US Metal Service Center Revenues to Reach $165 Billion in 2022

6/20/2018

Cleveland, OH, June 20, 2018 —Revenues of US metal service centers are forecast to total $165 billion in 2022, according to Metal Services: United States, a report recently released by Freedonia Focus Reports. Expanding durable goods output and construction activity will boost demand for primary metal products and support sales.

Metal service center revenues from industrial customers are projected to expand through 2022, remaining the largest market segment. Gains will be driven by an increase in the production of industrial equipment.

These and other key insights are featured in Metal Services: United States. This report forecasts to 2022 the revenues of US metal service centers in nominal US dollars at the wholesale level. Total revenues are segmented by product in terms of:

  • ferrous metals
  • nonferrous metals

Total revenues are also segmented by market as follows:

  • industrial
  • resale
  • construction
  • operations
  • export
  • other markets such as consumer and repair shops

To illustrate historical trends, total revenues and the various segments are provided in annual series from 2007 to 2017.

More information about the report is available at https://www.freedoniafocusreports.com/Metal-Services-United-States-FF95056/.