Sidenor 2020 Corporate Report

32 Corporate Report 2020 | What we do From scrap to steel: a sustainable activity Our production process is based on scrap recycling. Each year, we turn over 900,000 tonnes of scrap into steel products of the highest quality. This responsible model is in line with our commitment to circular economy, environment and society; it starts with scrap purchase and continues at Basauri steelworks, where the raw material is processed. Furthermore, we have two collection sites located in Azuqueca de Henares (Guadalajara) and Sagunto (Valencia). We also have the resources that are necessary to develop the supply value chain and ensure the quality of the material used. In this sense, we foster long-term relationships with our scrap suppliers so as to make sure that the raw material provided meets adequate standards. We see all our suppliers as strategic allies, as they are directly linked to the quality of our products and services, as well as to safety in work areas and sustainability in the production chain. For this reason, their practices must be responsible, in line with Sidenor’s policies. To ensure that this condition is met, we have monitoring mechanisms in place and conducted regular visits in order to check the state of their installations, their quality and the stocks available.