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Recent years have brought interesting changes to the metal fabrication industry. For companies and individuals invested in this business, it’s essential to stay on top of the trends to accurately predict the market and adapt accordingly. To assist with this, here are three emerging trends that will likely continue to be prominent in the future.

Metal Fabrication Trends to Watch

1. Increasing Demand

In recent years, metal shops and fabrication businesses have had plenty of work. 2018 has been forecasted for a 1.82% growth of steel, or roughly 1.62 billion tons. 2019 is expected to see growth but at a slower rate. 

2. Rising Steel Prices

metal fabricationBecause of the tariffs on imports, American steel producers currently have less competition from foreign suppliers, which has allowed them to raise their prices. The result: until inflation catches up, it’s a good time to invest in steel. This has made it difficult for fabricators to secure the supplies they need, but fortunately, the market is currently in a place where they can charge more for their products, as well.

3. More Automation

Companies are constantly striving to give themselves a cutting edge through technological innovations. Businesses are becoming more reliant on the Internet of Things (IoT), a network that connects warehouses to suppliers. This allows them to control various functions remotely. Along with other technology such as 3D printing, tube lasers, and more, these changes require companies to hire tech-savvy employees or train their current employees to handle the technology.

 

Seeking a company to provide metal fabrication, repair welding, and more around Missouri’s St. Charles and Warren Counties? The experts at Nadler Welding & Repair Shop can help. With over 66 years in the business, this Wentzville-based company wins over customers through a dedication to quality and customer service, evidenced by their ability to fix and fabricate almost everything and their willingness to perform portable work. Learn more today by visiting them online or calling (636) 327-4404.

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