Nonferrous Metal Rolling & Alloying in Canada - Industry Market Research Report

Nonferrous Metal Rolling & Alloying in Canada - Industry Market Research Report

  • December 2017 •
  • 32 pages •
  • Report ID: 4564061
Brass tacks: Domestic operators will increasingly focus on export markets for sustained growth

Abstract

Nonferrous Metal Rolling & Alloying in Canada
Since the global economic crisis, industry revenue has fluctuated wildly but ultimately trended downward. After surging in 2011, revenue dropped along with most nonferrous metal prices in 2012 and 2013.

These trends continued through the latter half of the five-year period, placing downward pressure on sales and profitability and forcing many industry operators out of the market. Over the five years to 2021, the industry is expected to rebound in line with recovering nonferrous metal prices and strong demand for nonferrous materials from certain key markets. As emerging markets settle into more sustainable growth patterns and developed economies lower their debt burden, demand and prices for nonferrous metals are likely to rebound.

Companies in this industry produce semifabrications from nonferrous metals, except copper and aluminum, in bar, plate, sheet, strip and tube form. Primarily, they roll, draw and extrude shapes and alloy purchased nonferrous metals.

Companies may also recover nonferrous metals and alloys from scrap. This industry excludes the smelting of ores and primary refining of nonferrous metals.

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.
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Country=Canada Industry=Metals ParentIndustry=HeavyIndustry Date=201712 Topic=Demand Publisher=Ibisworld Price=1000