2014-03-21 20:55:02 - Steel in Australia - a new market research report on companiesandmarkets.com
The Australian steel market had total revenues of $3.6bn in 2012, representing a compound annual rate of change (CARC) of -10.6% between 2008 and 2012.
Market consumption volumes declined with a CARC of -10.5% between 2008 and 2012, to reach a total of 4.9 million units in 2012.
The performance of the market is forecast to decline further but with a slower pace, with an anticipated CARC of -8.2% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $2.4bn by the end of 2017.
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