U.S. Metalcasters Emerge from Recession
*Tis article has been revised based on new data that became available in January 2013, which updated the economic model AFS uses to forecast.
U.S. metal casting sales increased 19% in 2011 and are expected to grow another 14.6% through 2015. A MODERN CASTING STAFF REPORT
T
he U.S. metalcasting industry is in the midst of a recovery from a dramatic recession that began
at the end of 2008 and continued through the first part of 2010, as casting customers are regaining lost ground. After shipping $28.2 billion in castings in 2007, the industry bottomed out to $21.62 billion in
shipments in 2009 at the depth of the recent economic recession. The industry began to rebound in 2010 with an estimated growth of 19% from the previous year to $25.67 billion, and this continued in 2011, reaching $30.66 billion in sales. The recovery is expected to continue through 2015 when sales will reach $35.12 billion, according to the 2013 Metalcasting Forecast
and Trends Report published by the American Foundry Society, Schaumburg, Ill. All cast metals are expected to see sales growth in the short term as customer demand continues to improve. Ductile iron, aluminum, compacted graphite iron and copper- base alloys see the greatest opportu- nities for long-term growth. While ductile iron growth is expected
Aluminum and ductile iron casting sales are expected to grow at nearly the same trajectory.
22 | MODERN CASTING January 2013
Copper-based and other alloys are trending upward through 2020.
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