NAICS Code 331513-04 - Foundries-Steel (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 331513-04 Description (8-Digit)

Foundries-Steel (Manufacturing) is a subdivision of the Steel Foundries (except Investment) (Manufacturing) industry under NAICS Code 331513. This industry involves the manufacturing of steel castings by pouring molten steel into molds. The molds are made by using patterns made of wood, metal, or plastic. Foundries-Steel (Manufacturing) is a highly specialized industry that requires skilled workers and advanced technology to produce high-quality steel castings.

Hierarchy Navigation for NAICS Code 331513-04

Tools

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

  • Furnaces
  • Ladles
  • Molds
  • Patterns
  • Core boxes
  • Sand mixers
  • Shot blasting machines
  • Grinding machines
  • Heat treatment equipment
  • Spectrometers

Industry Examples of Foundries-Steel (Manufacturing)

Common products and services typical of NAICS Code 331513-04, illustrating the main business activities and contributions to the market.

  • Steel valves
  • Steel gears
  • Steel fittings
  • Steel pump parts
  • Steel engine blocks
  • Steel turbine blades
  • Steel impellers
  • Steel railroad parts
  • Steel mining equipment parts
  • Steel construction equipment parts

Certifications, Compliance and Licenses for NAICS Code 331513-04 - Foundries-Steel (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 1910.119: This regulation requires companies to have a process safety management program in place to prevent or minimize the consequences of catastrophic releases of toxic, reactive, flammable, or explosive chemicals. It is provided by the Occupational Safety and Health Administration (OSHA).
  • NADCAP: This accreditation program ensures that companies in the aerospace and defense industries meet specific technical requirements and industry standards. It is provided by the Performance Review Institute (PRI).
  • ASME Boiler and Pressure Vessel Code: This code sets safety standards for the design, fabrication, and inspection of boilers and pressure vessels. It is provided by the American Society of Mechanical Engineers (ASME).
  • AWS D1.1: This code sets standards for the welding of structural steel. It is provided by the American Welding Society (AWS).

History

A concise historical narrative of NAICS Code 331513-04 covering global milestones and recent developments within the United States.

  • The "Foundries-Steel (Manufacturing)" industry has a long and rich history dating back to the 19th century. The first steel foundry was established in the United States in 1865, and by the early 1900s, the industry had grown significantly. During World War II, the industry experienced a surge in demand due to the need for steel for military equipment and infrastructure. In the post-war period, the industry continued to grow, with advancements in technology leading to increased efficiency and productivity. In recent years, the industry has faced challenges due to increased competition from foreign manufacturers and fluctuations in demand for steel products. In the United States, the "Foundries-Steel (Manufacturing)" industry has a more recent history, with significant growth occurring in the mid-20th century. The industry experienced a decline in the 1980s due to increased competition from foreign manufacturers and a shift towards other materials such as aluminum and plastics. However, the industry has remained an important part of the US manufacturing sector, with advancements in technology and increased demand for steel products driving growth in recent years.

Future Outlook for Foundries-Steel (Manufacturing)

The anticipated future trajectory of the NAICS 331513-04 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 Foundries-Steel (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for 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 foreign manufacturers and the volatility of raw material prices. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 331513-04

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

  • Use of 3D printing technology to produce complex steel parts with high precision and accuracy.
  • Development of new alloys with improved strength, durability, and corrosion resistance.
  • Implementation of automation and robotics in the manufacturing process to increase efficiency and reduce labor costs.
  • Use of artificial intelligence and machine learning to optimize the manufacturing process and improve product quality.
  • Adoption of sustainable manufacturing practices to reduce the environmental impact of the industry.

NAICS Code 331513-04 - Foundries-Steel (Manufacturing)

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