Iron & Steel

Challenges

Changing market conditions, overcapacity in steelmaking, an uncertain global economy, and shareholder demands are driving iron and steel producers to achieve more with the assets they have now.

Capital investment dollars are increasingly limited, making it more important than ever to select the best projects, mitigate their risks, and execute them on time, on schedule.

Environmental requirements are becoming more stringent in all areas of the world, demanding advanced control technology for greenfield plants and retrofits. Steelmakers everywhere are looking beyond local guidelines and regulations, aiming higher to achieve best-in-class environmental performance on a global scale.

Operational performance grows in importance as the global economy ramps up. Successful steelmakers are set on greater production, driving down operating costs and producing the highest-quality steels. Securing a reliable supply of low-cost, high-quality raw materials and energy is an ongoing challenge. The best and strongest will need to address it with perseverance and innovation if their businesses are to survive and succeed.