Metal Wholesaling in the US industry analysis

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Industry Statistics and Trends

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Metal Wholesaling in the US

Industry Revenue

Total value and annual change from . Includes 5-year outlook.

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Trends and Insights

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Market size is projected to over the next five years.

Trends and Insights

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Market share concentration for the Metal Wholesaling industry in the US is , which means the top four companies generate of industry revenue.

The average concentration in the sector in the United States is .

Trends and Insights

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Metal Wholesaling in the US

Products & Services Segmentation

Industry revenue broken down by key product and services lines.

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Table of Contents

About this industry

Industry definition

What's included in this industry?

Companies

Industry Code

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Related Industries

Domestic industries

Competitors

Complementors

International Industries

Performance

insights

charts

Key Takeaways

insights available

Revenue Highlights

Trends

Employment Highlights

Trends

Business Highlights

Trends

Profit Highlights

Trends

Current Performance

Charts

Analysis

What's driving current industry performance in the Metal Wholesaling in the US industry?

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insights available

Outlook

Analysis

What's driving the Metal Wholesaling in the US industry outlook?

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insights available

Volatility

Analysis

What influences volatility in the Metal Wholesaling in the US industry?

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insights available

Charts

• Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Metal Wholesaling in the US industry?

Charts

• Industry Life Cycle Matrix

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insights available

Products and Markets

insights

charts

Highlights

Trends

Key Takeaways

insights available

Products and Services

Charts

• Products and Services Segmentation

Analysis

How are the Metal Wholesaling in the US industry's products and services performing?

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insights available

Analysis

What are innovations in the Metal Wholesaling in the US industry's products and services?

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insights available

Major Markets

Charts

• Major Market Segmentation

Analysis

What influences demand in the Metal Wholesaling in the US industry?

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insights available

International Trade

Heat maps

• Industry Concentration of Imports by Country
• Industry Concentration of Exports by Country
• Industry Trade Balance by Country

Analysis

What are the import trends in the Metal Wholesaling in the US industry?

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insights available

Analysis

What are the export trends in the Metal Wholesaling in the US industry?

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insights available

Geographic Breakdown

insights

charts

Key Takeaways

insights available

Business Locations

Heat maps

• Share of Total Industry Establishments by Region (
  )

Data Tables

• Number of Establishments by Region (
  )

Charts

• Share of Establishments vs. Population of Each Region

Analysis

What regions are businesses in the Metal Wholesaling in the US industry located?

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insights available

Competitive Forces

insights

charts

Highlights

Trends

Key Takeaways

insights available

Concentration

Charts

• Combined Market Share of the Four Largest Companies in This Industry (
  )
• Share of Total Enterprises by Employment Size

Analysis

What impacts market share in the Metal Wholesaling in the US industry?

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insights available

Barriers to Entry

Charts

Analysis

What challenges do potential entrants in the Metal Wholesaling in the US industry?

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insights available

Substitutes

Analysis

What are substitutes in the Metal Wholesaling in the US industry?

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insights available

Buyer and Supplier Power

Charts

• Upstream Buyers and Downstream Suppliers in the Metal Wholesaling in the US industry

Analysis

What power do buyers and suppliers have over the Metal Wholesaling industry in the US?

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insights available

Companies

insights

charts

data table

Key Takeaways

insights available

Market Share

Charts

Companies

Data Tables

Top companies by market share:

• Market share

• Revenue

• Profit

• Profit Margin

  If you want to learn more, please visit our website Hot Selling Steel.

Company Snapshots

Company details, summary, charts and analysis available for

Company Details

• Total revenue
• Total operating income
• Total employees
• Industry market share

Company Summary

• Description
• Brands and trading names
• Other industries

Analysis

What's influencing the company's performance?

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insights available

External Environment

insights

charts

Highlights

Trends

Key Takeaways

insights available

External Drivers

Charts

Analysis

What demographic and macroeconomic factors impact the Metal Wholesaling in the US industry?

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insights available

Regulation and Policy

Analysis

What regulations impact the Metal Wholesaling in the US industry?

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insights available

Assistance

Analysis

What assistance is available to the Metal Wholesaling in the US industry?

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insights available

Financial Benchmarks

insights

charts

data tables

Highlights

Trends

Key Takeaways

insights available

Cost Structure

Charts

• Share of Economy vs. Investment Matrix
• Industry Cost Structure Benchmarks:
  • Marketing
  • Depreciation
  • Profit
  • Purchases
  • Wages
  • Rent
  • Utilities
  • Other

Analysis

What trends impact cost in the Metal Wholesaling in the US industry?

