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Wednesday 17 April 2013

Canada Metals Report Q2 2013

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Canada Metals Report Q2 2013
Apr 17th 2013, 00:00

While the Canadian metals market is set to be an outperformer, consumption growth will be insufficient tosustain output growth in 2013, with the US market set to determine production. As such, some segmentswill see slower growth and even a contraction, particularly where plants are affected by labour disputes.Construction Sector Still PositiveThe situation is still positive in the construction sector, which bodes well for steel and aluminium - the twolargest components of Canada''s metals sector. Having grown by 3.5% year-on-year (y-o-y) in real terms in2011, we expect Canada''s residential and non-residential building industry to have maintained its status asan ...

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