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Metal and Mineral Wholesaling in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Metal and Mineral Wholesaling Market Research Report | ANZSIC F3322 | Jan 2016

A little rusty: The end of the mining boom has reduced local industry demand

IBISWorld’s Metal and Mineral Wholesaling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 11-16
-0.8%
Annual Growth 16-21
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Profit
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Employment
13,300
Businesses
1,803
Industry Analysis & Industry Trends

The Metal and Mineral Wholesaling industry has suffered from lower metal and ore prices over the past five years, which have contributed to revenue falls. However, these pricing declines have been largely offset by higher volumes, minimising the impact on revenue. Demand and revenue growth have been mixed across different markets. Demand from engineering construction for basic metal products, such as structural sections, has been particularly strong, reflecting investment in resource projects and associated infrastructure. Industry firms supplying other sectors, such as automotive manufacturers and the residential housing market, have generally fared less well.

Industry revenue is expected to decrease at an annualised 0.8% over the five years through 2015-16... purchase to read more

Industry Report - Starting a New Business Chapter

There are moderate barriers to entry for new firms into the Metal and Mineral Wholesaling industry. Key barriers to entry are the ability to raise substantial amounts of working capital, establishing key supply and demand industry contacts, and developing a reputation for timeliness and competitiveness. New industry companies that can achieve these targets are more likely to be successful over the long term.

Firms in the industry generally either compete based on high volumes and low margins, or lower volumes and higher margins. A high volume operator will need to raise substantial amounts of capital to commence operation on a large scale... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Metal and Mineral Wholesaling Industry?

Firms in the industry wholesale a range of mineral and metal products. Key items include coal and coke, pig iron, ingot steel and semi-fabricated products of iron or steel. These can take the form of sheets, strips, bars, rods, sections, structural steel or tubes. Industry firms may also wholesale metal waste or scrap.

Industry Products
Iron and steelNon-ferrous metalsCoalMetal oresOther metal and mineral products
 
Industry Activities
Aluminium and aluminium alloy wholesalingCopper and copper alloy wholesalingCoal and coke wholesalingIron and steel wholesalingMetallic ores wholesalingMetal scrap wholesalingMineral wholesalingNon-ferrous metal wholesalingPrecious metal scrap dealing and wholesalingSteel bar, plate, rod, and sheet wholesaling


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