Metal wholesalers purchase primary metal products in bulk from manufacturers and distribute them to markets on a customized basis. They primarily distribute iron and steel, as well as nonferrous metals like copper, brass and aluminum. The industry's performance depends on demand from manufacturing markets and movements in metal prices, since high metal prices increase the value of inventory and boost operator revenue. Moving forward, gradual growth in metal prices is expected to boost revenue growth. Meanwhile, persistent demand for metal inputs in manufacturing, mining and construction industries will reinforce demand for metal wholesaling services.
Metal wholesaling operators distribute primary metal products, both ferrous and nonferrous, to industrial and construction markets. Operators maintain inventory and may perform functions like sawing and cleaning on a custom basis and also as part of the distribution service. However, operators do not distribute precious metals, such as gold, silver and platinum, and they also do not distribute insulated wire or recyclable metal scrap.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.