Growth forecasts curbed: continuing market research hedges on earlier forecasts for short-term growth in the casting industry.

From: Modern Casting | Date: April 1, 2008| Author: Kirgin, K. | Copyright information

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Ongoing interviews with key personnel from major casting end users have hedged earlier forecasts calling for a slight expansion in 2008, as casting sales soften in some specific market sectors. However, sales of cars and light trucks produced in domestic automotive plants for non-U.S. companies may have a positive effect on casting sales, and a slight resurgence of medium to heavy truck production could increase sales of brake castings and wheels. ...

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