1970-1979
With the support of the Japanese companies Nisshin Steel and Hisshon Iwai, a group of Spanish engineers designed an integrated stainless steel factory capable of producing ten times more material than what was consumed at that time in Spain, and with technical and productive characteristics that are significantly innovative for this era.
Acerinox was founded with a clear international calling, and this global spirit remains in the Group’s DNA today. While the factory was being designed, collectively they formed a company with an initial share capital of 300 million pesetas (EUR 1.8 million). Just five years later, the first office abroad was to open in Paris... this is how the most global stainless steel production, sales and distribution network in the world was born.