Banner
Quarterly Financial Report
Thursday | 27 December, 2012 | 4:33 pm

Q4 2012 quarterly financial report

By Houlihan Lokey

March 2013 - During the fourth quarter, the domestic metals market experienced a slight relapse in recovery. Analysts noted M&A market transaction volume remained strong as transaction values increased. Steel prices decreased overall on lower volumes as continued global macroeconomic concerns and tight pricing drove uncertainty for steel producers. Domestic steel producers’ utilization rate decreased to an average of 71.7 percent. Domestic crude steel production decreased to 23.3 million tons, a decline of 3.9 percent from 24.2 million tons during the same period last year. The fourth quarter displayed strong volume in metals industry M&A activity, on par with the third quarter. Many companies opted to close transactions before full implementation of new tax laws. Long-term fundamentals continue to depict some systematic oversupply, but a strong economic recovery could eliminate this excess capacity quickly.

To view the full report, click here

 

Current Issue

MM-Cover-1114-current

November 2014

ON THE COVER: 
Walking with giants
Wide coil processing helps Champagne Metals stand apart.

MM-Digital-button-current1

Subscribe: PRINT/DIGITAL MAGAZINE - eNEWSLETTERS

Midwest-MM-home-ad-5

Advertisement

Modern Metals on Twitter

White Papers

More White Papers >
Banner

Industry Partners

2D Fiber Laser Cutting

Laser Technology

Metal Finishing & Deburring

Sawing Systems

Salvagnini Amada America, Inc. LISSMAC Corporation Behringer Saws, Inc.

Air Pollution Control

MC Machinery Systems, Inc.

Perforated & Expanded Metal

Haberle USA
Camfil Air Pollution Control

Lubrication Systems

McNichols Co. Sawblade.com

Coil Coating

Unist, Inc.

Press Brakes, Shears and Plasma Machines

Tool & Die

Chemcoaters

Material Handling

Fab-Line Machinery Pacesetter Systems

Drilling

Muratec

Punches, Dies & Shear Blades

Tube & Pipe

Hougen Manufacturing, Inc.

Metal Fabricating Machinery

American Punch Company Mathey Dearman

Grinders

Scotchman Industries

Watts Specialties, Inc.
Diamond Ground Products Trilogy Machinery Inc.

Waterjet

Industrial Sensors

TECHNI Waterjet
SICK, Inc.

TrendPublishing

twitter facebook linkedin rss

 

FFJ-1214-brandingcovers