|
Faced with rising
and more volatile
raw material prices
in recent years the
company has pursued
a strategy of
selectively
acquiring mining
assets that are
essential to its
manufacturing
activities and
making substantial
investments in the
development of its
captive raw material
base in order to
raise its
self-sufficiency
level. These
acquisitions and
investments have
focused mainly on
Coal – Thermal and
Coking, Chrome Ore
and Quartz, which
are important inputs
in ferro alloys and
steel-making
process. |