Overview

Slight rusting: Volatile metal prices have continued to plague 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 in this industry
Industry Statistics & Market Size
Revenue
$183bn
Annual Growth
12-17
-4.9%
Annual Growth
17-22
Profit
Employment
156,292
Business
10,084

Industry Threats & Opportunities

  • Increasing activity in the manufacturing, mining and construction sectors spurs demand for metal inputs
  • Metal prices have faltered, instigated by rising global supply
  • Metal wholesalers will benefit most from growth in nonresidential construction

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    Industry Analysis & Industry Trends

    Operators in the Metal Wholesaling industry distribute primary metals and metal products to manufacturing, utilities and construction industries and businesses for end-use. Oversupply of steel, aluminum and other metals over the past few years has put downward pressure on prices, reducing the value of inventory and weakening the industry's profit margins. Recovering manufacturing and construction activity has spurred growing demand for metal inputs, underpinning some growth for metal wholesaler services. Even so, drastic price drops in steel and aluminum drove the industry into decline during the majority of the five-year period to 2017...

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    Industry Report - Industry Key Buyers Chapter

    The Metal Wholesaling industry exhibits low market share concentration due to its sheer size as well as the necessity of locating in proximity to markets. In particular, IBISWorld expects the top largest industry wholesalers to account for just over 10.0% of revenue in 2017. Nearly 80.0% of businesses operate with fewer than 20 employees and keep distribution confined to a modest geographical radius. For most metal wholesaling establishments, the majority of customers are located within a 200-mile radius. Still, market share concentration has trended upward over the past five years due to consolidation. Larger companies, such as Reliance, Ryerson, Kloeckner, O'Neal and Olympic have made major acquisitions over the past five years. Con..

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    Additional Insights for the Metal Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Metal Wholesaling Industry are

  • Effective quality control
  • Ability to control stock on hand and maintain appropriate inventory levels
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as World price of steel and Industrial production index in the Metal Wholesaling industry impact industry performance..

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    Industry Products

    What is the Metal Wholesaling Industry?

    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.

    Industry Products
    Wholesaling iron and steel products
    Wholesaling copper and brass products
    Wholesaling aluminum products
    Wholesaling other nonferrous metals and products
    Wholesaling stainless steel and alloys
    Industry Activities
    Wholesaling iron and steel products
    Wholesaling stainless and alloy steel
    Wholesaling copper and brass products
    Wholesaling aluminum products
    Wholesaling other nonferrous metals and products

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • World price of steel
  • Industrial production index
  • Value of construction
  • World price of aluminum

  • Current Performance
  • Industrial production spurs demand
  • Faltering metal prices constrain growth
  • Structural trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Industrial production spurs demand
  • Faltering metal prices constrain growth
  • Structural trends
  • Table: Metal Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Metal Wholesaling Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Utilities
  • Construction
  • Tractors & Agricultural Machinery Manufacturing
  • Construction Machinery Manufacturing
  • Mining, Oil & Gas Machinery Manufacturing
  • Truck, Trailer & Motor Home Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Space Vehicle & Missile Manufacturing
  • Train, Subway & Transit Car Manufacturing
  • Ship Building

  • Key Selling Industries
  • Aluminum Manufacturing
  • Iron & Steel Manufacturing
  • Metal Pipe & Tube Manufacturing
  • Metal Tank Manufacturing
  • Metalworking Machinery Manufacturing
  • Nonferrous Metal Refining

  • Products & Services
  • Wholesaling iron and steel products
  • Wholesaling stainless steel and alloys
  • Wholesaling other nonferrous metals and products
  • Wholesaling aluminum products
  • Wholesaling copper and brass products
  • Chart: Metal Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing and mining industries
  • Other wholesalers for resale
  • Building contractors
  • Businesses for end use
  • Other markets
  • Chart: Major Market Segmentation for the Metal Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Metal Wholesaling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Metal Wholesaling Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Metal Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Metal Wholesaling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • World Price of Steel (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Alloy
  • A metallic mixture of two or more elements created to enhance the properties of its original elements.
  • Mill
  • A manufacturing plant that produces metals.
  • Nonferrous Metal
  • A metal, such as aluminum, that does not contain iron.
  • Original Equipment Manufacturer
  • A company that manufactures products or components that a company purchases and retails under the purchasing company's brand name.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Metal Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Metal Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Metal Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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