ArcelorMittal publishes 2017 annual review ‘Shaping the future of steel’
ArcelorMittal has published its 2017 integrated online annual review, ‘Shaping the future of steel’. The review marks the completion of the Company’s journey to fully integrated reporting, combining operational and financial performance reporting with progress made against its sustainable development (SD) framework, ArcelorMittal’s 10 SD Outcomes.
The review, which can be accessed online includes videos of several members of ArcelorMittal’s senior management team, including Chairman and CEO, Lakshmi Mittal, and President, Group CFO and ArcelorMittal Europe CEO, Aditya Mittal.
Commenting, Lakshmi Mittal, said: “Last year was a positive year for the global steel industry, and for ArcelorMittal. Global steel demand in 2017 saw the strongest growth since 2013, and with structural supply side reform, this drove higher utilisation rates and improved steel prices and spreads (...)"
"To ensure long-term sustainable success we must also continue to innovate to meet customer demands and respond to social and environmental trends. Customers are placing an increasing focus on ensuring the steel we produce helps them to meet their environmental and sustainability goals. The work our world-class research and development teams do is critical in meeting their product needs. And the leading role we are playing in the development of industry-wide supply chain assurance schemes has an important role to play in helping us develop a further competitive advantage. (...)"
“I am optimistic about the future. Global steel market conditions remain healthy and financially, ArcelorMittal has never been stronger. We have some exciting opportunities to strengthen and grow our business, and I am confident we are well positioned to build on the progress we made in 2017.”