NAICS Code 423510-48 - Steel Brokers (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
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Looking for more companies? See NAICS 423510 - Metal Service Centers and Other Metal Merchant Wholesalers - 4,229 companies, 46,304 emails.

NAICS Code 423510-48 Description (8-Digit)

Steel Brokers (Wholesale) are companies that act as intermediaries between steel manufacturers and end-users. They purchase large quantities of steel from manufacturers and sell it to other businesses, such as construction companies, metal fabricators, and manufacturers. Steel brokers do not process or fabricate steel, but instead focus on buying and selling it in large quantities. They may also provide additional services such as transportation, storage, and financing.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423510 page

Tools

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

  • Steel measuring tape
  • Steel cutting saw
  • Steel bending machine
  • Steel stamping machine
  • Steel drilling machine
  • Steel welding machine
  • Steel polishing machine
  • Steel grinding machine
  • Steel shearing machine
  • Steel punching machine
  • Steel straightening machine
  • Steel rolling machine
  • Steel slitting machine
  • Steel coil handling equipment
  • Steel lifting equipment
  • Steel storage racks
  • Steel shipping containers
  • Steel strapping tools
  • Steel banding tools
  • Steel wire brushes

Industry Examples of Steel Brokers (Wholesale)

Common products and services typical of NAICS Code 423510-48, illustrating the main business activities and contributions to the market.

  • Steel beams
  • Steel pipes
  • Steel plates
  • Steel coils
  • Steel bars
  • Steel sheets
  • Steel tubing
  • Steel wire
  • Steel mesh
  • Steel rods
  • Steel angles
  • Steel channels
  • Steel fasteners
  • Steel fittings
  • Steel flanges
  • Steel forgings
  • Steel castings
  • Steel forgings
  • Steel forgings
  • Steel forgings

History

A concise historical narrative of NAICS Code 423510-48 covering global milestones and recent developments within the United States.

  • The Steel Brokers (Wholesale) industry has a long history dating back to the early 20th century when steel became a popular material for construction and manufacturing. In the early days, steel brokers acted as intermediaries between steel mills and end-users, helping to match supply with demand. Over time, the industry evolved to include a wider range of services, such as inventory management, logistics, and financing. In recent years, the industry has faced challenges due to increased competition from online marketplaces and changing customer preferences. However, steel brokers have adapted by investing in technology and expanding their product offerings to stay competitive. In the United States, the Steel Brokers (Wholesale) industry has a more recent history, with significant growth occurring in the post-World War II era. During this time, the construction industry boomed, creating a high demand for steel products. Steel brokers played a crucial role in meeting this demand by providing a reliable supply of steel to construction companies and other end-users. In the 21st century, the industry has faced challenges due to increased competition from overseas suppliers and changing customer preferences. However, steel brokers have adapted by expanding their product offerings and investing in technology to improve efficiency and reduce costs.