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insights available

Financial Ratios

Charts

• 3-4 Industry Multiples (-)
• 15-20 Income Statement Line Items (-)
• 20-30 Balance Sheet Line Items (-)
• 7-10 Liquidity Ratios (-)
• 1-5 Coverage Ratios (-)
• 3-4 Leverage Ratios (-)
• 3-5 Operating Ratios (-)
• 5 Cash Flow and Debt Service Ratios (-)
• 1 Tax Structure Ratio (-)

Key Ratios

Data tables

• IVA/Revenue (
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• Imports/Demand (
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• Exports/Revenue (
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• Revenue per Employee (
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• Wages/Revenue (
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• Employees per Establishment (
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• Average Wage (
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Key Statistics

2 data tables

Industry Data

Data Tables

Including values and annual change:

• Revenue (
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• IVA (
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• Establishments (
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• Enterprises (
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• Employment (
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• Exports (
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• Imports (
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• Wages (
  )

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Frequently Asked Questions

What is the market size of the Metal Wholesaling industry in the US?

The market size of the Metal Wholesaling industry in the US is measured at in .

How fast is the Metal Wholesaling in the US market projected to grow in the future?

Over the next five years, the Metal Wholesaling in the US market is expected to . See purchase options to view the full report and get access to IBISWorld's forecast for the Metal Wholesaling in the US from up to .

What factors are influencing the Metal Wholesaling industry in the US market trends?

Key drivers of the Metal Wholesaling in the US market include .

What are the main product lines for the Metal Wholesaling in the US market?

The Metal Wholesaling in the US market offers products and services including .

Which companies are the largest players in the Metal Wholesaling industry in the US?

Top companies in the Metal Wholesaling industry in the US, based on the revenue generated within the industry, includes .

How many people are employed in the Metal Wholesaling industry in the US?

The Metal Wholesaling industry in the US has employees in United States in .

How concentrated is the Metal Wholesaling market in the United States?

Market share concentration is for the Metal Wholesaling industry in the US, with the top four companies generating of market revenue in United States in . The level of competition is overall, but is highest among smaller industry players.

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.

BUYER&#;S GUIDE

The Definitive Guide To Finding Steel Suppliers in China

If you&#;re in the market for steel suppliers, you&#;re likely to find yourself doing a lot of research. After all, sourcing high-quality steel from a reputable supplier is essential to guaranteeing the success of your business. But with so many options available, how do you choose the right steel supplier for your needs?

Finding the right steel supplier in China can be a daunting task, but it&#;s one that&#;s well worth the effort. With its vast resources and manufacturing capability, China is one of the most popular destinations for companies looking for steel suppliers.

In this article, we&#;ll provide an overview of what to look for when choosing a steel supplier, as well as some tips on how to get the best deal possible. So whether you&#;re just starting out or you&#;ve been in business for years, read on for everything you need to know about sourcing steel from China.

1. Basics: Steel Suppliers in China

Steel suppliers in China play a vital role in the country&#;s construction, metal distribution, and manufacturing industries. By supplying specialty metals and steel to businesses and factories, steel suppliers help to keep China&#;s economy moving.

Steel is used in a wide range of applications, from buildings and bridges to automobiles and ships. As a result, steel suppliers must be able to stock and meet customer satisfaction. Fortunately, steel suppliers in China are up to the task.

Chinese steel suppliers have developed a reputation for offering low-quality metal types and steel at low prices. So, it&#;s important to do your research and make sure you&#;re getting the best possible product for your needs when you buy metal online.

Here&#;s a quick preview of how steel is made in China:

2. Evolution of Steel Manufacturing Industry in China

The steel manufacturing industry in China has seen continuous improvement in recent years. This is due to the Chinese government&#;s efforts to promote the steel industry, as well as the growing demand for steel plate and metal products from the country&#;s booming economy.

The steel manufacturing industry in China originated in the early 20th century. At that time, the country had a very small steel production capacity, and most of the steel produced were used for military purposes.

In , the Chinese government nationalized the full line of the stainless steel industry and began to invest heavily in the sector. The country&#;s first steel mill was built in , and by , China was producing about 1 million tons of steel per year.

Since then, the steel manufacturing industry in China has grown rapidly. The country&#;s steel production capacity has expanded to aluminum, copper, and metals significantly, and it is now the world&#;s largest steel producer.

In , China produced 822 million tons of steel, which is more than three times the amount of steel produced in the United States.

3. The Pros and Cons of Choosing a Steel Suppliers in China

When it comes to steel wholesale, China is arguably the world&#;s leading producer. This has made it a popular destination for steel suppliers. However, there are pros and cons to choosing a steel supplier in China.

ProsConsLower pricesLanguage barriersWide range of productsTime differencesHigh qualityShipping costsGood customer serviceQuality control

The pros of choosing a steel supplier in China include:

• Lower prices: Due to the high volume of steel production in China, steel suppliers are able to offer lower prices.
• A wide range of products: Metal steel distributors in China supply or offer a wide range of products, giving you more options to choose from.
• High quality: Steel suppliers in China are known for their high-quality products.
• Good customer service: Many steel suppliers in China offer good customer services, which can be helpful if you have questions or concerns.

