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NAICS Code 423510-25 Description (8-Digit)

Metals-Base (Wholesale) is a subdivision of the Metal Service Centers and Other Metal Merchant Wholesalers industry. This industry involves the wholesale distribution of base metals such as copper, brass, bronze, zinc, and tin. Companies in this industry purchase base metals from primary producers and sell them to downstream manufacturers and other businesses. Metals-Base (Wholesale) companies may also provide additional services such as cutting, shaping, and processing metals to meet customer specifications.

Hierarchy Navigation for NAICS Code 423510-25

Tools

Tools commonly used in the Metals-Base (Wholesale) industry for day-to-day tasks and operations.

  • Metal shears
  • Metal saws
  • Metal benders
  • Metal stamping machines
  • Metal lathes
  • Metal grinders
  • Metal drills
  • Metal rolling machines
  • Metal welding equipment
  • Metal polishing machines

Industry Examples of Metals-Base (Wholesale)

Common products and services typical of NAICS Code 423510-25, illustrating the main business activities and contributions to the market.

  • Copper tubing
  • Brass fittings
  • Bronze bars
  • Zinc sheets
  • Tin plates
  • Aluminum bronze rods
  • Nickel silver wire
  • Phosphor bronze strips
  • Lead-free solder
  • Magnesium alloys

Certifications, Compliance and Licenses for NAICS Code 423510-25 - Metals-Base (Wholesale)

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 30-Hour General Industry Training: This training program provides workers with information on how to identify, prevent, and respond to workplace hazards. It is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA Lead-Safe Certification: This certification is required for contractors who work on buildings built before 1978 and who disturb lead-based paint. It is provided by the Environmental Protection Agency (EPA).
  • DOT Hazardous Materials Transportation Certification: This certification is required for companies that transport hazardous materials. It is provided by the Department of Transportation (DOT).
  • NIST Calibration Certification: This certification ensures that a company's measuring and testing equipment is accurate and reliable. It is provided by the National Institute of Standards and Technology (NIST).

History

A concise historical narrative of NAICS Code 423510-25 covering global milestones and recent developments within the United States.

  • The Metals-Base (Wholesale) industry has a long and rich history dating back to ancient times when metals were first discovered and used for various purposes. The Bronze Age, which began around 3000 BCE, marked a significant milestone in the history of the industry as it saw the widespread use of copper and bronze for tools, weapons, and other objects. The Iron Age, which followed the Bronze Age, saw the rise of iron as the primary metal used for manufacturing. In the modern era, the industry has seen significant advancements in technology, which have led to the development of new alloys and the increased use of metals in various industries. In the United States, the industry has played a crucial role in the country's economic growth, particularly during the Industrial Revolution, when metals were in high demand for manufacturing and construction. The industry has continued to evolve and adapt to changing market conditions, and today it remains an essential part of the global economy.

Future Outlook for Metals-Base (Wholesale)

The anticipated future trajectory of the NAICS 423510-25 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 Metals-Base (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for metals in various sectors such as construction, automotive, and aerospace. The growth of the construction industry, especially in emerging economies, is expected to drive the demand for metals. Additionally, the increasing demand for lightweight and fuel-efficient vehicles is expected to boost the demand for metals in the automotive industry. The industry is also expected to benefit from the increasing demand for renewable energy sources, which require metals for their production. However, the industry may face challenges such as fluctuating metal prices, increasing competition, and environmental regulations. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423510-25

Recent groundbreaking advancements and milestones in the Metals-Base (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Online Metal Trading Platforms: Online metal trading platforms have emerged in recent years, allowing buyers and sellers to trade metals online. These platforms offer a more efficient and transparent way of trading metals, reducing the need for intermediaries and lowering transaction costs.
  • 3D Printing Of Metal Parts: 3D printing technology has advanced to the point where it is now possible to print metal parts. This technology has the potential to revolutionize the manufacturing industry, allowing for the production of complex metal parts with greater precision and at a lower cost.
  • Use Of Artificial Intelligence In Metal Processing: Artificial intelligence is being used in the metal processing industry to optimize production processes, reduce waste, and improve quality control. This technology has the potential to increase efficiency and reduce costs in the industry.
  • Recycling Of Metals: The recycling of metals has become increasingly important in recent years due to the environmental impact of mining and the limited availability of some metals. The industry has developed new technologies to improve the efficiency of metal recycling, reducing waste and conserving resources.
  • Use Of Blockchain Technology In Metal Trading: Blockchain technology is being used in the metal trading industry to improve transparency and reduce the risk of fraud. This technology allows for the secure and transparent tracking of metal transactions, reducing the need for intermediaries and increasing efficiency.

NAICS Code 423510-25 - Metals-Base (Wholesale)

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