Nemetschek, ArcelorMittal Partner to Enhance Steel Structures Solutions

8 Nov, 2007

Companies to integrate ArcelorMittal's predesign software into Nemetschek's modeling, designing, and detailing suites for structural engineering.

In a reported effort to stimulate the use of steel in the construction industry, ArcelorMittal and Nemetschek have signed an agreement through which Nemetschek will implement part of ArcelorMittal's predesign software into its program suites for modeling, designing, and detailing structures.

The companies state that they also will share technology on design, cost estimation, and Eurocodes regulations.

"Transfer of know-how promotes the best use of steel at the largest number of clients, architects, designers, and steel contractors worldwide. The international network of both companies -- ArcelorMittal and Nemetschek -- is a guarantee for reciprocal promotion and increased visibility," said Bruno Theret, head of global marketing BCS at ArcelorMittal. "This partnership will enable Nemetschek's clients to have access to ArcelorMittal solutions and niche products. It should also increase the use of steel in construction and generate added value for the whole steel branch."

According to Ernst Homolka, CFO and spokesman of the Nemetschek AG Board, "This cooperation is an example of how industry leaders can push technology innovations in a specific market such as construction. It will support the expansion of both companies into new regions and international markets."

ArcelorMittal employs 320,000 people in more than 60 countries. The company's financials for 2006 show combined revenues of $88.6 billion and a crude steel production of 118 million tons, reportedly representing approximately 10% of the world's steel output. One of the company's principal markets is the construction sector.