ArcelorMittal South Africa Ltd 2018 IR
The report highlights ArcelorMittal South Africa's financial and operational turnaround in 2018, returning to profitability with an EBITDA of R3 608 million. The company launched its Transformation for Sustainability and Growth strategy to improve cost competitiveness and de-risk operations, notably at the Newcastle and Vanderbijlpark plants. Safety performance improved significantly, recording the lowest lost time injury frequency rate in years at 0.53, with work-related fatalities reducing to one. Environmental capital expenditure more than doubled to R105 million, focusing on emissions reduction and water management, achieving a freshwater intake of 2.90 kilolitres per tonne of liquid steel.
Company: ArcelorMittal South Africa Ltd
Sector: Manufacturing
Country: South Africa
Year: 2018
Type: IR
Pages: 70
ArcelorMittal South Africa Ltd
The report highlights ArcelorMittal South Africa's financial and operational turnaround in 2018, returning to profitability with an EBITDA of R3 608 million. The company launched its Transformation for Sustainability and Growth strategy to improve cost competitiveness and de-risk operations, notably at the Newcastle and Vanderbijlpark plants. Safety performance improved significantly, recording the lowest lost time injury frequency rate in years at 0.53, with work-related fatalities reducing to one. Environmental capital expenditure more than doubled to R105 million, focusing on emissions reduction and water management, achieving a freshwater intake of 2.90 kilolitres per tonne of liquid steel.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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