There are 35,660 businesses operating in Australia in the metal and engineering sector, with about 19,000 employers. More than 90% of those employers are small, employing less than 20 people.
The sectors of the industry with the biggest number of businesses are the fabricated metal product manufacturing sector (includes structural steel, building products and metal containers), and the machinery and equipment repair and maintenance services sector.
196,000 people work across the three key sectors of the industry: Primary Metal and Metal Product Manufacturing; Fabricated Metal Product Manufacturing; and Machinery and Equipment Repair and Maintenance. This number is expected to drop to 193,000 by November 2020.
Apprenticeship and traineeship commencements in this area are strong.