ArcelorMittal South Africa Ltd 2015 IR
The report outlines ArcelorMittal South Africa's performance and strategic initiatives during a challenging fiscal year 2015. Facing severe pressure from cheap imports and low steel prices, the company focused on stabilizing its operations, restructuring its balance sheet, and renegotiating its iron ore supply contract with Kumba to export parity pricing. Notably, the company implemented a landmark Employee Share Ownership Plan (ESOP) and advanced its B-BBEE transformation initiatives. On the environmental front, the company completed a major R428 million zero effluent discharge project at its Newcastle Works.
Company: ArcelorMittal South Africa Ltd
Sector: Manufacturing
Country: South Africa
Year: 2015
Type: IR
Pages: 108
Back to company
ArcelorMittal South Africa Ltd
Integrated Annual Report
The report outlines ArcelorMittal South Africa's performance and strategic initiatives during a challenging fiscal year 2015. Facing severe pressure from cheap imports and low steel prices, the company focused on stabilizing its operations, restructuring its balance sheet, and renegotiating its iron ore supply contract with Kumba to export parity pricing. Notably, the company implemented a landmark Employee Share Ownership Plan (ESOP) and advanced its B-BBEE transformation initiatives. On the environmental front, the company completed a major R428 million zero effluent discharge project at its Newcastle Works.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
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