Aceralia
Aceralia Corporación Siderúrgica was a Spanish steel group that became part of the multinational Arcelor group in 2001 , which has since been merged into ArcelorMittal .
Aceralia is among other things the successor to the company Altos Hornos de Vizcaya (AHV; German blast furnaces of Vizcaya ) founded in 1902 in Bilbao , which was created through the merger of Altos Hornos de Bilbao , La Vizcaya and La Iberia . Another predecessor company is the Empresa Nacional Siderúrgica Sociedad Anónima ( Ensidesa , German national steelmaking company ) founded in 1950 in Asturias by the state industrialization institute INI , the prestige object and an important part of the Spanish industrial policy of the Franco regime during its autarky phase in the 1940s and 1950s and beyond was. Ensidesa and AHV were two of the three major Spanish steel companies at the time. The third, the private Uninsa , was taken over by Ensidesa in 1973 after it ran into economic difficulties. This was the first ad hoc measure taken by the Spanish state to cope with the economic crisis in the domestic iron and steel industry , which had been looming since the early 1970s and which, with the oil crisis , came about quickly and severely.
After various other endeavors in the 1970s and 1980s, in which AHV practically passed into the public sector, the Corporación Siderúrgica group of companies was established in 1994 as part of the “Plan de Competitividad Conjunto AHV - Ensidesa” (German: AHV-Ensidesa complex competitiveness plan ) Integral (CSI; Integrated Steel Company ) founded, which included the profitable parts of AHV and Ensidesa. Aceralia was founded in 1997 as the successor to the CSI. The aim of founding Aceralia was (re-) privatization.
Aceralia formed a strategic alliance with ARBED , one of the largest steel groups in the world, and took over the Aristrain Group, the market leader for steel profiles in Spain, and the Ucín Group, the largest Spanish manufacturer of corrugated iron and cast wire . Acelaria became again the largest steel producer in Spain, with an annual production of approximately 10 million tons.
In 2001, Aceralia, ARBED and Usinor merged to form Arcelor , one of the largest steel groups in the world. On February 18, 2002, the new group was listed on the stock exchange for the first time. In December 2005, the name Aceralia was given up as a brand name.
