This industry profile provides a five-year forecast for Canada’s Fabricated Metal Products Industry.
Canada’s Fabricated Metal Products Industry: Canadian Industrial Profile Spring 2009
Canada’s Fabricated Metal Products Industry: Canadian Industrial Profile Spring 2009
Industry Economic Analysis
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- Energy Prices—Lower energy prices have resulted in many projects being postponed or shelved. While falling prices do cut input costs, reduced oil and gas investment will have a negative effect on industry demand.
- Auto Production—North American auto demand has collapsed in recent months, driving auto production and demand for industry products lower. Credit risk associated with potential non-payment by the Detroit Three is an additional concern.
- Metal Prices—After reaching new highs in 2008, metal prices are now weakening, releasing some pressure on the industry’s costs.
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