NAICS Code 423930-41 - Recycling Non Ferrous Metals (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423930-41
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NAICS Code 423930-41 Description (8-Digit)

Recycling Non Ferrous Metals (Wholesale) is a subdivision of the NAICS Code 423930 that involves the wholesale distribution of non-ferrous metals that have been recycled. Non-ferrous metals are metals that do not contain iron, such as copper, aluminum, brass, and lead. This industry is responsible for collecting, sorting, and processing non-ferrous metals from various sources, such as industrial waste, construction sites, and consumer products. The recycled metals are then sold to manufacturers who use them to produce new products.

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 Recycling Non Ferrous Metals (Wholesale) industry for day-to-day tasks and operations.

  • Magnetic Separators
  • Eddy Current Separators
  • X-Ray Fluorescence Analyzers
  • Metal Analyzers
  • Metal Detectors
  • Metal Briquetting Machines
  • Metal Baling Machines
  • Metal Shears
  • Metal Shredders
  • Metal Grinders
  • Metal Melting Furnaces
  • Metal Casting Machines
  • Metal Extrusion Machines
  • Metal Rolling Machines
  • Metal Forming Machines
  • Metal Cutting Machines
  • Metal Welding Machines
  • Forklifts
  • Cranes
  • Conveyor Belts

Industry Examples of Recycling Non Ferrous Metals (Wholesale)

Common products and services typical of NAICS Code 423930-41, illustrating the main business activities and contributions to the market.

  • Copper Wire
  • Aluminum Cans
  • Brass Fittings
  • Lead Batteries
  • Zinc Sheets
  • Nickel Alloys
  • Titanium Scrap
  • Magnesium Ingots
  • Tin Solder
  • Bronze Castings
  • Silver Coins
  • Gold Jewelry
  • Platinum Catalysts
  • Palladium Electrodes
  • Cobalt Powders
  • Beryllium Rods
  • Chromium Plates
  • Manganese Nodules
  • Vanadium Slags
  • Tungsten Carbide

History

A concise historical narrative of NAICS Code 423930-41 covering global milestones and recent developments within the United States.

  • The recycling of non-ferrous metals has been a practice for centuries, with the first recorded instance of copper recycling dating back to ancient Rome. The industrial revolution in the 19th century saw a significant increase in the demand for non-ferrous metals, leading to the establishment of the first non-ferrous metal recycling plants in Europe and North America. The industry continued to grow throughout the 20th century, with advancements in technology and the development of new alloys driving demand for recycled non-ferrous metals. In recent years, the industry has faced challenges such as fluctuating commodity prices and increased competition from low-cost producers in emerging markets. In the United States, the non-ferrous metal recycling industry has a long history dating back to the early 1900s. During World War II, the industry played a critical role in the war effort by providing recycled metals for the production of military equipment. In the post-war period, the industry continued to grow, driven by the demand for non-ferrous metals in the construction, automotive, and electronics sectors. The industry has faced challenges in recent years, including the decline in commodity prices and increased competition from low-cost producers in Asia. Despite these challenges, the industry has continued to innovate, with advancements in technology and the development of new alloys driving demand for recycled non-ferrous metals.