ACCC will not oppose proposed acquisition of OneSteel Sheet and Coil by Bluescope
M2 - Thu Mar 06, 3:21AM CST
Iron and Steel Forging in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Fri Aug 23, 3:01PM CDT
After a period of heavy beatings, the Iron and Steel Forging in Australia industry is expected to emerge with a stronger and brighter outlook. Over the five years through 2013-14, industry revenue is estimated to decline at an annual compound rate of 2.3% to reach $857.4 million. Despite this, profit margins have been relatively healthy, which is mainly attributed to the ability of operators to pass on prices to their clients. According to IBISWorld industry analyst Andrei Ivanov, "Despite the ups and downs in input prices during the past five years, many operators have been able to keep their margins above the zero mark."