Industry Analysis & Industry Trends
The performance of the Structural Steel Fabricating industry reflects trends prevalent in the housing and non-housing construction markets. The industry's fortunes are inextricably tied to the level of activity in the Construction division. This relationship has historically provided the industry with strong opportunities to grow, until the onset of the global financial crisis in late 2008. Prior to the crisis, the industry was buoyed by robust activity in the non-residential construction industries, especially institutional buildings and public infrastructure works such as roads and bridges. The overall situation for the industry has not been ideal since the crisis, which crippled the Construction division... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Structural Steel Fabricating industry exhibits a medium level of market concentration. The top three players account for about 47.3% of industry revenue in 2012-13. Market share drops away sharply after the top two, which account for 24.7% and 21.5% of the market respectively. In addition, 13.2% of the market is held by imported goods, leaving less than 40% of the market to minor players. While the major companies dominate the industry, there are a large number of small and medium-sized operators, with about 83.2% of establishments employing less than 20 people. Industry concentration increased with Arrium's acquisition of Smorgon, which was a major player, in August 2007... purchase to read more