Structural Steel Fabricating in Australia
The Structural Steel Fabricating industry thrives on demand for structural framework and reinforced steel-mesh from the residential and non-residential construction sectors. Despite soft demand from non-building infrastructure and the mining markets, the industry stayed afloat because of solid demand from crucial building markets before the pandemic. More recently, improved demand from non-residential building construction, heavy industry and other non-building construction and mining sectors has been a catalyst for manufacturers' improved performance. Yet, demand from the residential sector has seen a decline. Meanwhile, the industry's performance was curbed due to competition with low-priced imports and alternative materials like reinforced concrete, brick, timber and aluminium.
Industry firms manufacture structural steel components that are used in buildings and other structures.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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