The cons of choosing a steel supplier in China include:

• Language barriers: There may be language barriers when dealing with steel suppliers in China. This can make communication difficult.
• Time differences: The time difference between China and your location can make it difficult to get in touch with steel suppliers.
• Shipping costs: Shipping costs from China can be high, depending on the supplier.
• Quality control: Quality control may be an issue when dealing with steel suppliers in China. This is because some steel suppliers may not have strict quality control measures in place.

Overall, the pros and cons of choosing a steel bulk supplier in China should be considered before making a decision. There are many steel products wholesale suppliers in China to choose from, so it is important to do your research to find the right one for you.

4. How to Negotiate with a Chinese Steel Supplier

If you&#;re looking to source steel products supplier from China, you&#;ll need to be prepared to negotiate with suppliers. Here are a few tips to help you get the best deal:

Know What You Want

Before you start negotiating, make sure you know exactly what you need steel for and what specifications it should meet. This will help you narrow down your options and make it easier to find a steel metal supplier that can meet your needs.

Ask for Pricing Based on Quantity Tiers

Chinese steel suppliers will typically quote a price based on the quantity you&#;re ordering. It&#;s important to ask for pricing based on quantity tiers, so you can get a better idea of how prices change as you order more steel.

Use Your Product Knowledge as an Advantage

If you&#;re knowledgeable about steel and steel products, you can use this to your advantage when negotiating with suppliers. Use your product knowledge to get the best possible price for your steel.

Be Professional and Polite

Remember that you&#;re dealing with another business, so it&#;s important to be professional and polite when negotiating with steel suppliers. Be clear about what you want, and be respectful of the supplier&#;s time and resources.

Be Prepared to Walk Away

If a supplier isn&#;t willing to meet your needs, be prepared to walk away from the deal. There are plenty of rolled steel suppliers in China, so don&#;t be afraid to shop around until you find one that&#;s willing to give you the steel you need at a price you&#;re happy with.

By following these tips, you&#;ll be better prepared to negotiate with steel suppliers in China. By getting the best possible price for your steel, you can save money and ensure that your business is a success.

5. Cost Associated When Dealing With Steel Suppliers in China

Steel is one of the most commonly used materials in the manufacturing and construction industries. As a result, steel suppliers are in high demand, and companies often need to carefully consider the cost associated with working with these suppliers.

Having said that, here are the costs associated with working with steel suppliers in China that you should take into account:

Cost of the Steel

This will be the biggest cost associated with working with steel suppliers in China. Steel prices can fluctuate greatly, so it&#;s important to stay up to date on the latest prices. The price may also vary depending on the steel types (e.g., steel, steel, steel, steel, steel, 316 steel).

Cost of Transportation

If you&#;re importing steel from China, you&#;ll need to factor in the cost of transportation. This can be significant depending on the size and quantity of steel you&#;re importing.

Tariffs and Duties

When importing steel from China, you may be subject to tariffs and duties. These fees can vary depending on the country you&#;re importing into, so it&#;s important to check with your customs department beforehand.

Cost of Inspection

If you&#;re importing steel from China, you&#;ll need to factor in the cost of the inspection. This is important to ensure that the steel meets your quality standards.

Insurance Costs

When working with steel suppliers in China, you&#;ll need to insure your shipment. This is to protect your investment in case of any damages during transit.

By taking into account all of these costs, you can be sure that you&#;re getting the best possible price for your steel order. Contact us at Steelance if you&#;re looking for steel suppliers in China. We can help you find the best possible price for your steel needs.

6. 4 Mistakes People Make When Choosing A Steel Supplier

When it comes to steel, there are a lot of different options and suppliers out there. It can be difficult to know who to trust or where to even start looking. Here are 4 mistakes people often make when choosing a steel supplier:

#1 Not Doing Their Research

Steel suppliers can be found all over the internet, from online directories to supplier review websites. It is important to do your research before selecting metal vendors. This includes reviewing their website, checking out reviews from other customers, and contacting them to ask any questions you may have.

#2 Choosing the Cheapest Steel Supplier

One of the biggest mistakes people make when choosing a metal steel supplier is opting for the cheapest option. This can often mean sacrificing quality or service. It is important to find a balance between price and quality when selecting a steel supplier.

#3 Not Asking For a Sample

When you are looking at steel suppliers, it is important to ask for a sample of their metal and steel supply. This will allow you to see the quality of their steel and decide if it is right for your project.

#4 Not Considering Location

Location is another important factor to consider when choosing a steel supplier. You will want to consider the shipping costs and lead times associated with each supplier. Choose a steel supplier that is located close to you to avoid high shipping costs and long lead times.

