September 25, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Long associated with the construction and automotive markets, the U.S. sector for the shaping and fashioning of metals is finding newer customers in the electronics and alternative fuels industries, where emerging technologies demand quickly supplied components.
Industrial Info is tracking more than $2.3 billion worth of capital-spending projects in the U.S. metal rolling, processing, finishing and fabrication sector that are set to begin construction in the fourth quarter, nearly half of which is related to the manufacturing of steel pipes and tubes. Companies involved include Zekelman Industries Incorporated, United States Steel Corporation (NYSE:X), Nucor Corporation (NYSE:NUE), Constellium SE (NYSE:CSTM), Norm Holding and OPmobility.
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