ArcelorMittal South Africa Ltd 2021 IR
The report highlights ArcelorMittal South Africa's performance and strategic evolution during the momentous year of 2021. The company recorded its strongest financial performance since 2008, with EBITDA reaching R8 569 million and headline earnings recovering to R6 860 million. However, the year was tragically overshadowed by a poor safety performance, resulting in six work-related fatalities. Operationally, liquid steel production increased by 34% to 3.1 million tonnes, though plant reliability and logistics challenges persisted. The company also introduced its first environmental, social, and governance (ESG) report and committed to a 25% carbon reduction target by 2030.
Company: ArcelorMittal South Africa Ltd
Sector: Manufacturing
Country: South Africa
Year: 2021
Type: IR
Pages: 65
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ArcelorMittal South Africa Ltd
Integrated Report
The report highlights ArcelorMittal South Africa's performance and strategic evolution during the momentous year of 2021. The company recorded its strongest financial performance since 2008, with EBITDA reaching R8 569 million and headline earnings recovering to R6 860 million. However, the year was tragically overshadowed by a poor safety performance, resulting in six work-related fatalities. Operationally, liquid steel production increased by 34% to 3.1 million tonnes, though plant reliability and logistics challenges persisted. The company also introduced its first environmental, social, and governance (ESG) report and committed to a 25% carbon reduction target by 2030.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Net Zero Target
Employees