Organisation by core competencies
We are a leading global stainless and specialty steel producer based on our annual production capacity of 2.5 million tonnes in 2014. We are the largest stainless and specialty steel producer in South America and we are the second largest producer in Europe. We are also a leading producer of high value added specialty products, including grain oriented (“GO”) and non-grain oriented (“NGO”) electrical steels and nickel alloys. Our production capacity is concentrated in six production facilities located in Brazil, Belgium and France, and we have approximately 9,400 employees. Our distribution network is comprised of 16 Steel Service Centers (“SSCs”), 8 transformation facilities and 19 sales offices. We sell our products to customers on three continents in over 40 countries, including customers in the aerospace, automotive, catering, construction, household appliances and electrical engineering, industrial processes, medical, and oil & gas industries.
We manage our business according to three primary operating segments:
Stainless & Electrical Steel
We are one of the largest global producers of stainless steel by production capacity. We produce a wide range of stainless and electrical steels (both GO and NGO) and continuously expand our product offerings by developing new and higher grades of stainless steel and electrical steel. We have a broad portfolio of stainless and electrical steel products and we continuously expand our product offerings.
Services & Solutions
Our Services & Solutions segment which includes our tubes and precision businesses performs three core activities: (i) the management of exclusive, direct sales of stainless steel products from our production facilities, primarily those located in Europe; (ii) distribution of our and, to a much lesser extent, external suppliers’ products; and (iii) transformation services, which include the provision of value added and customized steel solutions through further processing to meet specific customer requirements.
Alloys & Specialties
We believe that our Alloys & Specialties segment is the fourth largest producer of nickel alloys in the world. We are specialized in the design, production and transformation of various nickel alloys and certain specific stainless steels. Our products take the form of bars, semis, cold-rolled strips, wire and wire rods, and plates, and are offered in a wide range of grades.