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Report provides in-depth look at U.S. foundry industry.

Report Provides In-Depth Look at U.S. Foundry Industry

Industry consolidation, plant reductions and modernization will help push ferrous casting shipments to 11 million tons with dollar amounts doubling to $26 billion by the year 2000. At the same time, nonferrous market penetration will slow down as production costs increase and markets taper off.

Overall, the American market for ferrous and nonferrous castings will reach $48 billion by the end of the century, with a volume of 12.8 million tons.

These and other projections are contained in the latest study from Leading Edge Reports, "Foundry Products and Markets: A Strategic Report on Ferrous and Nonferrous Foundries."

By special arrangement with the Leading Edge group, the AFS Library is again offering this comprehensive, 250-page study at $1700. The study also is available in a hardcover and computer disk package (ASCII format, 5.25 in. DSDD 360K floppy disk, IBM compatible) for $1850.

The report contains the latest information on the U.S. foundry industry: growth and forecasts; end-use markets; capacity; import penetration; export markets; new technology; government regulations; company profiles; market shares; labor; material; and energy costs.

Castings covered include: aluminum; steel; copper; gray, ductile and malleable iron; zinc; lead; investment; carbon and alloy steel; and magnesium.

The report points out that in the 1990s "the loss of traditional casting applications to plastics and other substitute materials will continue to be a negative factor, but many of these penetrations of castings markets by competing materials are now approaching maturity."

However, castings remain "essential components" in the durable goods, says the report, noting that an 8% annual growth in dollar value of castings shipped is expected through the year 2000.

For more information, a copy of the report's table of contents or to order, contact: Virginia Khatib, AFS Library, 505 State St, Des Plaines, IL 60016-8399; 708/824-0181; toll-free 800/537-4237; fax 708/824-7848.
COPYRIGHT 1990 American Foundry Society, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Industry News; Leading Edge Reports
Publication:Modern Casting
Date:Sep 1, 1990
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