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Other Non-Ferrous Metal Production in the UK - Industry Market Research Report

Other non-ferrous metal production market in the United Kingdom to grow 1.8% CAGR between 2014-19


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2014-04-18 10:41:01 - Other Non-Ferrous Metal Production in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com

After a highly volatile five years, revenue for the Other Non-Ferrous Metal Production industry is expected to reach £1.6 billion at the close of 2013-14. The industry´s revenue is expected to grow at a compound annual 1.1% over the five years through 2013-14. However, depressed nickel prices are expected to push revenue to contract by 1.3% in 2013-14. Nickel is a key industry product and therefore reductions in its price limit revenue returns from product sales. Nickel prices plummeted twice over the past five years.

The first instance was in 2008-09 on the back of the global economic downturn. Prices recovered well encouraging excess supply, which presided over a second dip in 2012-13. Both instances damaged revenue from nickel sales and

 

 

depressed industry revenue.

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