Wholesale of metals and metal ores

isic code 4662 covers the wholesale of metals and metal ores, a critical industry that plays a vital role in the broader economy. This industry is responsible for the distribution and supply of essential raw materials used in a wide range of manufacturing and construction activities, supporting the development of infrastructure, transportation, and various consumer goods. As a key link in the supply chain, the wholesale of metals and metal ores is integral to the functioning of numerous other industries, making it a crucial component of the global economic landscape.

The wholesale of metals and metal ores involves the procurement, storage, and distribution of a variety of metallic materials, including ferrous and non-ferrous metals, as well as ores and concentrates. Wholesalers in this industry typically source these materials from 0721 Mining of iron ores, 0729 Mining of other non-ferrous metal ores, and other primary producers, and then sell them to manufacturers, construction companies, and other downstream industries.

The main inputs required for the wholesale of metals and metal ores include a diverse range of raw materials, such as iron ore, copper, aluminum, and other metallic resources. Wholesalers also rely on specialized storage and transportation equipment, as well as a robust logistics network, to ensure the efficient movement of these materials from suppliers to customers. Additionally, this industry requires skilled personnel to manage inventory, negotiate contracts, and maintain strong relationships with both suppliers and buyers.

The primary outputs of the wholesale of metals and metal ores industry are the various metallic materials that are distributed to a wide range of other industries, including 2410 Manufacture of basic iron and steel, 2420 Manufacture of basic precious and other non-ferrous metals, 2511 Manufacture of metal structures and parts of structures, and 2599 Manufacture of other fabricated metal products n.e.c.. These materials are essential for the production of a vast array of goods, from construction materials and transportation equipment to consumer electronics and industrial machinery.