Nonferrous Metal Refining in the US - Industry Market Research Report
- November 2016
- 43 pages
Transition metals: Despite falling copper prices, renewed construction activity will sustain demand
Nonferrous Metal Refining in the US
The Nonferrous Metal Refining industry encountered challenging market conditions over the five years to 2016. Plummeting copper and zinc prices coupled with reduced downstream demand hurt industry revenue in 2009. Following the recession, increases in the price of copper and other industry metals, along with rising demand from the manufacturing sector, spurred double-digit growth in 2010 and 2011. However, industry revenue contracted again in 2012, due to crumbling metal prices, as a result of weak international demand. In the five years to 2021, although activity in the construction and manufacturing sectors is currently gaining ground, the price of copper is projected to decrease, tempering the industry's growth.
Companies in this industry smelt or refine nonferrous metals other than aluminum (see IBISWorld report 33131 for bauxite processing and primary aluminum production). The smelting or refining process includes the use of both electrolytic and traditional furnace-based procedures. Some operators may provide their services on a fee-for-service basis, more commonly known as toll refining. This industry does not include secondary smelting or refining (IBISWorld reports 33142 and 33149).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Gold & Silver Ore Mining in the US
Copper, Nickel, Lead & Zinc Mining in the US
Molybdenum & Metal Ore Mining in the US
Aluminum Manufacturing in the US
Nonferrous Metal Rolling & Alloying in the US
Iron & Steel Casting in China
Copper, Silver, Lead and Zinc Smelting and Refining in Australia
Non-Ferrous Metal Casting in Australia
TABLE OF CONTENTS
ABOUT THIS INDUSTRY
INDUSTRY AT A GLANCE
Key External Drivers
Industry Life Cycle
PRODUCTS & MARKETS
Products & Services
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Technology & Systems
Regulation & Policy
JARGON & GLOSSARY
Freeport-McMoRan Copper & Gold Inc.
Rio Tinto Group