basic material
Fundamental building block
Basic material refers to raw or fundamental substances used in manufacturing and construction—metals, chemicals, lumber, concrete.
In investing, the basic materials sector includes companies that extract, process, or supply these commodities: Mining and steel stocks are in the basic materials category.
The term distinguishes primary inputs from finished goods.
- woodTree-derived building material
- steelCarbon-hardened iron alloy
- sheet metalThin flat industrial panels
- iron oreExtractable metallic mineral deposit
- fabricWoven or knit material
cotton fabric · flour · stone · building block · plastic · glass · water · copper · rubber · sand · clay · natural resource · elements · fundamentals · first principles · premises · ground floor · textiles
basic materialfinished goods
Manufactured items ready for sale
finished product · end product · final product · consumer product
basic materialadvanced technology
Sophisticated modern developments
complex system · precision instrument · composite material · specialized equipment
basic, basically, basics, base, based, basing, bases, basal, material