2012-09-26 01:53:33 - United States Metals Report Q3 2012 - a new market research report on companiesandmarkets.com
We continue to forecast modest growth across the refined metals sector in the US as the economic recovery gains traction. Spurred on by growth in key metals-consuming sectors we anticipate refiners and metals producers will cautiously bring production back online in order to meet demand. That said, production and consumption will likely still remain below pre-crisis levels as the threat of economic weakness in China and the eurozone looms over the global economy.
We forecast relatively slow growth across the metals sector in the US between 2012 and 2016 given the uneven economic recovery. As the world´s largest economy continues to gain steam following the global financial crisis, both production and consumption will improve albeit at a slow pace. The economy
continues to recover from the global financial crisis. With large portions of production capacity taken offline in the wake of the economic downturn, refiners will slowly bring output back online as demand rises especially from the construction and consumer goods sectors. We believe slow but steady growth in the metals sector will roughly track broader GDP growth, which we forecast to average 2.4% over the forecast period.
The price of this market report covers 4 quarterly reports on this sector. This quarterly report will be downloadable instantly as a PDF document, with the 3 remaining reports delivered at regular intervals throughout the year.
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