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Metal Wholesaling in Canada - Industry Market Research Report

  • ID: 3941575
  • Report
  • June 2019
  • Region: Canada
  • 35 pages
  • IBISWorld
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Heavy metal: A rise in the price of steel is anticipated to facilitate industry revenue growth

FEATURED COMPANIES

  • Russel Metals Inc.
  • Samuel
  • Son & Co. Limited
  • MORE

Metal Wholesaling in Canada

The Metal Wholesaling industry in Canada distributes metals and metal products to a variety of markets that use these products as inputs into their operations. Three manufacturing subsectors comprise the bulk of demand for metals, which include machinery manufacturers, fabricated metal product manufacturers and transportation equipment manufacturers, and demand from these segments has been mixed over the five years to 2019. During the period, industry performance has been highly volatile in response to sharp fluctuations in the price of steel. Industry volatility has also been influenced by the fluctuating prices of oil and natural gas. Performance during the reporting period has been subject to considerable volatility in response to fluctuating steel prices. Global steel overcapacity alongside falling demand from oil and gas markets led to sharp declines in steel prices and industry revenue fell accordingly. Over the five years to 2024, the author estimates industry revenue to increase. While manufacturing growth is forecast to slow, commodity prices will be relatively stronger than they were during the first half of the previous reporting period.

Operators in this industry distribute primary metals and metal products to end markets. The majority of products distributed are ferrous, although the industry also distributes aluminum and other nonferrous metals. Operators may also perform functions such as sawing and cleaning on a custom basis and as part of the distribution service. The distribution of precious metals such as gold, silver and platinum is excluded from this industry’s operations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Russel Metals Inc.
  • Samuel
  • Son & Co. Limited
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Samuel
  • Son & Co. Limited
  • Russel Metals Inc.
Note: Product cover images may vary from those shown
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