• Luiz Anibal de Lima Fernandes
    CFO

 CONTACT INFO
João Pinheiro, 580
30130-180 Belo Horizonte Minas Gerais, Brazil
Phone: 55-32-35-4200
Fax: 55-32-35-4294
Online: Web Site

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