GMK Consulting GMK Consulting Rising sustainability of iron & steel companies Rising sustainability of iron & steel companies by better knowledge, new ideas, latest trends and forecasts by better knowledge, new ideas, latest trends and forecasts

GMK Consulting

European steel market outlook

  • Monthly service
  • Fundamentals & macro analysis
  • Steel using sectors & sentiments
  • China & raw materials sectors
  • Prices forecast
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Sustainability consulting

  • Low carbon steel market, DRI/HBI
  • CBAM/ETS & carbon costs
  • Sustainability assessment
  • ESG-reporting advisory
  • Roadmaps & decarbonization strategies
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Market studies

  • Supply & demand analysis
  • Market forecasts
  • Cross-sectoral modelling
  • Identifying new markets & clients
  • Prices forecast
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Strategic advisory

  • Feasibility studies
  • Policy papers
  • M&A
  • Business valuation
  • Due diligence
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      Our team

      Stanislav Zinchenko

      Managing partner

      Stanislav has 20-year experience in consulting for manufacturing companies. He has expertise in operational management and supply chains. From 2018 provides consulting services for European and Ukrainian iron & steel companies in green steel & decarbonisation issues, supply chains, CAPEX policy, market analysis.

      Andrii Glushchenko

      Partner

      Andrii has 12- year experience in economic and financial research, including iron & steel market trends, digitalization and decarbonization of iron & steel companies. In 2016 he defended Ph.D. thesis in statistics. Author of scientific studies in the sphere of statistics and management of changes at steel companies.

      Andrii Tarasenko

      Partner

      Andrii has 20 years of experience in consulting, acting as a consultant in up to 100 projects for industrial companies. He has relevant expertise in major issues of iron & steel industry: market intelligence, price forecasting, green transition, trade restrictions.

      Main projects

      Analysis of green transition strategies of global iron & steel companies

      Research about decarbonization pathways of global steelmaking companies. Main focus was on planned decarbonization projects, explanation of their rationale and finding differences between key steelmaking regions.

      Market analysis of flat steel products in MENA, Turkiye and Southeastern Asia

      Deep study representing market balance, consumption, imports & exports, competitor analysis, plans to commission new capacities, prices. Developed model to forecast HRC prices allowed to compare price competitiveness between different countries.

      Advising investor during the private placement of greenfield steelmaking project in the EU

      Our team defined prospects of green steel market in the EU to help investment fund make decision on participation in investment round. The prepared report included estimates of demand & supply of green steel, DR-grade iron ore, scrap, forecasts of prices on “green” steel and “green” DRI/HBI.

      Analysis of CBAM impact on the European steel market

      Research explained interconnection of CBAM and EU ETS and showed consequences of increasing carbon prices for European steelmakers and importers. Based on market data we calculated CBAM impact on production costs and prices.

      Recommendations for updating ESG-reporting & activity

      Based on the study of the best practices of ESG-reports of global iron & steel companies and analysis of ESG-reports of the Client, that enabled to identify ways for improvement. The result enabled to raise effectiveness of IR and GR activities of the Client.

      Identifying new customers for iron ore in Asian region

      We found new opportunities for the Client, that looked for new region for sales of iron ore. Analysis of consumption of specific grades of iron ore per each potential customer was performed. Study of climate goals, companies expansion plans, gave us ground for prioritizing of customers and assess potential sales.

      Scrap market outlook in the EU & long-term price forecast

      The project analyzed supply and demand on the market, scrap generation by sector, scrap generation potential in the future, consumption forecasts, taking into account new projects, and price forecasts.

      Our Clients and Partners

      Our expertise was appreciated by the largest industrial companies, global consulting companies, leading business associations.

      Insights

      The real game changer

      Andrii Tarasenko

      Mar 26, 2025

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      Eurocommisson`s bearish game

      Andrii Tarasenko

      Mar 20, 2025

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      Iron ore and scrap prices in 2025: in search of parity

      Andrii Glushchenko

      Mar 10, 2025

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