By Matt SchoenfieldA few years ago, if you had told me that the U,S.
sheet metal industry would be as big as it is today, I’d have laughed.
It would have been like telling me that there are two-inch squares in every house.
But that’s exactly what is happening with the U-shaped metal in the U., Europe, Asia and beyond.
In fact, this year, the U is the world’s second-largest metal producer behind China, which uses a total of about 80% of the world market.
In 2018, the industry will grow to be worth about $7.7 trillion, up from about $5.5 trillion in 2017, according to the Metal Information Service.
And in the coming years, the metal industry will be a global industry, with some countries dominating the industry.
“It is going to be a worldwide industry,” said Robert C. Hager, president of Metal Products & Services International, which represents U.K. sheet-metal manufacturers.
“You can’t make it in America anymore.
There’s not going to ever be a U. States of Metal.”
The U. S. Sheet metal industry is also changing rapidly.
It has a strong presence in the manufacturing sector, which employs roughly 6 million people.
But the metal also is expanding into the retail and service industries, where demand is surging.
“In the last five years, I would say we’ve had a resurgence in the wholesale market, which is where most people are buying their products,” said Richard R. Davis, chief operating officer of U.P.M.A., the largest supplier of sheet metal to the U of S. The U. U. P.
M, a division of P&G, said that as of June 30, 2018, its wholesale business had grown by 15% year-over-year to $2.4 billion.
It expects to add another 5% in 2021 and add another 4% in 2022.
For the year to date, U.U. has been the biggest supplier of U- shaped sheet metal in North America, according, as of July 1, 2018.
The number of U.-shaped sheet metal imports from China and the U.-S.
grew at roughly the same rate in the same period, according the U & M. The total number of products imported from China increased by about 8% in the year ended June 30.
“China’s imports from the U are going to go up, and so are the U’s, but it’s a good thing because if we don’t, the prices for U- and U-S-shaped sheet metals will go up too,” said Dennis H. Hickey, a metals analyst at Bernstein Research.
The rise in China’s demand for U.s. sheets reflects the rapid rise in the price of steel.
As of January 2018, steel prices in the United States averaged $5 per ton, down from $7 per ton in 2015.
“The Chinese are very well integrated into the U,” said Hickey.
“And so their demand is driven by their demand for their steel, and then they’re also a major source of the Us.”
China’s demand is fueled by the U s demand for its steel, according Andrew S. Wiedenfeld, chief economist at the Chicago Mercantile Exchange.
The price of U,s-shaped sheets in China is about $1.10 per ton.
China’s exports of U shaped sheet metals to the United Kingdom, which accounted for about 20% of U sheets imported last year, jumped more than 50% to $4.6 billion.
China exported about 1.4 million U-sided sheet metal items to the UK last year.
And the United Sates imported 1.1 million U shaped sheets last year from China.
The United States is also becoming more dependent on the U for its aluminum production.
The world’s largest producer of aluminum has been exporting U- shape sheet metal for about two years now.
The country has been ramping up production of U shapes since last year and has exported about 6.5 million U shapes to China, up about 10% from last year’s export.
And because the U shapes are more durable than the steel they are made of, they are being used in the production of aluminum.
“This year we’re seeing that China is using more U shapes than it’s used to,” said Wiedengfeld.
“That’s a sign that there is a demand for these U shapes and that the price is going up.”
The United States’ aluminum industry, however, is still struggling to grow.
The metals market in the US is still relatively small.
In 2017, the metals industry shipped about $2 billion worth of aluminum products to the country.
That number is forecast to grow to $3.2 billion this year.
In addition, U- shapes account for roughly one-