NAICS Code 423930-11 - Metal Buyers (Wholesale)

Marketing Level - NAICS 8-Digit

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Contact Emails: 81
Company Websites: 15
Phone Numbers: 20
Business Addresses: 23
Companies with Email: 13
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NAICS CODE 423930-11
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NAICS Code 423930-11 Description (8-Digit)

Metal Buyers (Wholesale) are companies that purchase scrap metal from various sources and sell it to other businesses that process and recycle the metal. They typically buy metal from individuals, businesses, and government agencies that have metal waste or surplus metal materials. Metal Buyers (Wholesale) are responsible for sorting, grading, and processing the metal before selling it to their customers. They may also provide transportation services to pick up the metal from the seller's location.

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 423930 page

Tools

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

  • Metal shears
  • Wire strippers
  • Magnetometers
  • Scales
  • Grapples
  • Forklifts
  • Cranes
  • Balers
  • Shredders
  • Torch cutters
  • Hydraulic presses
  • Metal analyzers
  • Metal detectors
  • Sorting machines
  • Conveyor belts
  • Dumpsters
  • Trucks
  • Trailers
  • Pallet jacks

Industry Examples of Metal Buyers (Wholesale)

Common products and services typical of NAICS Code 423930-11, illustrating the main business activities and contributions to the market.

  • Copper wire
  • Aluminum cans
  • Brass fixtures
  • Stainless steel sinks
  • Iron pipes
  • Lead batteries
  • Zinc sheets
  • Nickel alloys
  • Titanium scrap
  • Gold-plated circuit boards
  • Silver coins
  • Platinum jewelry
  • Bronze statues
  • Tin cans
  • Magnesium castings
  • Cobalt powders
  • Tungsten carbide inserts
  • Palladium catalysts
  • Rhodium wire

History

A concise historical narrative of NAICS Code 423930-11 covering global milestones and recent developments within the United States.

  • The "Metal Buyers (Wholesale)" industry has a long history dating back to the Bronze Age when copper and tin were first combined to create bronze. The industry has since grown and evolved, with notable advancements including the development of new alloys and the use of metal in various industries such as construction, transportation, and electronics. In the United States, the industry saw significant growth during World War II when metal was in high demand for military purposes. In recent years, the industry has faced challenges such as fluctuating metal prices and increased competition from overseas markets. However, advancements in technology and the growing demand for sustainable materials have created new opportunities for the industry to thrive.