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Metal Wholesaling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Metal Wholesaling Market Research Report | NAICS 42351 | May 2014

Steely resolve: The gradual recovery in metal prices will boost industry revenue growth

IBISWorld’s Metal Wholesaling market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$220bn
Annual Growth 09-14
1.8%
Annual Growth 14-19
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Profit
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Employment
139,777
Businesses
6,865
Industry Analysis & Industry Trends

The Metal Wholesaling industry was severely hammered by the recession; metal wholesalers and service centers supply metal products to almost every manufacturing and construction industry, and the economic downturn hit these downstream buyers hard. However, resurgence in demand for metal products from these downstream markets, including the increases in residential and nonresidential construction, will aid profit growth... purchase to read more

Industry Report - Industry Key Buyers Chapter

The top four firms in the Metal Wholesaling industry are estimated to account for less than 10.0% of industry revenue. Revenue in this industry is spread across a large number of relatively small industry players. The majority of firms (79.1%) operate with fewer than 20 employees. A further 19.0% of companies employ 20 to 100 employees, while 1.9% employ 100 to 500 people.

The main reason for this low level of concentration is the need for businesses to be close to customer markets. For most metal wholesaling establishments, the majority of customers are located within a 200-mile radius... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Metal Wholesaling Industry?

Operators in this industry distribute primary steel, copper and aluminum products and other nonferrous metal products to end-markets. Operators maintain inventory and may perform functions such as sawing and cleaning on a custom basis and as part of the distribution service. Operators in this industry do not distribute precious metals such as gold, silver and platinum; they also do not distribute insulated wire or recyclable metal scrap.

Industry Products
Iron and steel productsStainless and alloy steelCopper and brass productsAluminum productsOther nonferrous metals and products
 
Industry Activities
Wholesaling iron and steel productsWholesaling stainless and alloy steel Wholesaling copper and brass productsWholesaling aluminum productsWholesaling other nonferrous metals and products


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