Sidenor Corporate Report 2019
75 We are committed to the economic and social development of the regions where we are present. According to the amount invoiced in 2019, 46% of Sidenor suppliers are local, from the provinces where we have our production centres, and 79% are national suppliers. In terms of numbers, 66% of Sidenor suppliers which invoiced in 2019 are local, from the provinces where we have our production centres, and 90% are national suppliers. The difference between turnover (79% in 2019, 77% in 2018) and supplier number (90% in 2019 and 2018) is mainly due to the fact that some raw materials such as ferroalloys are mined, produced and marketed in foreign countries. There is a very high economic impact on very few suppliers, which modifies the turnover percentage distribution. From a sustainability and responsibility point of view, we foster the improvement of our suppliers’ environmental, ethical and social profile. For example, Sidenor is a reference and a pioneer in the reduction and use of refractory waste by means of joint projects with suppliers. 6. Sustainability National and local suppliers (Invoiced) TOTAL 2,023 2,064 NATIONAL 79% 77% LOCAL 46% 42% National and local suppliers (Nº) TOTAL 2,023 2,064 NATIONAL 90% 90% LOCAL 66% 57% 2019 2019 2018 2018
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