Brass tacks: Domestic operators will increasingly focus on export markets for sustained growth

Since the global economic crisis, industry revenue has fluctuated wildly but ultimately trended downward. After surging in 2011, revenue dropped along with most nonferrous metal prices in 2012 and 2013. These trends continued through the latter half of the five-year period, placing downward pressure on sales and profitability and forcing many industry operators out of the market. Over the five years to 2021, the industry is expected to rebound in line with recovering nonferrous metal prices and strong demand for nonferrous materials from certain key markets. As emerging markets settle into more sustainable growth patterns and developed economies lower their debt burden, demand and prices for nonferrous metals are likely to rebound...read more.

Industry Statistics & Market Size
Revenue
$630m
Annual Growth 12-17
-6.5%
Forecast Growth 17-22
Profit
Employment
1,086
Businesses
52
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • In an attempt to control costs, industry operators idled facilities and cut staff
  • Operational challenges have forced many companies out of the industry
  • The industry is likely to face external competition from vertically integrated nonferrous refining and processing companies
  • Industry Report - Starting a New Business Chapter

    The Nonferrous Metal Rolling and Alloying industry has moderate barriers to entry. There are only a few larger players with significant market share, and the fragmented structure of the industry enables new companies to enter the market. New entrants can specialize in the production or reprocessing of certain metals or alloys, and small-scale operations require modest investment in machinery and equipment. The maturity of the industry, however, has resulted in relatively stagnant enterprise growth. Over the past decade, restructuring and consolidation activity has reduced the number of companies operating in the industry.Larger operators benefit from relationships with upstream suppliers and downstream customers as well as economies of scale and product variety. Whi...purchase to read more.

    Additional Insights for the Nonferrous Metal Rolling & Alloying Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Nonferrous Metal Rolling & Alloying Industry are

  • Access to the latest available and most efficient technology and techniques
  • Supply contracts in place for key inputs
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as World price of nickel and Industrial capacity utilization in the Nonferrous Metal Rolling & Alloying industry impact industry performance..

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    What's in this report

    What is the Nonferrous Metal Rolling & Alloying Industry?

    Companies in this industry produce semifabrications from nonferrous metals, except copper and aluminum, in bar, plate, sheet, strip and tube form. Primarily, they roll, draw and extrude shapes and alloy purchased nonferrous metals. Companies may also recover nonferrous metals and alloys from scrap. This industry excludes the smelting of ores and primary refining of nonferrous metals.

    Industry Products
  • Secondary precious metal and precious metal alloys
  • Other primary and secondary nonferrous metal
  • Nonferrous metal powders, paste and flakes
  • Titanium and titanium-based alloys
  • Nickel and nickel-based alloys
  • Zinc-based alloys
  • Primary precious metal mill shapes
  • Industry Activities
  • Recovering nonferrous metals (except copper and aluminum) and nonferrous metal alloys from scrap
  • Alloying purchased nonferrous metals (except copper and aluminum)
  • Rolling, drawing and extruding shapes from purchased nonferrous metals (except copper and aluminum)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of nickel
  • Industrial capacity utilization
  • Canadian-dollar effective exchange rate index
  • World price of gold

  • Current Performance
  • Industry structure and trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Upstream and downstream trends
  • Table: Nonferrous Metal Rolling & Alloying Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Nonferrous Metal Rolling & Alloying Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Iron & Steel Manufacturing in Canada
  • Mining, Oil & Gas Machinery Manufacturing in Canada
  • Electrical Equipment Manufacturing in Canada
  • Car & Automobile Manufacturing in Canada
  • Aircraft, Engine & Parts Manufacturing in Canada
  • Jewellery Manufacturing in Canada

  • Key Selling Industries
  • Copper, Nickel, Lead & Zinc Mining in Canada
  • Copper, Zinc & Lead Refining in Canada
  • Electric Power Transmission in Canada
  • Gold & Silver Ore Mining in Canada
  • Inorganic Chemical Manufacturing in Canada

  • Products & Services
  • Secondary precious metal and precious metal alloys
  • Other primary and secondary nonferrous metal
  • Nonferrous metal powders, paste and flakes
  • Titanium and titanium-based alloys
  • Nickel and nickel-based alloys
  • Primary precious metal mill shapes
  • Zinc-based alloys
  • Chart: Nonferrous Metal Rolling & Alloying Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Other
  • Transportation equipment manufacturing
  • Other metal product manufacturers
  • Jewellery and silverware manufacturing
  • Electrical applications and electronics manufacturing
  • Machinery and appliance manufacturing
  • Chart: Major Market Segmentation for the Nonferrous Metal Rolling & Alloying Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Nonferrous Metal Rolling & Alloying

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Nonferrous Metal Rolling & Alloying Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Nonferrous Metal Rolling & Alloying Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Nonferrous Metal Rolling & Alloying Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • World price of gold (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Alloying
  • The process of adding one metal to another to form a blend sharing some of the properties of each component.
  • Drawing
  • A process for producing wire, bar or tube by pulling metal, increasing its length and reducing its diameter. Wire is typically pulled through a series of dies (holes) of decreasing size.
  • Extruding
  • The process of forcing a solid and usually heated metal through an opening with the same shape as the desired end-product. A hydraulically operated ram is used to push the metal through the opening.
  • Ingot
  • Semiprocessed metal shapes that usually require further shaping, such as cold and hot working, cutting or milling, to produce a useful final product.
  • Nonferrous Metals
  • Metals other than iron and steel.
  • Primary Metals
  • Production of metals in their most basic form by processing (i.e., smelting or refining) mined ores.
  • Refractory Metals
  • A group of metals, including tungsten and tantalum, with particularly high melting points and excellent resistance to shock.
  • Rolling
  • A process that reduces the thickness of a piece of metal by passing it through successive rotating mills that compress the metal.
  • Secondary Metals
  • Reprocessing of useable metal recovered from recycled scrap
  • Semifabrication
  • The industrial processes for producing rolled products, extrusions, wire, tubes, forgings and castings.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Nonferrous Metal Rolling & Alloying market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Nonferrous Metal Rolling & Alloying:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Nonferrous Metal Rolling & Alloying market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Nonferrous Metal Rolling & Alloying, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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