Industry Analysis & Industry Trends
The performance of the Structural Metal Product Manufacturing industry is inextricably linked to the level of construction activity within the building and infrastructure markets and its exposure to substitution by alternative products manufactured using timber, aluminium and glass.
Industry revenue is projected to decline by an annualised 1.5% over the five years through 2013-14, to total $2.4 billion. The sale of structural metal products has been adversely influenced by subdued investment into new housing construction and a downward trend in commercial and industrial building activity... purchase to read more
Industry Report - Industry Analysis Chapter
The Structural Metal Product Manufacturing industry is heavily dependent on the trends of investment into the downstream construction markets, particularly house building, and the industry must fend off competition from substitute products manufactured using wood, glass and aluminium. The industry is being exposed to increased import penetration but this remains a minor source of competition compared with product substitution.
Since the late 2000s, the industry has been adversely affected by subdued growth in total housing construction and a downward trend in the non-residential building market... purchase to read more