Votorantim Siderurgia

Votorantim Siderurgia was created in 2008 as the steel platform of Votorantim Group, a Brazilian conglomerate with activities in several industrial sectors. At launch, the steel business had around 5,300 employees, operations in Brazil, Argentina, and Colombia, and installed capacity of approximately 2.45 million tonnes per year. The platform brought together established and newly acquired assets. Its oldest mill was Barra Mansa in Rio de Janeiro State, Brazil, whose industrial history extended back to 1937. Votorantim had acquired Acerías Paz del Río in Colombia and AcerBrag in Argentina in 2007. These acquisitions expanded the company's presence beyond Brazil and gave it a regional base in long-steel production. Votorantim also invested in new Brazilian capacity. A steel plant built at Resende, Rio de Janeiro State, began operating in September 2009. The facility was designed with annual capacity of approximately 1.03 million tonnes of long steel. Together with the existing plants, the project strengthened Votorantim's position in construction-related and other long-steel markets. The company's scope extended beyond steel mills. It operated or participated in iron-ore and coal mining and developed and managed forest plantations used to produce charcoal. Charcoal was used in the production of pig iron, an important intermediate raw material for steelmaking. These activities gave the business a degree of vertical integration from natural resources through primary steel production. Votorantim Siderurgia also held 13% of the voting shares of Usiminas, providing exposure to another important Brazilian steel producer. The holding complemented its directly controlled operations and reflected the group's broader participation in the country's steel industry. A major strategic change was announced in February 2017, when ArcelorMittal and Votorantim disclosed plans to combine their Brazilian long-steel operations. The planned arrangement made Votorantim Siderurgia a subsidiary of ArcelorMittal Brasil. The available source describes this transaction but does not provide enough information to determine the subsequent legal identity, brand usage, asset transfers, or whether Votorantim Siderurgia continued as a separately presented business. Its present status therefore remains unclear in this dossier.

• 2017

  Planned combination with ArcelorMittal's Brazilian long-steel operations

  [1]Votorantim Siderurgiaen.wikipedia.org

  ArcelorMittal and Votorantim announced plans to combine their long-steel operations in Brazil, with Votorantim Siderurgia becoming a subsidiary of ArcelorMittal Brasil.

• 2009

  Resende long-steel plant begins operation

  [1]Votorantim Siderurgiaen.wikipedia.org

  The new steel facility at Resende in Rio de Janeiro State entered operation in September and was designed for annual production of approximately 1.03 million tonnes of long steel.

• 2008

  Votorantim Siderurgia created

  [1]Votorantim Siderurgiaen.wikipedia.org

  Votorantim Group established Votorantim Siderurgia as its steel company, with operations in Brazil, Argentina, and Colombia.

• 2007

  Acquisition of Acerías Paz del Río and AcerBrag

  [1]Votorantim Siderurgiaen.wikipedia.org

  Votorantim acquired Acerías Paz del Río in Colombia and AcerBrag in Argentina, expanding its regional steel presence.

• 1937

  Barra Mansa steel operation established

  [1]Votorantim Siderurgiaen.wikipedia.org

  The Barra Mansa steel mill in Rio de Janeiro State, later part of Votorantim's steel platform, dates to 1937.

A vertically integrated Latin American steel producer focused on long steel and supported by mining and charcoal-oriented forestry activities.

• Steel

  Long steel

  Long steel was the company's principal steelmaking focus. The product category served construction and other industrial applications and was produced across the company's Latin American operating base, including the Resende facility in Brazil, which was designed for approximately 1.03 million tonnes of annual long-steel capacity.

• Ironmaking

  Pig iron

  Pig iron formed part of the company's upstream and primary-metals chain. Votorantim Siderurgia supported pig-iron production through iron-ore and coal activities and through forest plantations supplying charcoal used in the process.

• Mining inputs

  Iron ore and coal

  The company operated mining activities involving iron ore and coal as part of its vertically integrated steel model. These raw materials supported the production of iron and steel at its regional operations.

• 2017

  Combine Brazilian long-steel operations with ArcelorMittalM&A

  Background

  Votorantim and ArcelorMittal sought to consolidate their Brazilian long-steel activities.

  Action taken

  The companies announced a transaction under which Votorantim Siderurgia would become a subsidiary of ArcelorMittal Brasil.

  Aftermath

  The available reference does not specify the final legal completion details or the subsequent standalone status of the Votorantim Siderurgia brand.

  Source

• 2017

  ArcelorMittal and Votorantim announce combination of Brazilian long-steel operations[1]Votorantim Siderurgiaen.wikipedia.org

  M&A

  ArcelorMittal and Votorantim announced plans to combine their long-steel operations in Brazil. The transaction was intended to place Votorantim Siderurgia under ArcelorMittal Brasil.

1. 1Votorantim Siderurgiaen.wikipedia.org