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          1. Architectural & Structural Metals Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 7/27/2020
            SIC Codes: 3441, 3442, 3443, 3444, 3446, 3448, 3449
            NAICS Codes: 3323
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Architectural & Structural Metals Manufacturing Industry Profile

            Companies in this industry manufacture metal framed windows and doors, sheet metal work, ornamental or architectural metal products, prefabricated metal buildings, and structural metal and metal plate work products. Major companies include Cornerstone Building Brands, Gibraltar Industries, Valmont Industries, as well as units of integrated metal producers such as?Arconic, Nucor, and US Steel (all based in the US;?ArcelorMittal?(Luxembourg); China?Baowu?Steel Group (China); JFE Holdings and Nippon Steel (Japan); and Tata Steel (India.

            Demand for structural and architectural metals is driven by global construction activity. Worldwide structural steel sales are expected to rise by more than 5% per year through 2025, reaching a value of more than $140 billion, according to Grand View Research.

            The US architectural and structural metals manufacturing industry consists of about 12,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $85 billion.

            COMPETITIVE LANDSCAPE

            Architectural and structural metals manufacturers face competition not only from peers within the industry, but also from makers of competing materials, chiefly concrete and wood. Key competitive differentiators include establishing a global presence to take advantage of strong construction spending growth in emerging markets and offering value-added design services. Companies are also tweaking their marketing messaging to better showcase steel's advantages in civil, commercial, and residential construction applications.

            Demand depends primarily on the level of construction activity, particularly nonresidential. The profitability of individual companies depends on manufacturing efficiency and ...

             
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