SteelLens
Optimizing steel-making productivity
How we help clients
Steel benchmarking database
Our technical benchmarking database contains more than 300 steel production and processing operations across all major steel-producing geographies. It allows steel-making companies to compare their operating, labor, and cost performance with global peers.
Operational data analytics
We developed and leverage an extensive library of use cases that help steel producers to pinpoint operational improvement levers, identify specific actions to close performance gaps, and understand how analytics and digitization can sustainably improve operational profitability.
Expert site evaluation
Beyond proprietary tools, our SteelLens practitioners bring deep expertise and in-depth knowledge of steel making, the industry, and global markets. They work hand-in-hand with steel producers to deliver and interpret benchmarks and provide tailored operational analyses.
EXAMPLES OF OUR WORK
Benchmarking to identify productivity improvement across functions
A flat steel producer needed to rapidly reduce costs in order to remain solvent and withstand a tough market. We assisted the company by conducting a bottom-up benchmarking assessment, including detailed walk-throughs and analyses of all process areas, and ultimately identified a 19 percent productivity improvement potential across operations, maintenance, and support functions. This assessment provided the basis for a broader operational transformation program.
Granular benchmarking to derive a cost target
A long steel producer that specializes in the production of high-quality steel faced challenging market conditions, including slow growth and intense competition. We helped them establish and achieve target cost reduction by benchmarking technical indicators. The benchmarking assessment identified €60M in overall cost saving opportunities by reducing costs per ton of finished product by more than €20 per ton.