Sustainability consulting
GMK Consulting generates knowledge and experience that enables steel business to benefit from the challenges of green transition. We help companies to start their sustainability activities and reporting as well as to adapt established processes. We help to build sustainability strategies on cross-industry and global view. The focus on the needs of customers of sustainability activities and reporting helps to maximize the effect from ESG-activities.
Analysis of commodities for green transition
CBAM & ETS impact
Sustainability assessment
Guide to start sustainability activities
Benchmark analysis
Sustainability strategy advising
Sustainable supply chains system development
Long-term targets system development
Stakeholder engagement system
Non-financial reports advising
Request sample report
Our Clients and Partners
Our expertise was appreciated by the largest industrial companies, global consulting companies, leading business associations.
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.
Other services
European steel market outlook
- Fundamentals & macro analysis
- Steel using sectors & sentiments
- China & raw materials sectors
- Market sentiments
- Inventories level assessment
Market studies
- Supply & demand analysis
- Consumption forecasts
- Cross-sectoral modelling
- Identifying new markets & clients
- Costs modelling
Strategic advisory
- Feasibility studies
- M&A
- Policy papers
- Analysis of regulatory documents
- Business valuation