One of the major challenges facing the industrial fastener industry in recent years has been the fluctuation in raw materials prices, especially steel, which surged in 2021 and 2022.
September 6, 2023Global tire demand is forecast to rise 3.3% annually in unit terms through 2027, according to Global Tires, a report recently released by Freedonia Focus Reports.
August 28, 2023Expected gains in US output of building products and refractories will support demand.
June 28, 2023Domestic metal fabricators will face ongoing tariff challenges impacting the supply of raw materials and importation of component parts, limiting shipment growth.
June 9, 2023According to a recently released report by Freedonia Focus Reports, US shipments of industrial castings are expected to see minimal annual growth through 2027.
May 26, 2023The US metal stampings market is expected to see increasing demand through 2027, but growth will be restrained by competition from alternative materials and other fabrication methods.
May 16, 2023Global demand for mining equipment is forecast to rise 5.5% per year to $174 billion in 2027. While this represents a slight deceleration from the prior period.
March 27, 2023