Steel

Steel is the world's third largest commodity market with a dollar value in excess of $700 billion. Around the globe, steel mills are producing 3 million tons of steel daily – a booming industry by any standard. The primary engine driving the industry has been the fast growing economy of emerging markets, in particular China's demand for steel increasing of 25 percent per year from 2001 to 2007.

The steel industry is expected to grow 3 to 4 percent annually and achieve a global production of 1.55 billion to 1.7 billion tons in 2015.

The boom phase has offered the steel industry a unique opportunity to restructure and strengthen itself for a new era of prosperous growth and development.

The development of the global steel industry over the next decade will have a major impact on companies not only in the steel-producing industry but also in the steel-consuming segments – including construction, automotive, oil and gas and mechanical engineering – as well as national and regional economies.

Ergonos has many years experience partnering with clients active in the steel industry. During this time we have offered the expertise of our freelance engineers, technicians, site managers and project coordinators for short to medium term projects through our Contract Management service.

Our HR services have given clients in this cyclical sector increased flexibility in the deployment of their human resources, access to the best skills available in international markets and relief from administrative strains. This ultimately creates added value in the form of more efficient management of international human resources.