Other non-ferrous metal production market in the United Kingdom to grow 1.8% CAGR between 2014-19
Other Non-Ferrous Metal Production in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-18 10:41:01
After a highly volatile five years, revenue for the Other Non-Ferrous Metal Production industry is expected to reach Â£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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