This industry profile provides a five-year forecast for Canada’s Fabricated Metal Products Industry.
Canada’s Fabricated Metal Products Industry: Industrial Profile Spring 2015
Canada’s Fabricated Metal Products Industry: Industrial Profile Spring 2015
Industry Economic Analysis
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- Declining Energy Investment—Weaker investment in the oil and gas extraction sector will dampen demand for fabricated metal products used as inputs for machinery production.
- Manufacturing Activity—Strengthening manufacturing sectors in both Canada and the U.S. should support demand for fabricated metal products.
- Metal Prices—Expanding supply by low-cost producers, as well as weaker demand growth from China, will lead to declining metal prices in 2015. This should alleviate some of the pressure on the industry’s costs.
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