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The Giants of the Sheet Metal Production Industry

Feb 23, 2018

Sheet metal is one of the fundamental forms of steel used in metalworking, which can be cut or bent into a variety of different shapes and sizes. Countless everyday objects and materials are built using sheet metal. Sheet metal forming operations produce a wide range of consumer and industrial products including electronics, kitchen utensils, robotics, aircraft fuselages, and metal furniture. It comes as no surprise that the valuation of the sheet metal market stood at $289.45 billion in 2017. The automotive industry is responsible for the increasing market size of sheet metal, with the estimates stating that the demand for aluminum sheet metal will cross 2750-kilo tons by 2020. (Procurement Market Intelligence Report – SpendEdge) Additionally, the booming manufacturing sector in countries such as China, India, Taiwan, and the Philippines has driven the demand for sheet metal. So, who are the top players in the sheet metal market who will benefit from such a phenomenal growth?

Request Free SampleBlueScope

BlueScope is a global leader in painted and coated steel products and is the world’s third-largest producer of coated steel products. The company primarily caters to markets in Australia, New Zealand, and the western coast of the continental US. Apart from sheet metal, the company also offers hot rolled coil, steel strips, metallic coated steel, and safety data sheets. The company sells its products under the brand name Colorbond, Zincalume, Galvabond, Galvaspan, Zincanneal, Truecore, Tru-Spec, and Uniblanks. In November 2016, BlueScope was awarded by the New South Wales government for its sustainability efforts for the tenth year in a row.

NCI

NCI has been formed because of the consolidation of 19 companies and is one of the world’s largest suppliers of metal components and engineering building systems. The company offers a broad range of products that can be used in new construction activities, repair, and retrofitting. The company sells its metal component brands under the name ABC, DBCI, MBCI, Metal Depots, METL Span, and Centria. Almost half of its revenue is generated from such metal component brands.

Nucor

Nucor is globally renowned for its sustainability practices and is presently North America’s largest recycler with a production capacity of more than 27 million tons. The company is also recognized for its early adoption of new technologies and was among the first companies in the world to use electric ace furnace in its operations instead of the traditional blast furnace. The company is also North America’s largest recycler of any material recycling about 16.9 million tons of scrap material in 2015. Carbon steel, fasteners, metal building systems, sheet metal, and alloys are some of the products offered by the company.

United States Steel

United States Steel is among the world’s top 15 steel producers in terms of production capacity. It was formed as the result of a merger between three global steel producers. The company has a production capacity of more than 22 million tons of steel and is among the largest steel producers in North America. Apart from sheet metal, the company also provides solutions to US federal government and defense industrial base. The company reported revenues of $10.26 billion from five countries including the US.

Alcoa

Alcoa is among the top ten producers of aluminum worldwide. In 2016, it was ranked as the world’s sixth largest aluminum producer in terms of production capacity. In 2016, the company split into two different entities, namely Alcoa and Arconic. The company’s product portfolio includes products and services including aluminum smelting, aluminum casting, aluminum rolling, bauxite, and alumina. The company has operations across the world in countries ranging from the US, Australia, Netherlands, Canada, Norway, Spain to Brasil and Guinea.

Read more about the key suppliers in the sheet metal market along with supply market insights, procurement insights, category management, and pricing models in SpendEdge’s upcoming report on the global sheet metal market.

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