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There are xx businesses in the Iron & Steel Forging industry in Australia, which is expected to decline at xx% over the next five years. Industry operators primarily forge iron and steel products. Forging involves shaping iron and steel into different forms. The forging process alters the metals’ physical properties, improving their strength and durability.
Curious about what drives these trends? IBISWorld's Iron & Steel Forging in Australia industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Aluminium Rolling, Drawing & Extruding in Australia |
|
XX% | XX% | $XX |
| Iron & Steel Casting in Australia |
|
XX% | XX% | $XX |
| Iron Smelting & Steel Manufacturing in Australia |
|
XX% | XX% | $XX |
| Structural Steel Fabricating in Australia |
|
XX% | XX% | $XX |
| Metal Stamping & Forging in the US |
|
XX% | XX% | $XX |
| Metal Stamping & Forging in Canada |
|
XX% | XX% | $XX |
| Iron Casting in the UK |
|
XX% | XX% | $XX |
| Steel Casting in the UK |
|
XX% | XX% | $XX |
| Iron Casting in Germany |
|
XX% | XX% | $XX |
| Steel Casting in Germany |
|
XX% | XX% | $XX |
| Iron & Steel Casting in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 127 Iron & Steel Forging in Australia businesses as of 2025, an decrease of -2.3% from 2024.
The number of Iron & Steel Forging in Australia businesses has declined -1.9% per year on average over the five years between 2020 and 2025.
See our full analysis of the Iron & Steel Forging in Australia to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Iron & Steel Forging in Australia has low market share concentration and the largest business is Grinding Media.