Over the five years through 2012-13, the Structural Metal Product Manufacturing industry has suffered as a result of the global financial crisis. The fortunes of the industry are inextricably linked to the level of construction activity within the residential, industrial and commercial sectors, all of which experienced robust growth prior to the collapse of the housing market in 2007. A combination of the credit crunch and the global financial crisis effectively crippled the industry by late 2008 as demand dropped. Prices of inputs such as steel also experienced dramatic volatility over this period, as rising prices led to gross oversupply.
The industry consists of firms that manufacture architectural steel, wrought iron or other metal products that are used as inputs into the construction of buildings and other structures. Products such as doors, window frames and staircases are included in this industry. Items which serve to maintain the structural integrity of the building are not included (these products fall within other industries such as Structural Steel Fabricating).
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.