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 construction and building infrastructure. Firms supplying other sectors, including automotive manufacturers and the residential housing market, have generally fared less well.
Industry revenue is expected to increase at an annualised 1.2% over the five years through 2014-15, driven by increased mining investment and high foreign demand over these years. Growth has been constrained by the ongoing trend of wholesale bypass... purchase to read more
Industry Report - Industry Products Chapter
The Metal and Mineral Wholesaling industry derives its revenue from wholesaling metals, minerals and other products. Industry products can be broken down into five main segments: iron and steel, non-ferrous metals, metal ores, coal, and other metal and mineral products.
Iron and steel
Iron and steel wholesaling is the industry's largest activity, reflecting the widespread use of steel in Australia and around the world. The products handled are typically basic shapes such as sheets, strips, slabs, bars, rods, structural steel sections, tubes and ingots. Firms wholesaling these products often offer value-adding services such as cutting to size, drilling or trimming... purchase to read more