Steeled for growth: Rising iron ore prices are expected to support industry revenue growth

The Metal and Metal Ore Wholesaling industry distributes primary metals, ore and other metal products to the manufacturing and construction sectors, as well as other businesses for end use. Industry performance is directly influenced by world prices of metal commodities and downstream activity. Over the five years through 2019-20, industry revenue is expected to increase at a compound annual rate of 3.6%.The industry has faced challenging conditions over the past five years, as metal prices have been highly volatile, and industry revenue has largely followed these price movements. Commodity prices plummeted at the start of the five-year period through 2019-20 due to excess supply, weighing on industry revenue and putting pressure on profit more.

Industry Statistics & Market Size
Annual Growth 15-20
Forecast Growth 20-25
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Volatile metal prices have strongly influenced industry performance over the past five years
  • Government assistance has boosted construction activity, supporting demand for industry products
  • Funding for transport and utilities infrastructure construction is expected to support industry demand
  • Industry Report - Industry Analysis Chapter

    The industry has faced challenging conditions over the past five years with highly volatile metal prices and industry revenue has followed a largely similar trend. Increases in the price of commodities can translate into higher revenue for wholesalers if they are able to pass on the price increases further down the supply chain. Conversely, when global metal prices fall, the industry is likely to face downward pricing pressure from key buying industries that aim to maintain their margins. Due to the homogeneous nature of commodities and the large number of market participants, metal and metal ore wholesalers cannot offer prices that are significantly greater than the market level or they risk losing market share. Com...purchase to read more.

    Additional Insights for the Metal & Metal Ore Wholesaling Industry

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

  • Ability to control stock on hand
  • Having links with suppliers
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Downstream demand from manufacturing and Total value of construction in the Metal & Metal Ore Wholesaling industry impact industry performance..

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    What's in this report

    What is the Metal & Metal Ore Wholesaling Industry?

    Firms operating in this industry wholesale ferrous and non-ferrous metals and ores. They also wholesale semi-finished metal products, gold and other precious metals. Industry activities also include value-added services such as cutting and shaping of metal products.

    Industry Products
  • Ferrous metals: Carbon steel and iron
  • Ferrous metals: Stainless steel and alloys
  • Non-ferrous metals: Aluminium and aluminium alloys
  • Other non-ferrous metals
  • Precious metals and other metals
  • Metal ores
  • Industry Activities
  • Wholesaling iron and steel
  • Wholesaling non-ferrous metals, such as aluminium and copper
  • Wholesaling ferrous and non-ferrous semi-finished metal products
  • Wholesaling precious metals
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream demand from manufacturing
  • Total value of construction
  • World price of gold
  • World price of steel

  • Current Performance
  • Volatile prices
  • Competitive pressures
  • Construction and infrastructure
  • Demand from manufacturing
  • Current year
  • Profit and market structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Constructing demand
  • Manufacturing growth
  • Competitive pressures
  • Supply chain pressures
  • Table: Metal & Metal Ore Wholesaling Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Metal Structure Manufacturing
  • Metal Door & Window Manufacturing
  • Radiator & Boiler Manufacturing
  • Electricity Distribution & Control Apparatus Manufacturing
  • Motor Vehicle Manufacturing
  • Trailer, Caravan & Motor Vehicle Body Manufacturing

  • Key Selling Industries
  • Iron & Steel Manufacturing
  • Steel Tube, Pipe & Related Fitting Manufacturing

  • Products & Services
  • Ferrous metals: Carbon steel and iron
  • Ferrous metals: Stainless steel and alloys
  • Non-ferrous metals: Aluminium and aluminium alloys
  • Other non-ferrous metals
  • Precious metals and other metals
  • Metal ores
  • Chart: Metal & Metal Ore Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • Supply and demand
  • Value-added processing services
  • Wholesale bypass

  • Major Markets
  • Construction firms
  • Transport manufacturers
  • Fabricated metal product manufacturers
  • Machinery manufacturers
  • Jewellery manufacturers and other markets
  • Chart: Major Market Segmentation for the Metal & Metal Ore Wholesaling Industry

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

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Metal & Metal Ore Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Metal & Metal Ore Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Metal & Metal Ore Wholesaling Industry
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Metal ore used to produce aluminium.
  • Ferrous
  • A ferrous metal contains or consists of iron.
  • Ingot
  • Metal cast into a shape, usually rectangular, that is convenient for storage and transportation prior to subsequent processing.
  • Metal Ore
  • Ores are naturally occurring rocks that contain metal or metal compounds in sufficient amounts to make it worthwhile extracting them.
  • Non-Ferrous
  • A metal that does not contain any iron. Examples include aluminium and copper.
  • Tungsten
  • Metal ore used to produce alloy metals.
  • What Our Customers Say

    Why buy this report?

    The Metal & Metal Ore Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
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    This report on Metal & Metal Ore 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 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 & Metal Ore 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 & Metal Ore Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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