GENERAL SHAREHOLDERS MEETING

Transcription

1 GENERAL SHAREHOLDERS MEETING BUSINESS YEAR 2013

2 NORTH AMERICAN FACTORY

3 SOUTH AFRICAN FACTORY

4 RAW MATERIALS DEPOT

5 STAINLESS STEEL COLD ROLLED SHEET PRICES AISI mm 3,500 Euros/Mt EUROPEAN MARKET 3,000 2,500 2,000 1,500 1, Extra de Aleación Alloy Surcharge Precio Base Base Price Source: Metal Bulletin

6 OFFICIAL NICKEL PRICE IN THE L.M.E. Average price: cash / three months (USD/Mt. Ni.) 30,000 25,000 20,000 15,000 10,

7 MELTING SHOP

8 FIRST HALF Variation Production 1,179 1,168-1% Thousand Mt. Thousand Mt. Net Sales 2,419 2,072-14% EBITDA % Net Result %

9 STAINLESS STEEL REINFORCING BARS (EN ) IN NEW JERSEY

10 SECOND HALF Variation Production 1,010 1,057 5% Thousand Mt Thousand Mt Net Sales 2,136 1,895-11% EBITDA % Net Result

11 PALM OIL TANKS MADE OF STAINLESS STEEL AISI 304L

12 APPARENT CONSUMPTION % Variation United States +4.0% Europe +1.7% Asia +8.1% South Africa -9.0%

13 BUSINESS YEARS Variation Production 2,189 2,225 2% Thousand Mt Thousand Mt Net Sales 4,555 3,966-13% EBITDA % Net Result

14 INVESTMENTS OF THE CONSOLIDATED GROUP Acerinox, S.A Acerinox Europa NAS Columbus Bahru Stainless Roldán and Inoxfil Spanish Trading Companies Overseas Trading Companies Total

15 CAMPO DE GIBRALTAR FACTORY

16 SHEARING LINE

17 MALAYSIAN FACTORY

18 HOT ROLLING COILER

19 Issue premium Dividend RETURN TO SHAREHOLDERS Euros/share * * Scrip dividend

20 EVOLUTION OF THE STOCK EXCHANGE MARKET - ACERINOX & IBEX 35 Acerinox Daily percentage data, year 2013 Ibex % +10.8% Jan Feb Mar Abr May Jun Jul Aug Sep Oct Nov Dec

21 EVOLUTION OF THE STOCK EXCHANGE MARKET - ACERINOX & IBEX 35 Acerinox Daily percentage data, year 2014 until May 31 st Ibex % +8.9% Jan Feb Mar Abr May Jun Jul Aug Sep Oct Nov Dec

22 REGASIFICATION PLANT MADE OF STAINLESS STEEL AISI 316

23 FIRST QUARTER Variation Production % Thousand Mt Thousand Mt Net Sales 1,035 1,024-1% EBITDA % Net Result %

24 FIVE KEYS TO THE FUTURE

25 FIVE KEYS TO THE FUTURE GOOD PRODUCT REDUCTION OVERCAPACITY NICKEL PIG IRON INDUSTRIALIZATION EFFICIENCY AND COMPETITIVENESS

26 STAINLESS STEEL WORLD PRODUCTION 40,000 35, million Mt 30,000 25,000 20,000 15,000 10,000 5, Annual growth rate: 6% Source: ISSF

27 Stainless steel plates Bicycle parking in stainless steel AISI 316

28 FIVE KEYS TO THE FUTURE GOOD PRODUCT REDUCTION OVERCAPACITY NÍQUEL PIG IRON INDUSTRIALIZATION EFFICIENCY AND COMPETITIVENESS

29 STAINLESS STEEL WORLD PRODUCTION 40, % 35,000 30,000 25,000 20, % 15,000 10,000 5, Europe + Africa Americas Rest of Asia China

30 Melting shop CHINESE FACTORIES

31 MAIN PRODUCERS WORLD ANNUAL GROWTH 6% 2.3 MILLION Mt/YEAR 2 INTEGRATED FACTORIES LIKE NAS

32 EUROPE CONSOLIDATION T H Y S S E N K R U P P A P E R A M O U T O K U M P U A C E R I N O X Melting shop

33 FIVE KEYS TO THE FUTURE GOOD PRODUCT REDUCTION OVERCAPACITY NICKEL PIG IRON INDUSTRIALIZATION EFFICIENCY AND COMPETITIVENESS

34 NICKEL PIG IRON Ferronickel with low nickel content Ore from Indonesia and the Philippines Indonesian ban Nickel price rise Philippine ore price rise Removes advantage Chinese producer

35 SCRAP RECYCLING

36 FIVE KEYS TO THE FUTURE GOOD PRODUCT REDUCTION OVERCAPACITY NICKEL PIG IRON INDUSTRIALIZATION EFFICIENCY AND COMPETITIVENESS

37 PRESIDENT OF THE ANDALUCÍA GOVERNMENT VISITING THE PLANT

38 ELECTRIC ARC FURNACE

39 FIVE KEYS TO THE FUTURE GOOD PRODUCT REDUCTION OVERCAPACITY NICKEL PIG IRON INDUSTRIALIZATION EFFICIENCY AND COMPETITIVENESS

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41 YEAR 2013, EXCELLENCE PLAN III chapters 95% Internal benchmarking Realistic targes (including part of Excellence I and II) Recurrent savings: 60 millon euros/year 40% 72% 67% Already reached in 2013: 68% (41 millon euros) Q1 Q2 Q3 Q4 Trimestre Quarter Acumulado Accumulated

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43 HUMAN RESOURCES Variation Acerinox, S.A % Acerinox Europa 2,334 2, % NAS 1,381 1, % Columbus 1,601 1, % Bahru Stainless % Roldan and Inoxfil % Spanish Trading Companies % Overseas Trading Companies % Total 6,983 7, %

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45 4 FACTORIES IN 4 CONTINENTS COMMERCIAL PRESENCE IN 36 COUNTRIES SALES IN OVER 80 COUNTRIES COMMERCIAL NETWORK Service centers Warehouses Offices Agents Mills

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