NAICS Code 331420-08 - Iron Sheet Rod & Tube (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 331420-08 Description (8-Digit)

Iron Sheet Rod & Tube Manufacturing involves the production of iron sheets, rods, and tubes through various processes such as rolling, drawing, and extruding. These products are used in a wide range of industries including construction, automotive, and manufacturing.

Hierarchy Navigation for NAICS Code 331420-08

Tools

Tools commonly used in the Iron Sheet Rod & Tube (Manufacturing) industry for day-to-day tasks and operations.

  • Rolling mills
  • Drawing machines
  • Extrusion presses
  • Shearing machines
  • Punching machines
  • Bending machines
  • Welding machines
  • Cutting machines
  • Grinding machines
  • Annealing furnaces

Industry Examples of Iron Sheet Rod & Tube (Manufacturing)

Common products and services typical of NAICS Code 331420-08, illustrating the main business activities and contributions to the market.

  • Steel tubing
  • Iron rods
  • Sheet metal
  • Iron pipes
  • Steel bars
  • Iron tubes
  • Metal sheets
  • Steel plates
  • Iron beams
  • Metal coils

Certifications, Compliance and Licenses for NAICS Code 331420-08 - Iron Sheet Rod & Tube (Manufacturing)

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).
  • OSHA 10-Hour General Industry Training: This training program provides workers with an understanding of common safety and health hazards in the workplace. It is provided by the Occupational Safety and Health Administration (OSHA).
  • AWS D1.1 Structural Welding Code: This certification ensures that the company has the necessary knowledge and skills to perform structural welding. It is provided by the American Welding Society (AWS).
  • ASME Boiler and Pressure Vessel Code: This certification ensures that the company has the necessary knowledge and skills to design, fabricate, and inspect boilers and pressure vessels. It is provided by the American Society of Mechanical Engineers (ASME).
  • NADCAP Heat Treating: This certification ensures that the company has the necessary equipment, processes, and personnel to perform heat treating operations. It is provided by the Performance Review Institute (PRI).

History

A concise historical narrative of NAICS Code 331420-08 covering global milestones and recent developments within the United States.

  • The Iron Sheet Rod & Tube Manufacturing industry has a long history dating back to the 19th century. The industry has undergone significant changes over the years, with the introduction of new technologies and production methods. In the early days, the industry was characterized by manual labor and small-scale production. However, with the advent of the Industrial Revolution, the industry underwent a transformation, with the introduction of new machinery and production methods. In the United States, the industry experienced significant growth during the post-World War II period, driven by increased demand for steel products. In recent years, the industry has faced challenges due to increased competition from foreign manufacturers and changing consumer preferences.

Future Outlook for Iron Sheet Rod & Tube (Manufacturing)

The anticipated future trajectory of the NAICS 331420-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Iron Sheet Rod & Tube Manufacturing industry in the USA is positive. The industry is expected to grow at a steady pace due to the increasing demand for iron and steel products in various sectors such as construction, automotive, and aerospace. The industry is also expected to benefit from the growing trend of using lightweight materials in the automotive and aerospace industries. However, the industry may face challenges due to the increasing competition from imports and the volatility of raw material prices. Overall, the industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 331420-08

Recent groundbreaking advancements and milestones in the Iron Sheet Rod & Tube (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Advanced Manufacturing Technologies: The industry has been adopting advanced manufacturing technologies such as automation, robotics, and artificial intelligence to improve efficiency and reduce costs.
  • New Product Development: The industry has been developing new products such as high-strength steel and lightweight alloys to meet the changing demands of various sectors.
  • Sustainable Manufacturing Practices: The industry has been adopting sustainable manufacturing practices such as recycling and reducing waste to minimize the environmental impact of its operations.
  • Industry Consolidation: The industry has been witnessing consolidation as smaller players are being acquired by larger companies to improve their market position and competitiveness.
  • Strategic Partnerships: The industry has been forming strategic partnerships with other companies to share expertise and resources and to develop new products and technologies.

NAICS Code 331420-08 - Iron Sheet Rod & Tube (Manufacturing)

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