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The company was founded in 1955 and since 1965 has been controlled by the Moreira Salles family, one of Brazil's wealthiest, former owners of the Unibanco banking conglomerate. In 2011, a Chinese group acquired a 15% stake in CBMM, and a Japanese-South Korean consortium a further 15%. [7]
Steel companies of Brazil (6 P) V. Vale S.A. (1 C, 23 P) Pages in category "Metal companies of Brazil" The following 3 pages are in this category, out of 3 total.
Smooth cast surfaces (Ra 1–2.5 micrometres or 0.04–0.10 thou rms). Thinner walls can be cast as compared to sand and permanent mould casting (approximately 0.75 mm or 0.030 in). Inserts can be cast-in (such as threaded inserts, heating elements, and high strength bearing surfaces). Reduces or eliminates secondary machining operations.
Companhia Siderúrgica Nacional was created as a state-owned company on April 9, 1941, during the "Estado Novo era", during the term of Brazilian president, Getúlio Vargas, after an agreement between the American and the Brazilian governments (see the Washington Accords) for the construction of a facility that would provide steel for the ...
The converting process occurs in a converter. Two kinds of converters are widely used: horizontal and vertical. Horizontal converters of the Peirce-Smith type (which are an improvement of the Manhès-David converter ) prevail in the metallurgy of non-ferrous metals. Such a converter is a horizontal barrel lined with refractory material inside.
The cast metal from the twin-belt continuous casting machine is synchronized with, and directly fed into, a hot rolling mill. Combining the casting and rolling operations can result in significant energy and cost savings over other casting processes which incorporate intermediate cast and reheat steps.
In August 1999, the company expanded to the U.S. with the acquisition of 75% of AmeriSteel from Kyoei Steel; production outside Brazil then accounted for 40% of the company's business. [ 4 ] In 2002, Courtice Steel and AmeriSteel were merged into Co-Steel, a publicly-traded Canadian steel manufacturer, which was then renamed AmeriSteel. [ 5 ]
Brazil is a founding member of the United Nations, the G20, BRICS, Unasul, Mercosul, Organization of American States, Organization of Ibero-American States, CPLP, and the Latin Union. Brazil is a regional power in Latin America and a middle power in international affairs, [5] with some analysts identifying it as an emerging global power. [6]