KPMG’s report, Global Metals Outlook: Manufacturing Resilience, is a vital resource for metals stakeholders that explores the key issues and trends impacting the industry. Written in collaboration with the Economist Intelligence Unit, this report is based on a survey of 220 senior executives from leading global manufacturing companies. Featuring executive interviews and insights from KPMG experts, the report sheds light on key sector trends as well as the innovative strategies metals players are increasingly adopting.
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Key findings of the research include:
- Metals companies list managing input costs—and costs in general—as their top concern.
- Nearly seven in ten (68%) metals producers say cost optimization will be a top priority in the coming 12-24 months.
- Metals companies are looking to expand via mergers and acquisitions (M&A), frequently to gain control of raw materials.
- Companies are looking to locate assets closer to customers or suppliers.