Deloitte June News Update

Drivers of digital disruption

The Internet of Things is beginning to transform the Energy and Utilities sector, with customers, employees and assets all becoming increasingly connected.

The Connected Series, developed by Deloitte UK, is a collection of reports focusing on the drivers of digital transformation and explores the different ways companies can respond today and in future.

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2017 Global Chemical Industry M&A Outlook

Global chemical mergers and acquisitions (M&A) activity is expected to increase in 2017, but geopolitical factors such as protectionism could pose a challenge to achieving the levels of record activity the industry experienced in 2015 and 2016.

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Overview of steel and iron market

In 2016 the downward trend in output and consumption that had been continuing from 2015 gave way to greater stability, with industry indicators changing by less than 2 percent:

∙Steel output grew by 0.8 percent up to 1,629 million tonnes

∙Steel consumption grew by 1.3 percent up to 1,600 million tonnes.

Over the first three months of 2017 saw global steel output reach 410.5 million tonnes, up 5.7 percent from the same period in 2016. In 2016 China saw an increase of 1.8 percent in domestic consumption of steel amidst the continuing incentives and growth in loans.

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