The Iron and Steel Casting industry is involved in the production of intermediate products, which are consumed by a variety of users. This means that the performance of the industry is heavily influenced by developments within key downstream markets, particularly the Mining, Construction and Manufacturing division. A cyclical downturn in key downstream industries within the Manufacturing division has taken its toll on the Iron and Steel Casting industry over the past five years. Furthermore, marked volatility in iron and steel prices have added to the industry's decline. Despite this, activity in the Mining division has supported the industry and restricted the decline in revenue.
Operators in this industry are mainly engaged in producing iron and steel products through a process called casting, which involves pouring molten ferrous metals into moulds. Industry products are then consumed as intermediate inputs by a range of user industries.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.