Metal Wholesaling in the US
The Metal Wholesaling industry is one of the largest industries in the United States. Over the five years to 2019, volatile metal prices have plagued metal wholesalers, causing industry revenue to decrease. Increasing activity in the Manufacturing, Mining and Construction sectors has boosted demand for metal inputs, benefiting industry operators. Moving forward, stabilization in metal prices is expected to produce moderate revenue growth. Meanwhile, persistent demand for metal inputs in downstream industrial sectors 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, nor do they 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.
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