Acerinox, S.A., headquartered in Madrid, is a manufacturer of steel and related products. In 2022, it was the 4th largest producer of stainless steel worldwide.[2] It has operations in Europe, Asia, the U.S., and South Africa. It has fifteen factories including five in its stainless steel division.[3] The company has been focused on increasing production in the U.S.[4]
History
The company was founded in 1970. It was financed in part by Nisshin Steel. In 2009, Nisshin increased its ownership in the company from 11.3% to 15.0%.[5]
In March 2020, it acquired VDM Metals for €532 million.[6]