Iron and Steel Forging in Australia - IBISWorld Industry Market Research

Iron and Steel Forging in Australia

Iron and Steel Forging in Australia - IBISWorld Industry Market Research
Iron and Steel Forging in Australia
Published Jan 21, 2015
27 pages — Published Jan 21, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report


Despite its abundance of natural resources and large quantities of iron ore, Australia has a small steel sector compared with other developed nations. The Iron and Steel Forging industry is characterised by a number of small companies that produce highly customised, low-volume forged products. The industry also includes a few large companies that produce grinding media and wheels and axles for rolling stock.

Forging iron and steel is a method of shaping the metal. Unlike cast iron and steel products, where the metal is heated to its melting point and then poured into a mould, forging involves applying pressure to the metal and bending it into shape.

Operators in this industry are mainly engaged in iron and steel forging activities. These activities involve the shaping of iron and steel into different forms. The process alters the physical properties of the metals, resulting in improved strength characteristics.

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.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Iron and Steel Forging in Australia" Jan 21, 2015. Alacra Store. Oct 24, 2016. <>
IBISWorld Industry Market Research. (2015). Iron and Steel Forging in Australia Jan 21, 2015. New York, NY: Alacra Store. Retrieved Oct 24, 2016 from <>
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