ArcelorMittal South Africa Ltd 2014 IR
The report outlines ArcelorMittal South Africa's operational, financial, and sustainability performance for the fiscal year 2014. A major highlight of the year was the R1.8 billion reline of the Newcastle Blast Furnace N5, which successfully modernized the furnace and increased its capacity to 1.9 million tonnes per annum. Despite challenging market conditions and a flood of cheap imports, the company increased its domestic market share in both flat and long steel products. However, financial performance was impacted by the reline, resulting in an operating loss of R301 million. On the sustainability front, the company achieved 100% ISO 14001 certification across its operations and invested R151 million in skills development.
Company: ArcelorMittal South Africa Ltd
Sector: Manufacturing
Country: South Africa
Year: 2014
Type: IR
Pages: 106
ArcelorMittal South Africa Ltd
The report outlines ArcelorMittal South Africa's operational, financial, and sustainability performance for the fiscal year 2014. A major highlight of the year was the R1.8 billion reline of the Newcastle Blast Furnace N5, which successfully modernized the furnace and increased its capacity to 1.9 million tonnes per annum. Despite challenging market conditions and a flood of cheap imports, the company increased its domestic market share in both flat and long steel products. However, financial performance was impacted by the reline, resulting in an operating loss of R301 million. On the sustainability front, the company achieved 100% ISO 14001 certification across its operations and invested R151 million in skills development.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Employees