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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

This industry distributes primary metals and metal products to manufacturing, utilities and construction industries and to businesses for end use. Therefore, general industrial activity spurs demand for industry services; the postrecession rebound in manufacturing underpinned industry growth over the five years to 2014. Still, volatile metal prices have dampened the benefits of improved demand. Oversupply of steel, aluminum and other metals since 2012 has put downward pressure on prices, reducing the value of inventory and forcing operators to sell at lower margins. As a result, revenue has grown at an annualized 1.8% over the period, to an estimated $220.3 billion in 2014... 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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