Freedonia In The News
Article Title: US Demand for Refractory Products to Reach $3 Billion in 2014
Publication: METALL, 1/30/2011
Freedonia Study: Refractories (2704)
Quote from article
US demand for refractory products is forecast to advance 8.0 percent annually to $3.0 billion in 2014, reflecting a rebound in steel manufacturing from dismal 2009 levels.
Of the nearly $1 billion total gain in refractory demand by value between 2009 and 2014, the metals industry will account for more than 75 percent. Total market demand by tonnage for the same period is forecast to climb 6.1 percent per annum to 2.7 million tons in 2014. This level of consumption, though comparable to 2004 levels, still falls short of the 3.5 million tons consumed in 1999. These and other trends are presented in Refractories, a new study from The Freedonia Group, Inc.
Display Full Text of Article
Return to Document