NAICS Code 423510-36 - Steel-Distributors & Warehouses (Wholesale)
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NAICS Code 423510-36 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423510-36
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Tools
Tools commonly used in the Steel-Distributors & Warehouses (Wholesale) industry for day-to-day tasks and operations.
- Steel cutting saws
- Steel bending machines
- Steel drilling machines
- Steel welding machines
- Steel shearing machines
- Steel punching machines
- Steel grinding machines
- Steel polishing machines
- Steel marking machines
- Steel measuring tools (calipers, micrometers, etc.)
- Steel lifting equipment (cranes, hoists, etc.)
- Steel storage racks
- Steel transport equipment (forklifts, trucks, etc.)
- Steel cleaning equipment (pressure washers, sandblasters, etc.)
- Steel packaging equipment (strapping machines, wrapping machines, etc.)
- Steel safety equipment (helmets, gloves, safety glasses, etc.)
- Steel testing equipment (tensile testers, hardness testers, etc.)
- Steel surface treatment equipment (painting equipment, galvanizing equipment, etc.)
Industry Examples of Steel-Distributors & Warehouses (Wholesale)
Common products and services typical of NAICS Code 423510-36, illustrating the main business activities and contributions to the market.
- Steel beams
- Steel pipes
- Steel plates
- Steel bars
- Steel coils
- Steel sheets
- Steel wire
- Steel mesh
- Steel tubing
- Steel angles
- Steel channels
- Steel fittings
- Steel fasteners
- Steel forgings
- Steel castings
- Steel forgings
- Steel forgings
- Steel forgings
- Steel forgings
- Steel forgings
Certifications, Compliance and Licenses for NAICS Code 423510-36 - Steel-Distributors & Warehouses (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: Quality management system certification that ensures the company meets customer and regulatory requirements. It is provided by the International Organization for Standardization (ISO).
- OSHA 10-Hour General Industry Training: A safety certification that provides workers with basic knowledge of common workplace hazards and safety procedures. It is provided by the Occupational Safety and Health Administration (OSHA).
- DOT Hazardous Materials Transportation Certification: A certification that allows companies to transport hazardous materials in compliance with the Department of Transportation (DOT) regulations. It is provided by the DOT.
- EPA Stormwater Permit: A permit that regulates stormwater discharges from industrial activities and construction sites. It is provided by the Environmental Protection Agency (EPA).
- ANSI/AISC 205-16: Certification for structural steel fabricators that ensures the company meets quality standards for the fabrication of structural steel. It is provided by the American Institute of Steel Construction (AISC).
History
A concise historical narrative of NAICS Code 423510-36 covering global milestones and recent developments within the United States.
- The "Steel-Distributors & Warehouses (Wholesale)" industry has a long and rich history worldwide. The industrial revolution in the 18th century marked the beginning of the steel industry, and the first steel mill was established in the United States in the 1850s. The industry grew rapidly in the 20th century, with the development of new technologies and the increasing demand for steel in various sectors, including construction, automotive, and manufacturing. In recent years, the industry has faced challenges due to the global economic slowdown, trade tensions, and the COVID-19 pandemic. However, the industry has shown resilience and adaptability, with many companies investing in new technologies and expanding their product offerings to meet the changing needs of their customers. In the United States, the "Steel-Distributors & Warehouses (Wholesale)" industry has a more recent history, with the first steel mill established in the 1850s. The industry grew rapidly in the 20th century, with the development of new technologies and the increasing demand for steel in various sectors, including construction, automotive, and manufacturing. In recent years, the industry has faced challenges due to the global economic slowdown, trade tensions, and the COVID-19 pandemic. However, the industry has shown resilience and adaptability, with many companies investing in new technologies and expanding their product offerings to meet the changing needs of their customers.
Future Outlook for Steel-Distributors & Warehouses (Wholesale)
The anticipated future trajectory of the NAICS 423510-36 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Steel-Distributors & Warehouses (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for steel in various sectors such as construction, automotive, and aerospace. The growth of the construction industry, especially in developing countries, is expected to drive the demand for steel. Additionally, the increasing use of steel in the automotive industry to reduce the weight of vehicles and improve fuel efficiency is expected to boost the demand for steel. The industry is also expected to benefit from the increasing use of steel in the renewable energy sector, particularly in wind turbines. However, the industry may face challenges due to the volatility of steel prices and the increasing competition from imports. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423510-36
Recent groundbreaking advancements and milestones in the Steel-Distributors & Warehouses (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Steel Dynamics Inc. (SDI) announced the construction of a new $1.9 billion steel mill in Sinton, Texas, which is expected to create 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 400 jobs and produce 1.2 million tons of steel annually.
- The Steel Market Development Institute (SMDI) launched a new initiative called "Automotive Performance Steel" to promote the use of advanced high-strength steel (AHSS) in the automotive industry.
- The American Iron and Steel Institute (AISI) launched a new initiative called "The Steel Recycling Institute" to promote the recycling of steel and increase the sustainability of the industry.
- The Steel Manufacturers Association (SMA) launched a new initiative called "The Steel Industry Technology Roadmap" to promote the development of new technologies and improve the efficiency of the industry.
NAICS Code 423510-36 - Steel-Distributors & Warehouses (Wholesale)
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