Sidenor 2022 Sustainability Report

34 Sustainability Report 2022 | About us of transformation costs in the manufacturing technologies implemented in our customers’ processes.  In the area of process , Sidenor is pursuing its efforts towards the strategic improvement of quality, costs, productivity and circular economy, both in the development and use of monitoring tools and development of associated control models and in the definition of new manufacturing processes adapted to our customers’ requirements. Sidenor is one of the main European special steel suppliers for the car sector, as well as major sectors such as power generation, oil&gas, heavy machinery construction and capital goods. Its subsidiary Sidenor Investigación y Desarrollo S.A., a non- profit company which has been working to foster Sidenor’s competitiveness and sustainability for over 33 years, has an excellence laboratory and is a metallurgical and technological reference both for Sidenor and its customers. Over the past year, Sidenor R&D further created innovative solutions both in the production process and in the sustainable development of new products for steel components manufactured by its strategic customers, optimizing manufacturing processes in terms of safety, quality and profitability. Sidenor considers its active presence in the “European Steel Ecosystem” as another significant line of work in the area of R&D&i, where European multi-partner projects, both within the RFCS program (Research Fund Coal and Steel) and Horizon Europe, allow us to be up to date with the most innovative emerging technologies and industrial practices. In addition, Sidenor participates in the national and European technological