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Home > Company Index > Metals & Mining > Steel Production > Companhia Siderurgica Belgo-Mineira

Companhia Siderurgica Belgo-Mineira
 PROFILE
Brazil's Companhia Siderurgica Belgo-Mineira heads up a group of companies that operate in the steel and mining industries. Belgo-Mineira oversees subsidiaries that produce steel for use in fencing, pylon frames, and other products. The company's wire group makes steel cables and wire, steel wool, and steel cord for automotive tires. Its Samarco subsidiary is a world leader in the production of iron pellets. The company also owns 126,631 hectares of eucalyptus forests and engages in logging and charcoal production. To focus on its steel operations, Belgo-Mineira has sold its Samitri subsidiary, an iron ore producer. Luxembourg steel company ARBED owns about 50% of the company.

 COMPETITION
Kawasaki Steel Corporation (KSKSY)
ThyssenKrupp AG (TYEKF)
USX Corporation (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,152.20
1-Yr. Sales Growth: (10.0)%
Employees: 10,554
Revenue per employee: $109,171.88

 KEY PEOPLE
• Antonio J. Polanczyk
    CEO
• Michel Leon Mathias Victor Thoma
    CFO

 CONTACT INFO
Avenida Carandai 1115, 20 ao 26 andaras
30130-915 Belo Horizonte Minas Gerais, Brazil
Phone: 55-31-219-1245
Fax: 55-31-226-9157
Online: Web Site

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