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 - Industry Key Buyers Chapter
Industry concentration is low, with the four largest companies generating an estimated 31.1% of industry revenue in 2015-16. Industry concentration has increased in the past five years, with Glencore declining at a similar rate to the industry, while Mitsui-Itochu Iron Pty Ltd significantly increased its operations and market share. The low industry concentration reflects the small number of major firms present in the industry, the diverse range of products supplied by industry firms, and the scope available for small participants to service specific geographic markets, such as provincial centres or small towns. Many industry companies service niche markets and regions, while others have exclusive import and export contracts with foreign buyers and domestic firms... purchase to read more