Now that you know what mistakes to avoid when choosing a steel supplier, you can be sure to find the right one for your business. Steel suppliers can be found all over the internet, so be sure to do your research and ask for a sample before making your final decision.

7. 5 Things To Look For In A Good Steel Supplier

As a steel buyer, you want to be confident that the steel supplier you choose will be able to meet your needs both in terms of quality and quantity. Here are 5 things to look for in a good steel supplier:

#1 Reliable Track Record

A steel supplier&#;s reliability is one of the most important factors to consider when making a purchase. A supplier with a good track record will be able to consistently deliver high-quality steel products on time. Ask the supplier for references from past customers to get a sense of their track record.

#2 Strong Manufacturing Capabilities

When evaluating metal material suppliers, it&#;s important to consider their manufacturing capabilities. A supplier with strong manufacturing capabilities will be able to produce the steel products you need in a timely and efficient manner. Ask the supplier for information about their manufacturing process to get a sense of their capabilities.

#3 Competitive Pricing

Pricing is always an important consideration when choosing a steel supplier. You want to be sure that you&#;re getting a competitive price for the products you need. Be sure to get quotes from multiple suppliers before making a decision.

#4 Excellent Customer Service

Good customer service is essential when working with any type of supplier. You want to be sure that you&#;re working with a steel supplier who is responsive to your needs and questions. Be sure to ask around for references and read online reviews to get a sense of a steel supplier&#;s customer service.

#5 Wide Selection of Products

When choosing a steel supplier, you want to be sure that they have a wide selection of products to choose from. A good steel supplier will have a variety of steel products available in different grades and sizes. This will give you the flexibility to find the right product for your needs.

By following these tips, you can be sure that you&#;ll find a steel supplier that meets all of your needs.

8. 4 Questions To Ask Yourself When Choosing A Steel Supplier 

When it comes to steel suppliers, there are a lot of choices out there. And while it&#;s important to choose a supplier that can meet your needs, it&#;s also important to make sure you&#;re getting the best possible quality and service.

Here are 4 questions to ask yourself when choosing a steel supplier:

#1 What Is the Steel Supplier&#;s Reputation?

This is one of the most important things to consider when choosing a steel supplier. You want to make sure you&#;re working with a reputable company that has a good track record.

#2 What Are the Steel Supplier&#;s Prices?

Of course, you&#;ll want to compare prices when choosing a steel supplier. But be sure to compare apples to apples &#; make sure you&#;re comparing the same quality of steel and the same type of service.

#3 What Is the Steel Supplier&#;s Delivery Time?

Make sure you know how long it will take for your steel to arrive once you place your order. You don&#;t want to be left waiting for weeks or even months!

#4 What Is the Steel Supplier&#;s Warranty Like?

It&#;s important to choose a steel supplier that offers a good warranty. This will protect you in case there are any problems with the quality of the steel.

Answering these questions will help you narrow down your choices and find the best steel supplier for your business needs.

9. 4 Tips For Selecting A Reliable Steel Supplier

When looking for a steel supplier, it is important to select a reliable and trustworthy company. Here are 4 tips for selecting a steel supplier:

#1 Ask for Referrals From Other Businesses

If you&#;re looking for a steel supplier, it&#;s important to find a reliable and trustworthy company. One way to find a reputable steel supplier is to ask for referrals from other businesses. Other businesses have likely worked with steel suppliers in the past and can recommend a good supplier for your needs.

#2 Research Steel Supplier Companies Online

Another way to find a steel supplier is to research steel supplier companies online. You can use search engines like Google or Bing to find steel suppliers in your area. Once you&#;ve found a few potential suppliers, take some time to read online reviews from other customers.

#3 Ask for Samples

When you&#;re considering working with a steel supplier, be sure to ask for samples of their products. This will allow you to see the quality of their steel before committing to working with them. Once you&#;ve received samples, take some time to examine them closely to ensure they meet your standards.

#4 Compare Prices

Finally, when you&#;re ready to select a steel supplier, it&#;s important to compare prices. Be sure to get quotes from multiple suppliers so that you can find the best deal. When comparing prices, be sure to consider the quality of the steel as well as the delivery time.

Looking for a steel supplier in China can be a daunting task, but following these tips can help you find a reputable and reliable company. This way, you can be sure you&#;re getting the best steel for your needs.

10. Conclusion

China is the world&#;s largest steel producer and steel exporter. It is also one of the most popular destinations for steel buyers and steel suppliers. So, finding steel suppliers in China can be a great way to get the steel you need at a good price.

If you&#;re looking for steel suppliers or manufacturers in China, contact us at Steelance. We are a professional steel manufacturer based in China, with years of experience in the steel industry. We can help you source the steel you need from China and provide you with competitive prices. Get started today!

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