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| Countries covered: United States This Market Intelligence Report focuses on the fabricated metals marketplace in the United States from a supply chain sourcing perspective. It highlights metal service centers, rather than manufacturers or outsourced manufacturing. Primarily a fragmented industry, the fabricated metals industry has a well developed supplier base. The fabricated metals category has high product segmentation and serves primarily industrial markets. The demand for fabricated metals is generated by various midstream and downstream industries with primary drivers including economic growth, industrial production and new construction. Key costs around this category include base metal prices (steel, aluminum and copper), labor and freight costs. The major trends in the fabricated industry include continued consolidation and increased offering of integrated on-site supply services, among others. Import activity in this sector is low and is exhibiting an increasing trend. The risk outlook for the fabricated metals industry is deteriorating based on the macroeconomic environment. Category management best practices around the fabricated metals industry include strategic sourcing practices. Starting with detailed background information to provide category context, this report provides insight into the market drivers around demand and key costs, including both historical and forecasted commodity pricing. The supply base section covers the top suppliers, including high-level overviews and market news. The report presents the NAICS category cost structure and historical, current and future pricing curves. The trend section reports new and emerging industry directions. Regulatory considerations include developing governmental initiatives. Risk outlooks offer a view into upstream drivers that could adversely affect the industry and category. Insights and Best Practices share winning strategies around the management and sourcing of this category. |
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