Industry Analysis & Industry Trends
The industry has faced challenging conditions over the past five years, owing to fluctuations in world commodity markets and volatile conditions in key downstream industries. Metal wholesalers supply the construction market and a wide range of manufacturing industries, including carmakers, building-equipment manufacturers and packaging producers. In the years following the downturn, demand for industry services from major markets improved significantly. However, the economic recovery has come in stops and starts. Consequently, conditions have been volatile, compounded by market-specific demand variances and large swings in metal prices.
Sharp growth in motor vehicle manufacturing at the beginning of the five-year period through 2016-17 spurred demand for metal wholesalers... purchase to read more
Industry Report - Industry Products Chapter
Metal wholesalers purchase basic metal products, such as bars, ingots and slabs, in large quantities from producers and importers. The material is held in inventory until it is sold to a customer. Once a sale is made, the wholesaler typically performs some processing services, which can include machining, cutting, bending, punching and coating. Those firms that purchase from metal wholesalers do so because their order size is so small or the processing they require is so specialised that they cannot purchase metal directly from producers or importers. Purchasing from wholesalers offers these firms the advantage of access to large inventories of metals on an ad-hoc basis. Thi.. purchase to read more