Wholesale of metals and metal ores

NACE code 46.72 covers the wholesale of metals and metal ores, a critical industry that plays a vital role in the broader economy. As a key supplier of raw materials, this industry supports a wide range of manufacturing and construction activities, enabling the production of essential goods and infrastructure. The wholesale of metals and metal ores is a fundamental component of global supply chains, facilitating the flow of essential resources across industries and regions.

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 metal ores. Wholesalers in this industry typically source these materials from mining operations, smelters, and other primary producers, and then sell them to manufacturers, construction firms, and other downstream users. The main techniques employed in this industry include inventory management, logistics coordination, and order fulfillment to ensure the timely and efficient delivery of metal products to customers.

The primary 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, such as warehouses, trucks, and cargo ships, to handle and move these heavy and often bulky materials. Additionally, this industry requires a skilled workforce capable of managing complex supply chain operations and navigating the regulatory environment surrounding the trade of metals and metal ores.

The outputs of the wholesale of metals and metal ores industry are the various metal products and ores that are distributed to other industries. These materials are then used as inputs for a wide range of manufacturing processes, including the production of 25.11 Manufacture of metal structures and parts of structures, 25.50 Forging, pressing, stamping and roll-forming of metal; powder metallurgy, and 28.11 Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. The wholesale of metals and metal ores also supports the construction industry, providing the raw materials necessary for the 41.20 Construction of residential and non-residential buildings and 42.11 Construction of roads and motorways sectors.