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New Market Study Published: South Africa Metals Report Q2 2014


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2014-02-27 17:14:11 - Recently published research from Business Monitor International, "South Africa Metals Report Q2 2014", is now available at Fast Market Research

The outlook for South Africa's metals industry is increasingly troubled as persistently low output prices, rising energy costs and further intense wage negotiations with unions are set to plague the sector. Metals consumption growth will perform better than production growth, due to solid demand growth from the autos sector. We expect this demand growth to be met in large part by increased imports, as investment in South African production facilities will be held back by the glut of metals, particularly steel, on the world market.

In terms of the domestic market, metals consumption will track broader economic growth in South Africa, which we anticipate to be slow but steady with a modest recovery expected over coming years. We see autos production

growth as a key driver of metals consumption. We forecast autos production to grow by an annual average of 2.9% over 2014-2018, while construction industry value will grow by 3.9% y-o-y over the same period.

Full Report Details at
- www.fastmr.com/prod/775466_south_africa_metals_report_q2_2014.as ..

The key immediate threat to the South African metals industry is the disruption of raw material supplies from strikes in the mining sector, but long-term structural problems such as high electricity prices will also be detrimental to investment. Moreover, a national carbon tax is scheduled to be implemented in 2015. Although concessions will potentially be implemented for energy-intensive industries such as steel production, the tax will further weigh on a deteriorating environment for metals production in South Africa.

Report Table of Contents:

The table of contents for this report is available upon request.

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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