Research and Markets: Iron and Steel Forging Industry in the U.S. and Its International Trade - the Updated Q2 2009 Edition

DUBLIN-(Business Wire)-September 2, 2009 - Research and Markets (http://www.researchandmarkets.com/research/8ac849/iron_and_steel_for) has announced the addition of Supplier Relations US, LLC's new report "Iron and Steel Forging Industry in the U.S. and its International Trade [Q2 2009 Edition]" to their offering.

The Iron and Steel Forging Industry report is the most comprehensive market research report available on this industry. It provides the most updated data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure, and trends and opportunities.

Definition & Classification

This U.S. industry comprises establishments primarily engaged in manufacturing iron and steel forgings from purchased iron and steel by hammering mill shapes. Establishments making iron and steel forgings and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product. Iron and steel forging establishments may perform surface finishing operations, such as cleaning and deburring, on the forgings they manufacture. This 6-digit NAICS industry (332111) is under the hierarchy of Forging and Stamping Industry (33211), Fabricated Metal Product Manufacturing Subsector (332), and the Manufacturing Sector (31-33). Its SIC equivalent code is: 3462 - Iron and Steel Forgings.

Revenue, Profitability & Foreign Trade Preview

The industry's revenue for the year 2008 was approximately $8.5 billion USD, with an estimated gross profit of 24.83%. The industry used a projected 71 percent of its full production capacity in 2008. The industry could have increased its total shipment value to $11.9 billion USD under full production capacity. This industry did not have direct foreign trade statistics. The report nevertheless depicted relevant foreign trade data from a higher level NAICS industry or industry group.

Report Summary

This 163-page report contains unparalleled research on this industry in breadth and depth. With a macroeconomic perspective, the report provides a fresh and comprehensive view of the industry. The report's supply and demand data covers both U.S. shipments and international trade while taking into consideration of the industry's capacity utilization. The industry level income statements, balance sheets, and capital expenditure analysis contain all the elements needed for financial benchmarking. In the cost analysis section, 38 upstream industries are analyzed to offer insight into the supply chain cost structure. For the channel and pricing structure, 172 downstream industries are analyzed. The competitive landscape section provides the number of companies and their revenue share within the industry, the market concentration, and a list of major players. All related trade associations, industry standards, and trade publications are also listed.

Our clients include Fortune 500 companies, manufacturers, international top consulting firms, major retailers and wholesalers, professional trade associations, financial corporations, universities, governmental entities, start-ups and individuals. We are committed to providing the highest level of quality to all our clients and assure your satisfaction in the report delivering as promised.

In this report, you will find industry data on the following major categories: