Arcelor Brasil - Sustainability Report 2005 - Principles and Values

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Principles and Values

Everyone headed in the same direction

Arcelor Brasil has been created to accelerate the Arcelor Group's growth strategy in Latin America. It is one company with different specialties.

Synergy

In addition to showing consistency and financial health, Arcelor Brasil provides synergy gains. This coordinated effort will result in significant savings in the areas of finance, purchases, logistics, and sales. In 2006, the estimated gains account for R$ 350 million.

Efficiency

The relationships among the companies' professionals aim at achieving gains for Arcelor Brasil's management and businesses, as well as the efficiency in processes. These relationships are guided by the Value Charter and by Arcelor's Ethics Code.

Excellence

Arcelor Brasil's goal is to be among Latin America's greatest market value companies. It is the vehicle for regional consolidation in the steel industry and pursues excellence in the entire value chain. Additionally, it holds the highest corporate governance standards and maintains a close relationship with the communities where it is present. The company adopts the best practices regarding the environment, safety, and health, guided by the Arcelor Group's sustainability principles, which are based upon four pillars: profits, people, the planet, and partners.

Competence

Arcelor Brasil intends to continue to be a reference employer-a company that can attract and keep talent, as well as develop a strong entrepreneurial orientation. Our goal is to be one of the best companies to work for in Brazil. In such an environment where the development of personal skills is facilitated and made effective through the accomplishment of results.

Leveraging the Arcelor Group's growth strategy, Arcelor Brasil resorts to a permanent search for excellence, to the synergy among its units, to the autonomy of its decisions, and to the skills of its people in order to increase efficiency and create value for society as a whole.

Leveraging the Arcelor Group's growth strategy, Arcelor Brasil resorts to a permanent search for excellence, to the synergy among its units, to the autonomy of its decisions, and to the skills of its people in order to increase efficiency and create value for society as a whole.

Autonomy The companies that form Arcelor Brasil maintain its operations with autonomy, aimed at ensuring the continuity of a successful trajectory, which has been built in the course of decades and constitutes a fundamental element for the growth of their businesses.