SOURCE: Wall Street Equity Research

Wall Street Equity Research

November 12, 2010 08:06 ET

Professional Research on Precision Castparts Corp. and Reliance Steel & Aluminum Co. -- Metal Fabricators Take Off With Exposure to Aerospace

JOHANNESBURG, SOUTH AFRICA--(Marketwire - November 12, 2010) - www.wallstreetequityresearch.com allows shareholders to gain full understanding of the economic and market forces influencing the metal fabrication industry, and offers free research on industry players Precision Castparts Corp. (NYSE: PCP) and Reliance Steel & Aluminum Co. (NYSE: RS). Register today at www.wallstreetequityresearch.com to receive free research reports on these companies.

The Metal Fabrication industry has had mixed results lately. The price for iron ore has risen due to strong Chinese demand. This has hurt the margins of several companies within the industry that have struggled to incorporate the material's increase in their pricing. However, this has been mostly offset for companies such as Precision Castparts Corp. and Reliance Steel & Aluminum Co. with exposure to the aerospace industry. Shareholders and investors can sign up today at http://wallstreetequityresearch.com/November122010PrecisionCastpartsCorp.(PCP)121110.php or http://wallstreetequityresearch.com/November122010RelianceSteel&AluminumCo.(RS)121110.php to download the full reports on Precision Castparts Corp. and Reliance Steel & Aluminum Co.

www.wallstreetequityresearch.com is a specialized website where investors can have complete access to free reports on metal fabrication industry; traders looking for analyst opinions on Precision Castparts Corp., Reliance Steel & Aluminum Co. and other players in the industry are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/.

Metal fabricators have seen high volumes lately as a rebound in air travel has spurred the aerospace industry back to life. Better than expected backlogs and strong aftermarket demand have continued despite a marginal decrease in air travel during August. Air travel once again increased in September. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting metal fabrication stocks.

Industrial fasteners have also proved to be a strong market for the Metal Fabrication sector. A growth in demand has been lead by emerging economies as production increases in their automotive, industrial, and infrastructure markets.

Political turmoil throughout the globe should ensure that military and defense spending remain strong, meaning parts suppliers should have a healthy market during the coming years. While the sector has seen a modest recovery after the recession, it is not expected that a meaningful turnaround will take place until commercial construction resumes at previous levels.

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