M&A s vital for steel industry, says Deloitte study

摘要

Mergers and acquisitions (M&A) remain a critically important business strategy for companies, despite the current slowdown in consolidation within the global steel industry, according to a new report, 'Getting back in the water: Consolidation in the global steel industry', by Deloitte Touche Tohmatsu's (DTT) Global Manufacturing Industry Group. While the economic downturn is a significant factor in short-term decisions regarding M&A activity, steel companies are expecting that they will be making acquisitions over the next three years.