NAICS Code 331110-06 - Stainless Steel (Manufacturers)

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NAICS Code 331110-06 Description (8-Digit)

Stainless Steel (Manufacturers) is a subdivision of the Iron and Steel Mills and Ferroalloy Manufacturing industry that specializes in the production of stainless steel. Stainless steel is a type of steel that contains at least 10.5% chromium, which gives it its unique corrosion-resistant properties. The manufacturing process involves melting and refining raw materials such as iron, nickel, and chromium, and then casting or rolling the steel into various shapes and sizes. The resulting stainless steel products are used in a wide range of industries, including construction, automotive, aerospace, and food processing.

Hierarchy Navigation for NAICS Code 331110-06

Tools

Tools commonly used in the Stainless Steel (Manufacturers) industry for day-to-day tasks and operations.

  • Rolling mills
  • Casting machines
  • Annealing furnaces
  • Pickling tanks
  • Grinding machines
  • Polishing machines
  • Cutting machines
  • Welding machines
  • Shearing machines
  • Punching machines

Industry Examples of Stainless Steel (Manufacturers)

Common products and services typical of NAICS Code 331110-06, illustrating the main business activities and contributions to the market.

  • Stainless steel pipes
  • Stainless steel sheets
  • Stainless steel bars
  • Stainless steel wire
  • Stainless steel coils
  • Stainless steel fittings
  • Stainless steel valves
  • Stainless steel fasteners
  • Stainless steel kitchenware
  • Stainless steel medical equipment

Certifications, Compliance and Licenses for NAICS Code 331110-06 - Stainless Steel (Manufacturers)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • AS9100: This certification is specific to the aerospace industry and ensures that the company has a quality management system in place that meets aerospace industry standards. It is provided by the International Aerospace Quality Group (IAQG).
  • NADCAP: This certification is specific to the aerospace industry and ensures that the company meets industry standards for special processes such as heat treating, welding, and non-destructive testing. It is provided by the Performance Review Institute (PRI).
  • OSHA: This certification ensures that the company meets safety and health standards set by the Occupational Safety and Health Administration (OSHA).
  • EPA: This certification ensures that the company meets environmental standards set by the Environmental Protection Agency (EPA).

History

A concise historical narrative of NAICS Code 331110-06 covering global milestones and recent developments within the United States.

  • Stainless steel was first discovered in 1913 by Harry Brearley in Sheffield, England. The first stainless steel was called "rustless steel" and was made by adding chromium to molten iron. During World War I, stainless steel was used to make guns, ships, and airplanes. In the 1920s, stainless steel was used in the construction of the Chrysler Building in New York City, which was the tallest building in the world at the time. In the 1950s, the development of the electric arc furnace made it possible to produce stainless steel more efficiently. In the 1970s, the use of stainless steel in the food industry became widespread due to its corrosion resistance and ease of cleaning. In recent years, the demand for stainless steel has increased due to its use in the construction of buildings, bridges, and other infrastructure projects. In the United States, the stainless steel industry began in the early 1900s with the establishment of the American Stainless Steel Corporation in Pittsburgh, Pennsylvania. During World War II, the demand for stainless steel increased due to its use in military equipment. In the 1950s and 1960s, the use of stainless steel in the automotive industry became widespread due to its strength and corrosion resistance. In the 1970s, the use of stainless steel in the construction industry increased due to its durability and aesthetic appeal. In recent years, the demand for stainless steel in the United States has been driven by the growth of the oil and gas industry, as well as the construction of new infrastructure projects such as bridges and highways.

Future Outlook for Stainless Steel (Manufacturers)

The anticipated future trajectory of the NAICS 331110-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Stainless Steel (Manufacturers) industry in the USA is positive. The industry is expected to grow due to the increasing demand for stainless steel in various applications such as construction, automotive, and aerospace. The growth of the construction industry, especially in developing countries, is expected to drive the demand for stainless steel. Additionally, the increasing use of stainless steel in the automotive industry due to its durability and corrosion resistance is expected to boost the industry's growth. The industry is also expected to benefit from the increasing demand for stainless steel in the medical industry due to its hygienic properties. However, the industry may face challenges due to the increasing competition from low-cost producers in countries such as China and India.

Industry Innovations for NAICS Code 331110-06

Recent groundbreaking advancements and milestones in the Stainless Steel (Manufacturers) industry, reflecting notable innovations that have reshaped its landscape.

  • Development Of New Grades Of Stainless Steel: Manufacturers are developing new grades of stainless steel with improved properties such as higher strength, better corrosion resistance, and increased durability. These new grades of stainless steel are being used in various applications such as construction, automotive, and aerospace.
  • Use Of 3D Printing Technology: The use of 3D printing technology is revolutionizing the manufacturing process of stainless steel products. This technology allows manufacturers to produce complex shapes and designs with high precision and accuracy.
  • Adoption Of Industry 4.0 Technologies: The adoption of Industry 4.0 technologies such as automation, artificial intelligence, and the Internet of Things (IoT) is improving the efficiency and productivity of the manufacturing process in the stainless steel industry.
  • Increasing Use Of Recycled Stainless Steel: The increasing use of recycled stainless steel is reducing the industry's environmental impact and promoting sustainability.
  • Development Of New Applications: The development of new applications for stainless steel such as in the renewable energy sector is expected to drive the industry's growth in the future.

NAICS Code 331110-06 - Stainless Steel (Manufacturers)

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