ArcelorMittal South Africa Ltd 2019 IR
The report outlines ArcelorMittal South Africa's performance and strategic progress during the 2019 fiscal year. Facing severe economic headwinds, declining domestic steel consumption, and rising raw material costs, the company made the difficult decision to wind down operations at Saldanha Works. Despite these challenges, the company achieved its best-ever safety performance, recording a record low lost time injury frequency rate of 0.44. Additionally, the Business Transformation Programme delivered significant progress, securing verified cost savings of USD 24 per tonne. The company also maintained its commitment to environmental responsibility, increasing capital expenditure on environmental controls by 74% to R151 million.
Company: ArcelorMittal South Africa Ltd
Sector: Manufacturing
Country: South Africa
Year: 2019
Type: IR
Pages: 78
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ArcelorMittal South Africa Ltd
Integrated Report
The report outlines ArcelorMittal South Africa's performance and strategic progress during the 2019 fiscal year. Facing severe economic headwinds, declining domestic steel consumption, and rising raw material costs, the company made the difficult decision to wind down operations at Saldanha Works. Despite these challenges, the company achieved its best-ever safety performance, recording a record low lost time injury frequency rate of 0.44. Additionally, the Business Transformation Programme delivered significant progress, securing verified cost savings of USD 24 per tonne. The company also maintained its commitment to environmental responsibility, increasing capital expenditure on environmental controls by 74% to R151 million.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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