Strong Steel Production and Efficiency Gains
Achieved the second greatest production volume of crude steel since 2015 and reduced the cost of product sales per ton by 11% compared to 2023.
Increased Demand in Key Markets
Flat steel demand grew 9.8% in 2024, reaching the highest level since 2013, driven by the automobile, home appliances, and industrial sectors.
Environmental and Sustainability Achievements
Launched a decarbonization program aiming to reduce greenhouse gas emissions by 50% per ton of crude steel by 2030, and received an ESG rating and a silver stamp.
Financial Stability and Debt Management
Concluded the issuance of $500 million in the foreign market to extend debt duration, maintaining a net leverage of 0.58 times.
Increase in Domestic Steel Sales
Domestic market sales increased by 8%, contributing to a 31% growth in adjusted steel EBITDA.