3 Metal Fabrication Stocks to Watch Amid Industry Headwinds
The Zacks Metal Products - Procurement and Fabrication industry has been reporting strong growth in order levels so far this year, reflecting improving demand in its end-markets since businesses resumed operations. However, the industry is struggling to keep pace with high levels of demand owing to labor shortages and supply issue constraints. High raw material and freight costs remain a headwind. Nevertheless, the industry players including GrafTech International Ltd. EAF, Worthington Industries, Inc. WOR and Northwest Pipe Company NWPX will gain from the strong demand levels, cost management, focus on improving efficiency and investment in automation.
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GrafTech International Ltd. (EAF) : Free Stock Analysis Report
Worthington Industries, Inc. (WOR) : Free Stock Analysis Report
Northwest Pipe Company (NWPX) : Free Stock Analysis Report
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