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

• Steel cutting saws
• Plasma cutters
• Welding machines
• Steel bending machines
• Steel rolling machines
• Steel drilling machines
• Steel grinding machines
• Steel polishing machines
• Steel marking machines
• Steel measuring tools (calipers, micrometers, etc.)
• Steel lifting equipment (cranes, hoists, etc.)
• Steel storage equipment (racks, shelves, etc.)
• Steel transportation equipment (trucks, trailers, etc.)
• Steel cleaning equipment (pressure washers, etc.)
• Steel safety equipment (helmets, gloves, etc.)
• Steel packaging equipment (strapping machines, etc.)
• Steel testing equipment (tensile testers, etc.)
• Steel surface treatment equipment (painting, galvanizing, etc.)
• Steel recycling equipment (shredders, balers, etc.)

Common products and services typical of NAICS Code 423510-35, illustrating the main business activities and contributions to the market.

• Steel beams
• Steel plates
• Steel pipes
• Steel tubes
• Steel bars
• Steel sheets
• Steel coils
• Steel wire
• Steel mesh
• Steel gratings
• Steel fasteners
• Steel fittings
• Steel valves
• Steel flanges
• Steel forgings
• Steel castings
• Steel stampings
• Steel profiles
• Steel rails
• Steel chains

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).
• AWS D1.1: This certification is required for companies that weld steel structures and ensures that the welding is done according to the American Welding Society (AWS) standards.
• OSHA 10-Hour Construction Training: This training is required for workers in the construction industry and covers safety and health hazards in the workplace. It is provided by the Occupational Safety and Health Administration (OSHA).
• DOT Hazardous Materials Transportation Certification: This certification is required for companies that transport hazardous materials and ensures that they comply with the Department of Transportation (DOT) regulations.
• EPA Lead Renovation, Repair and Painting (RRP) Certification: This certification is required for companies that work on buildings built before 1978 and ensures that they follow lead-safe work practices. It is provided by the Environmental Protection Agency (EPA).

A concise historical narrative of NAICS Code 423510-35 covering global milestones and recent developments within the United States.

• The "Steel Products (Wholesale)" industry has a long and rich history worldwide. The use of steel dates back to ancient times, but the modern steel industry began in the 19th century with the development of the Bessemer process, which allowed for the mass production of steel. In the early 20th century, the steel industry grew rapidly, driven by the demand for steel in the construction of buildings, bridges, and other infrastructure. During World War II, the steel industry played a crucial role in the war effort, producing steel for tanks, ships, and other military equipment. In recent history, the steel industry has faced challenges such as overcapacity, competition from other materials, and fluctuating demand. In the United States, the industry has been impacted by globalization, automation, and changing consumer preferences. Despite these challenges, the steel industry remains a vital part of the global economy, providing jobs and supporting a wide range of industries.

The anticipated future trajectory of the NAICS 423510-35 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 Steel Products (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for steel products in various sectors such as construction, automotive, and manufacturing. The growth of the construction industry, in particular, is expected to drive the demand for steel products. Additionally, the increasing adoption of advanced technologies such as automation and robotics in the steel manufacturing process is expected to improve the efficiency and productivity of the industry. However, the industry may face challenges such as fluctuating steel prices, increasing competition, and the impact of global economic conditions on the demand for steel products.

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

• Steel Dynamics Inc. announced the construction of a new $1.9 billion steel mill in Sinton, Texas, which is expected to create over 600 jobs and produce 3 million tons of steel annually.
• Nucor Corporation announced the construction of a new $1.7 billion steel plate manufacturing mill in Brandenburg, Kentucky, which is expected to create over 400 jobs and produce 1.2 million tons of steel annually.
• ArcelorMittal announced the development of a new steel product called Fortiform, which is a high-strength steel used in the automotive industry to reduce the weight of vehicles and improve fuel efficiency.
• United States Steel Corporation announced the development of a new sustainable steel product called verdeX, which is made from 100% recycled materials and has a lower carbon footprint compared to traditional steel products.
• AK Steel Holding Corporation announced the development of a new steel product called Nexmet, which is a high-strength steel used in the automotive industry to improve safety and fuel efficiency.