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No structure: Import penetration will be further encouraged by an appreciating US dollar



Abstract

Structural Metal Product Manufacturing in the US

The Structural Metal Product Manufacturing industry manufactures products used for nonresidential building, utilities and infrastructure construction and various manufacturing applications. Industry revenue depends principally on the level of activity in downstream markets and, as these markets have grown, so has industry revenue. Over the current five-year period, the industry has experienced increased domestic demand; however, high import penetration has caused price competition in the industry due to low-cost foreign products inundating the market. Still, a rise in the value of nonresidential construction has supported the sale of industry products. In the coming years, import penetration will continue due to an appreciating US dollar, making foreign products more appealing to domestic buyers. Due to this challenge, operators are expected to consolidate production and cut costs through mergers, acquisitions and vertical integration.

Operators in this industry manufacture structural metal products such as reinforcing bars, bar joists, railway bridge sections, dam gates, transmission tower sections and railroad car racks. They also manufacture metal plate work, such as bins, culverts, hoods, ladles and containment vessels, as well as prefabricated metal buildings. The majority of industry products are used in nonresidential building and utility construction.

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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Table Of Contents

Structural Metal Product Manufacturing in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Nucor Corp.

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