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

• Magnetic lifters
• Plasma cutters
• Angle grinders
• Welding machines
• Hydraulic shears
• Band saws
• Forklifts
• Cranes
• Metal detectors
• Steel shot blasters

Common products and services typical of NAICS Code 423930-23, illustrating the main business activities and contributions to the market.

• Steel fabrication companies
• Construction companies
• Manufacturing companies
• Transportation companies
• Oil and gas companies
• Mining companies
• Agriculture equipment manufacturers
• Shipbuilding companies
• Infrastructure development companies
• Steel recycling companies

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 10-Hour General Industry Training: This certification provides training on workplace safety and health hazards. It is provided by the Occupational Safety and Health Administration (OSHA).
• EPA ID Number: This is a unique identification number assigned to facilities that generate hazardous waste. It is required 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 Handbook 44: This handbook provides specifications, tolerances, and other technical requirements for weighing and measuring devices used in commercial transactions. It is provided by the National Institute of Standards and Technology (NIST).

A concise historical narrative of NAICS Code 423930-23 covering global milestones and recent developments within the United States.

• The "Steel-Used (Wholesale)" industry has a long history dating back to the early 20th century when steel became a popular material for construction and manufacturing. During World War II, the demand for steel increased significantly, leading to the growth of the industry. In the 1960s and 1970s, the industry experienced a decline due to the rise of alternative materials such as aluminum and plastics. However, in recent years, the industry has seen a resurgence due to the increased demand for recycled steel and the growth of the construction and manufacturing sectors. In the United States, the industry has been impacted by the tariffs on steel imports imposed by the Trump administration in 2018, which led to an increase in domestic steel production and prices. Despite this, the industry has continued to grow due to the increasing demand for sustainable and eco-friendly materials.

The anticipated future trajectory of the NAICS 423930-23 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-Used (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for recycled steel. The growing awareness of the environmental benefits of using recycled steel is driving the demand for the industry's products. Additionally, the increasing focus on sustainable practices in the construction and manufacturing industries is expected to boost the demand for recycled steel. The industry is also expected to benefit from the growing trend of circular economy, which emphasizes the reuse and recycling of materials. Overall, the Steel-Used (Wholesale) industry is expected to experience steady growth in the coming years.

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

• Steel Recycling Technology: The development of new steel recycling technologies has made it possible to recycle steel more efficiently and cost-effectively. This has led to an increase in the supply of recycled steel, which has benefited the Steel-Used (Wholesale) industry.
• Use Of Recycled Steel In Construction: The use of recycled steel in construction has become increasingly popular due to its environmental benefits. This has led to an increase in demand for recycled steel, which has benefited the Steel-Used (Wholesale) industry.
• Circular Economy Initiatives: The growing focus on circular economy initiatives has led to an increase in the demand for recycled steel. This has benefited the Steel-Used (Wholesale) industry, which supplies recycled steel to various industries.
• Increased Demand for Sustainable Products: The increasing demand for sustainable products has led to an increase in the demand for recycled steel. This has benefited the Steel-Used (Wholesale) industry, which supplies recycled steel to various industries.
• Growing Awareness Of Environmental Benefits: The growing awareness of the environmental benefits of using recycled steel has led to an increase in demand for the industry's products. This has benefited the Steel-Used (Wholesale) industry, which supplies recycled steel to various industries.