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 Analysis Chapter
Increased mining investment has benefited the industry over the five years through 2014-15. Supply and demand for a range of metals, minerals and steel products generally increased over the period, reflecting higher downstream investment in domestic resource projects and associated infrastructure, such as railways and ports. Foreign demand for metals and minerals has also been high. Additionally, the remote location of many resource projects has 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