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Basics |
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General
Profile Information - Markets Served: Metal Casting
Metal Casting
is a broad industry covering both Ferrous and Non-Ferrous materials. A table outlining
the breakout of USA castings produced by end-use type is as follows:
Outlook
The non-ferrous casting market is benefiting from a trend in the transportation
sector to lower the weight of cars to increase their fuel efficiency. Motor vehicle
applications are projected to increase 6.6% per year through the year 2008 (AFS
1998). Although ferrous castings reached a 50-year production low of 9.5 million
tons in 1991, they are projected to grow at 1.3% annually in the long-term (AFS
1998). By 2004, ductile iron castings will overtake gray iron as the material
of choice for ferrous castings. Gray iron, once used in the primary components
of autos and light trucks (358 pounds per vehicle), will yield its market share
more and more to light metals, ductile iron, and compacted graphite iron.
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