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September 2019 Market Report

At the beginning of September, the organisation MakeUK, which we used to know as the Engineering Employers Federation, EEF, published a very gloomy forecast for manufacturing, with domestic demand down, orders down, investment plans down and recruitment down. Brexit is, of course, a major concern but trade wars and a shrinking global economy are also factors. Their growth forecast for 2019 for manufacturing is now down to 0.1%.

Download the September market report for more information.

July-August 2019 Market Report

Inflation in the UK is now at 2.1% which is above the Bank of England target of 2.0%. Employment levels are at historically high figures and wage inflation, now at 3.6%, is the highest level since 2008. The Bank of England has signaled that interest rates could rise but there is an over-riding concern that the UK could then slip into recession.

Download the July-August market report for more information.

May 2019 Market Report

The UK economy grew by 0.5% in Q1 2019, up from 0.2% in the last quarter of 2018. Private consumption and government spending contributed positively while net trade was a negative influence. There has been extensive stockpiling ahead of what should have been Brexit, now postponed, and consumers seem to have thrown caution to the wind. The growth for Q2 2019 may well be adversely affected as companies work through the stockpile rather than placing new orders. Never-the-less the Bank of England has now put up their 2019 prediction of growth to 1.5%. A CBI survey indicated that 30% of member companies are finding a reduction in export orders, partly because the Eurozone is itself weaker, particularly in Germany. There is also a trend of Eurozone companies reducing their dependence on UK companies and restructuring their supply chains away from UK.

Download the May market report for more information.

Quarterly Global Update Q2 2019

  • Global Primary Aluminium Production
  • Presidency of the EU
  • REACH and Aluminium
  • EINICS
  • Aluminium REACH Consortium
  • EA Sustainable Development Indicators
  • EN15804
  • Order Aluminium According to European Standards

June 2019 Market Report

The Office of National Statistics data now available shows that the UK economy shrank in April more sharply than expected.

Download the June market report for more information.

Quarterly Global Update Q1 2019

  • Global Primary Aluminium Production
  • EN and ISO Standards for Aluminium
  • Presidency of the EU
  • Jean Plateau (1923 – 2019)

April 2019 Market Report

Surveys this month have shown that UK business confidence is at its lowest point since 2008.

Download the April market report for more information.

March 2019 Market Report

The UK economy at the moment could be described as steady but lacklustre…

Download the March market report for more information.

Quarterly Global Update Q4 2018

  • Global Primary Aluminium Production
  • Emissions from Cars
  • REACH Regulation for Lead
  • Position Paper on Metals Recycling Rates
  • OECD “Measuring Distortions in International Markets : The Aluminium Value Chain”

December 2018 / January 2019 Market Report

The UK economy stalled in the three months to the end of November…

Download the December-January market report for more information.