May 19, 2013 3:37 PM ET

Metals and Mining

Company Overview of ArcelorMittal Annaba Spa

Company Overview

ArcelorMittal Annaba Spa manufactures various steel products. The company’s products include hot rolled and cold rolled sheets, hot dipped galvanized products, tin plates, wire rods, rebars, and seamless tubes; slabs/billets, and hot rolled coils; annealed and skin passed, hot dip galvanized, or tin coated cold rolled coils; and ingots for the manufacture of seamless tubes in the pilger mill. It serves customers in Algeria and exports to international markets, such as Maghreb countries, Europe, the Middle East, China, and South East Asia. ArcelorMittal Annaba Spa was formerly known as Mittal Steel Annaba Spa. The company was founded in 1999 and is based in Annaba, Algeria. ArcelorMittal Anna...

Detailed Description

Sidi Amar

El-Hadjar Complex

B.P.2055

Annaba,  23000

Algeria

Founded in 1999

Phone:

213 38 871 525

Fax:

213 38 876 585

www.arcelormittalna.com/Facilities/Rest+of+World/Annaba

Key Executives for ArcelorMittal Annaba Spa

Chief Executive Officer
President
Age: 62
Director of Corporate Finance & Advisory and Corporate Director
Age: 43
Chief Technology Officer and Corporate Director
Age: 62
Chief Information Officer and Corporate Director
Age: 44
Compensation as of Fiscal Year 2012.

ArcelorMittal Annaba Spa Key Developments

ArcelorMittal Denied Reports To Sell Majority Stake In Annaba Spa
Feb 12 13

ArcelorMittal is not seeking to sell stake in ArcelorMittal Annaba Spa, ArcelorMittal said in company statement received by Platts. According to local press reports in Algeria, Entreprise nationale de siderurgie is seeking to increase its stake to become a majority shareholder in Annaba. However, ArcelorMittal confirmed that it is currently in discussions with the Algerian ministry of industry to finalize investments aimed at increasing steel production at the Annaba works.

Sider Reportedly Plans To Acquire Majority Stake In ArcelorMittal Annaba
Feb 11 13

According to AFP, the Algerian government via Entreprise nationale de siderurgie (Sider) might acquire a majority stake in the Algerian subsidiary of ArcelorMittal. Sider already owns 30% in ArcelorMittal Annaba Spa. and is planning to raise its holding to 51%. The potential transaction is expected to be worth approximately $200 million. The proceeds from the deal will be used to improve ArcelorMittal Algeria's financial situation.

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Recent Private Companies Transactions

Type
Date		 Target
No transactions available in the past 12 months.
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To contact ArcelorMittal Annaba Spa, please visit www.arcelormittalna.com/Facilities/Rest+of+World/Annaba. Company data is provided by Capital IQ. Please use this form to report any data issues.

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