Light Metal Casting in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-21 16:26:01
Light metals, such as sodium, lithium and aluminium, have a low atomic weight. They are cast into components for many engineered products, including automotive and aerospace parts. The industry is domestically oriented and has been adversely affected by weak industrial activity in the United Kingdom over the past five years.
The 2008 financial crisis strained budgets and curtailed national spending, limiting demand for manufactured products and, thus, sales of the light metal castings used to produce them. A significant reduction in motor vehicle manufacturing hit industry revenue particularly hard, but this was short-lived. Automobile sales, and thus demand for light metal inputs, rebounded strongly in 2010-11 and bolstered industry revenue.
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