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NAICS Code 424690-51 - Nickel (Wholesale)
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Looking for more companies? See NAICS 424690 - Other Chemical and Allied Products Merchant Wholesalers - 3,130 companies, 50,504 emails.
NAICS Code 424690-51 Description (8-Digit)
The Nickel (Wholesale) industry involves the distribution of nickel and nickel alloys to various industries. Nickel is a silvery-white metal that is used in the production of stainless steel, batteries, and other alloys. The industry is responsible for the wholesale distribution of nickel in various forms, including bars, sheets, and powders. The industry also provides nickel refining services to extract pure nickel from ores and other raw materials.
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 424690 page
Tools
Tools commonly used in the Nickel (Wholesale) industry for day-to-day tasks and operations.
- Nickel refining equipment
- Nickel plating equipment
- Nickel testing equipment
- Nickel alloy production equipment
- Nickel powder production equipment
- Nickel melting furnaces
- Nickel casting equipment
- Nickel welding equipment
- Nickel cutting tools
- Nickel polishing equipment
Industry Examples of Nickel (Wholesale)
Common products and services typical of NAICS Code 424690-51, illustrating the main business activities and contributions to the market.
- Stainless steel production
- Battery manufacturing
- Aerospace industry
- Chemical industry
- Electronics industry
- Automotive industry
- Jewelry industry
- Construction industry
- Oil and gas industry
- Food processing industry
History
A concise historical narrative of NAICS Code 424690-51 covering global milestones and recent developments within the United States.
- The "Nickel (Wholesale)" industry has a long and rich history worldwide. Nickel was first discovered in 1751 by Swedish chemist Baron Axel Fredrik Cronstedt. The metal was initially used for coins, but its use expanded to other applications such as stainless steel production, electroplating, and batteries. In the early 20th century, the demand for nickel increased significantly due to the growth of the automobile industry. During World War II, nickel was a crucial material for the production of weapons and military equipment. In recent years, the industry has faced challenges due to fluctuations in nickel prices, increased competition, and environmental concerns. In the United States, the "Nickel (Wholesale)" industry has a more recent history. The country's first nickel mine was established in 1865 in Lancaster County, Pennsylvania. The industry grew steadily throughout the 20th century, with the United States becoming one of the world's leading producers of nickel. In the 21st century, the industry has faced challenges due to increased competition from other countries, declining demand for certain nickel products, and environmental regulations. Despite these challenges, the industry remains an important part of the US economy, providing jobs and contributing to the country's industrial output.