Industry Analysis & Industry Trends
The Metal Wholesaling industry was severely hammered by the recession. This is because 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... purchase to read more
Industry Report - Industry Locations Chapter
The geographic dispersion of the Metal Wholesaling industry largely matches the spread of the US population. This distribution reflects the fact that competition within the industry is largely based on having a local or regional presence. Most customers are located within a 200-mile radius of the wholesaler servicing them.
Where the industry's geographic concentration differs from that of the population, it is skewed higher in areas where steel producers are located. Such is the case in the Great Lakes region, which accounts for about 20.7% of industry establishments. Great Lakes region is the major center for steel producers, in Illinois and Ohio especially. Concentration in the Great Lakes region reflects some wholesalers' desire to locate operations close to suppliers... purchase to read more