Challenge
The steel production company aimed to evaluate the feasibility and strategic benefits of a CO2-free steel production model under a Build Own Operate (BOO) framework. They needed to develop a pricing model for operations, identify suitable partners for building and operating the facilities, and attract potential investors. Moreover, the project required quick strategic planning and execution to meet market demands and environmental regulations.
Solution
A senior consultant was provided by expertpowerhouse with significant experience in strategic planning and the steel industry. The consultant conducted a thorough evaluation of the BOO model's applicability, developed a robust pricing model for the operation phase, and identified potential mechanical engineering partners and investors. They also facilitated 5-6 expert interviews to gather insights and validate the strategic approach, ensuring a comprehensive and effective BOO model strategy.
Result
The strategic evaluation led to a clear decision-making framework for the steel production company. The identification of suitable partners and investors provided a strong foundation for the company's CO2-free steel production initiative. The development of the pricing model and strategic insights gained from expert interviews positioned the company favorably in the market, aligning its operations with both economic and environmental goals.