MCI's steel industry consultants are able to assist firms (or groups of companies) with corporate restructuring. This is an activity that we have undertaken for many firms seeking to attain viability. This is also an exercise that we have undertaken for many different governments wishing to get their steel sectors into better shape.
The diagnosis typically requires market, technical and financial assessments by a team of expert consultants, working intensively for some weeks. More often than not, business turnaround has investment, divestment and /or associated organisational implications (relating to re-definition of the core business; to manning levels; to measurement, control and reward systems; and more) if near-term viability is to be achieved. Work on action plans; on definition of milestones; and on task responsibility etc is invariably involved.
Business restructuring of this form is often a necessary step for companies that are in administration and / or for metal sector firms wishing to embark on the path to privatisation [or beyond].
Please call us for a preliminary no-obligation discussion about how we might be able to assist you. We will be pleased to describe some recent turnaround projects that our teams have been involved in.
Interested in steel company history? See our history section which describes the history of the world's top 30 steelmakers.