Arturo Acevedo
Argentina
Arturo Acevedo
  • President, Grupo Arcelor Mittal (Acindar) (Steel and Mining)
Born Rosario, Argentina, 1950. BSc. Mechanical Engineering, ITBA (1975); MSc., Cornell University (1976).
“It is important to clearly define social responsibility. We have always upheld a very active and responsible policy in this field. We make mistakes, and a lot of things still need improving, but corporate social responsibility is a major corporate concept.”

Summary

Arturo Acevedo relays the history of ACINDAR from its development as a national steel company under his grandfather, to its joint ventures and partnerships with Thyssen AG, Gurmendi Group, Belgo Group, and Arcelor Mittal. He comments at length on the steel shortage in Argentina after WWII, a shortcoming to which ACINDAR responded by temporarily focusing on the domestic market. Acevedo discusses the distinctive challenges of doing business in Argentina due to long-term political and economic volatility, and posits the necessity of establishing international partnerships to survive periods of national instability, including the 1998 financial crisis in Argentina.

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Arturo Acevedo relays the history of ACINDAR from its development as a national steel company under his grandfather, to its joint ventures and partnerships with Thyssen AG, Gurmendi Group, Belgo Group, and Arcelor Mittal. He comments at length on the steel shortage in Argentina after WWII, a shortcoming to which ACINDAR responded by temporarily focusing on the domestic market. Acevedo discusses the distinctive challenges of doing business in Argentina due to long-term political and economic volatility, and posits the necessity of establishing international partnerships to survive periods of national instability, including the 1998 financial crisis in Argentina.

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Additional Resources

Interview Citation Format

"Interview with Arturo Acevedo, interviewed by Andrea Lluch, Buenos Aires, Argentina, August 29, 2008, Creating Emerging Markets Project, Baker Library Historical Collections, Harvard Business School, http://www.hbs.edu/creating-emerging-markets/."