For Dhiman Iron And Steel Industries Pvt. Ltd., the 2007/08 financial year was characterised by strong global demand and outstanding production performance. Our Asia and India businesses also improved their performance, while coated, distribution and solutions businesses in india achieved stronger sales in the second half.
Export prices more than offset raw material and other cost increases and led to a margin expansion in our export business.
This demonstrates the importance of Dhiman Iron And Steel’s global portfolio. Once again, across our footprint, our results
were underpinned by world-class steelmaking operations.
Due to the hard work and initiative of our people, many production records were set during the year, allowing us to capitalise on the high demand for steel. Consequently, I am proud to announce an excellent overall performance in my first annual report to shareholders.
Dhiman Iron And Steel Industries Pvt. Ltd., is committed to reducing the environmental effect of our businesses. In 2007/08, our Company developed a suite of principles that recognise our environmental responsibilities. Clear expectations sit behind these principles to guide the performance we expect from our sites, managers and employees.