Primary Metal Production
The Strategic Intelligence System (ASIS) is based on advanced analytical models that forecast manufacturing activity in the durable manufacturing sector. The Primary Metal Production section of industrial production includes activity in iron and steel mills, steel product manufacturing, aluminum production, and foundries.
Given their uniqueness as a commodity, modeling Primary Metals required analyzing the interdependence of multiple industries. After an intense study of 20 years of data across 16 different economic indices, ASIS models for Primary Metal Production generates exceptionally accurate forecasts depicting how this sector moves in response to shifting industrial demand.
The monthly ASIS Primary Metal Product manufacturing section includes:
- 15-month forecast on US industrial production for the Primary Metal manufacturing sector
- A rolling 5-year graphic comparison of Primary Metal manufacturing
- Twenty-year industrial production trend (including trendline) for the Primary Metal manufacturing sector
- Additional insights and intelligence on trends, pricing (where available in the producer price index), and other industry-shaping factors (politics, global economic trends, etc.)
The Primary Metals manufacturing sector has a significant relationship to commodity prices. Our economic team has considered movement in this sector as it pertains to forecasting primary metal commodity demand (steel, copper, iron ore, coking coal, scrap metal, aluminum, etc.). Demand in the primary metals industrial production category can often lead to purchases of raw metals, but at times commodity demand leads to industrial production activity (stockpiling while prices are favorable).
The team also looks at related sectors in industrial production that influence the direction of this sector including automotive, aerospace, fabricated metals, and primary metals activity. Each relies on one another for both supply and demand.
The Primary Metals manufacturing section of the ASIS is just one part of the full report. Since many sectors within industrial production rely on one another for component parts, a single subscription gives members visibility into all 7 major categories of durables manufacturing. It also includes forecasts and insights into the national supply chain situation since it is often a critical component of operating costs, hence operating margins.
ASIS members include manufacturers; Tier 1, 2, and 3 suppliers; raw material producers, financial managers, and many others. Executive managers across C-suite corporate management, finance and strategy, operations, credit and risk management, sales and marketing, and HR managers use the insights they gain from the ASIS to make critical business decisions.
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Designed to Give Manufacturers a Competitive Edge
There are few sectors of the economy as complex and challenging as manufacturing, The competitive threats come from all directions and all the time. Staying ahead requires knowing what is around each corner - whether it is a threat or an opportunity. The ASIS projects into the future with a carefully constructed set of models that maintain over 97% accuracy so that manufacturers can anticipate. It takes time to be ready for these competitive threats - the ASIS provides that time.
Watch John Nelson from Morris, Nelson & Associates along with Chris Kuehl and Keith Prather from Armada Corporate Intelligence review the monthly IPMAN report.