Casting sales forecast to grow 14% by '08: U.S. metal casting shipments are expected to continue to rebound, despite the ongoing growth of imports.(Cover Story)

Modern Casting | January 1, 2006| | Copyright

Despite only a slight growth in light vehicle production in 2005, metal casting shipments rose 4.2% over 2004 to 14,142,000 tons. The rebound is expected to continue in each of the next three years and show an overall growth of 7.9% to 14,648,000 tons from 2004 to 2008.

While gray iron casting shipments are expected to show a long-term decline of 1% per year, other cast metals are to rise. Ductile iron casting shipments are forecast to gain 1.8% in 2006 followed by a solid 5% increase in the next three years to exceed 4.8 million tons in 2008. Aluminum casting ...

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