Industry Analysis & Industry Trends
In the past five years, the Metal and Mineral Wholesaling industry has benefited from the mining investment boom, strong foreign demand, and stable domestic growth. Demand from engineering construction for basic metal products (such as structural sections) has been particularly strong, reflecting investment in resource projects and associated infrastructure. Firms supplying other sectors, including automotive manufacturers and the residential housing market, fared less well.
Industry revenue is estimated to increase at an annualised 4.6% over the five years through 2013-14, driven by the strength of the mining investment boom and high foreign demand. Growth would likely have been even stronger if not for the ongoing trend of wholesale bypass... purchase to read more
Industry Report - Industry Analysis Chapter
The mining investment boom drove this industry's performance over the five years through 2013-14. The demand for a range of metals, minerals and steel products, particularly structural sections, has been strong, reflecting investment in resource projects and associated infrastructure such as railways and ports. Additionally, the remote location of many resource projects provided opportunities for metal wholesalers to play a key role in supplying engineering construction firms. Wholesale bypass is a less attractive option for manufacturers and importers when customers are distant and dispersed... purchase to read more