Metal Wholesaling in Texas
Operators in the Metal Wholesaling industry in Texas purchase metal products in bulk from manufacturers and larger wholesalers and distribute them to downstream markets. They primarily distribute iron and steel products, 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. Over the five years to 2017, volatile metal prices and imbalances in global supply and demand for steel have negatively affected metal wholesalers. However, industry revenue is forecast to return to growth over the next five years.
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.
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