Industry Analysis & Industry Trends
The Spring and Wire Product Manufacturing industry is in a decline phase of its life cycle, and industry revenue has suffered accordingly. Most industry product lines are well-established, and competition is based on price. Industry revenue is forecast to have contracted by 2.7 % per annum in the five years through 2011-12. Revenue is expected to reach $1.21 billion after a 5.6% decline during 2011-12. This decline is mainly attributable to the poor performance of the automotive industry, a key downstream market, and increased competition from imported products... purchase to read more
Industry Report - Industry Locations Chapter
Like most manufacturing industries, the industry has its prime focus the capital cities of Australia, particularly the two largest states along the eastern seaboard, New South Wales and Victoria. The number of establishments will have declined in the five year period ending June 2010 by 1.1% per annum as the industry has consolidated.
The Steel Manufacturing industry within Australia is highly concentrated in New South Wales. This concentration tends to reflect both proximity to customer markets and sources of their input materials. In 2010, the industry is expected to have 38% of industry establishments located in New South Wales... purchase to read more