We guide you in areas such as industry consolidation, the impact of the economic downturn, rising energy costs, digital security, performance improvement, managing people and supply chain efficiency.
The metals industry is facing pressure as the demand from Asia changes and the downturn in the economy remains ongoing. Additional challenges that face many metals CEOs include securing energy supplies, guaranteed access to competitively priced raw materials, cost reductions strategies, government regulations, climate change and the potential for supply chain disruption.
Our global metals industry practice has more than 350 metals professionals in more than 30 countries. This global network together with our network in Africa where we have worked for more than 100 years, has dedicated professionals to help you overcome the challenges currently pressuring you.
Looking ahead, we expect consolidation to continue, especially in the fragmented steel sector. Securing energy supplies, guaranteed access to competitively priced raw materials, cost reductions strategies, and the health of end-market industries will continue to remain on the agenda of CEOs. At the same time the external regulatory environment is driven by the impact of Sarbanes-Oxley, IFRS adoption and European Union Emissions Trading Scheme to name a few.
PwC provides assurance, tax and advisory services to many of the world's largest metals companies. Our strength in serving the international metals industry comes from our skills and experience, and our global and African network of fully dedicated partners and managers.