ArcelorMittal Inox Brasil Company Description
ArcelorMittal Inox Brasil is South America's only maker of silicon and stainless steel. Formerly called Acesita, it also produces carbon and alloyed steel, thick bars for heavy components in trucks and tractors, and stainless steel tubes. ArcelorMittal Inox Brasil maintains a number of service centers and businesses that produce charcoal and finished stainless steel goods. The company became a leading player in Latin America steel distribution market after taking control of the region's Amorim Comercial. It is a publicly traded subsidiary of the world's #1 steel maker, ArcelorMittal, which changed the company's name in 2007; the next year it launched an offer to buy up Inox's publicly traded shares.
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The Company Description provides a historical perspective of ArcelorMittal Inox Brasil's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of ArcelorMittal Inox Brasil's evolution in the marketplace.
