NAICS Code 423930-41 - Recycling Non Ferrous Metals (Wholesale)
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NAICS Code 423930-41 Description (8-Digit)
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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
Certifications, Compliance and Licenses for NAICS Code 423930-41 - Recycling Non Ferrous Metals (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Responsible Recycling (R2) Certification: This certification is provided by Sustainable Electronics Recycling International (SERI) and ensures that the recycling process of electronic waste is done in an environmentally responsible way. It covers the entire recycling process, from collection to final disposition.
- ISO 14001: This certification is an international standard that specifies the requirements for an environmental management system. It helps organizations to minimize their environmental impact and comply with environmental regulations.
- OSHA Hazardous Waste Operations and Emergency Response (HAZWOPER) Certification: This certification is required for workers who are involved in the cleanup, treatment, storage, and disposal of hazardous waste. It covers the safety and health aspects of hazardous waste operations.
- National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for workers who are exposed to hazardous materials. It ensures that workers are trained to use personal protective equipment and follow safe work practices.
- Resource Conservation and Recovery Act (RCRA) Certification: This certification is required for hazardous waste handlers and transporters. It ensures that they are trained to handle hazardous waste safely and comply with environmental regulations.
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.
Future Outlook for Recycling Non Ferrous Metals (Wholesale)
The anticipated future trajectory of the NAICS 423930-41 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 Recycling Non Ferrous Metals (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for recycled metals from various end-use industries such as construction, automotive, and aerospace. The growing awareness about the environmental benefits of recycling and the implementation of stringent regulations by the government to reduce carbon emissions are also expected to drive the growth of the industry. However, the industry may face challenges such as the volatility of metal prices, the availability of scrap metal, and the competition from other metal recycling industries.
Industry Innovations for NAICS Code 423930-41
Recent groundbreaking advancements and milestones in the Recycling Non Ferrous Metals (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Use of advanced technologies such as X-ray fluorescence (XRF) analyzers and optical sorting machines to improve the efficiency and accuracy of metal sorting and processing.
- Development of new alloys and metal blends to meet the specific requirements of end-use industries and improve the performance of recycled metals.
- Implementation of sustainable practices such as the use of renewable energy sources and the reduction of water consumption in metal recycling processes.
- Expansion of the industry's geographical reach through mergers and acquisitions and the establishment of new recycling facilities in strategic locations.
- Collaboration with end-use industries to develop closed-loop recycling systems that enable the recovery and reuse of metals from their products.
NAICS Code 423930-41 - Recycling Non Ferrous Metals (Wholesale)
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