NAICS Code 332111 - Iron and Steel Forging
NAICS Code 332111 Description
This U.S. industry comprises establishments primarily engaged in manufacturing iron and steel forgings from purchased iron and steel by hammering mill shapes. Establishments making iron and steel forgings and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product. Iron and steel forging establishments may perform surface finishing operations, such as cleaning and deburring, on the forgings they manufacture.
NAICS Code 332111 - Iron and Steel Forging is a final level code of the “Manufacturing” Sector. There are 671 companies verified as active in this industry in the USA with an estimated employment of 19,176 people.
SBA Size StandardMaximum 750 Employees
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Hierarchy Navigation for NAICS Code 332111
Industry Examples of NAICS 332111
Common types of examples within NAICS Code 332111 - Iron and Steel Forging are:
- Cold forgings made from purchased iron or steel, unfinished
- Drop forgings made from purchased iron or steel, unfinished
- Ferrous forgings made from purchased iron or steel, unfinished
- Forgings made from purchased iron or steel, unfinished
- Gun forgings made from purchased iron or steel, unfinished
- Hammer forgings made from purchased iron or steel, unfinished
- Horseshoes, ferrous forged, made from purchased iron or steel
- Hot forgings made from purchased iron or steel, unfinished
- Iron forgings made from purchased iron, unfinished
- Press forgings made from purchased iron or steel, unfinished
- Steel forgings made from purchased steel, unfinished
- Upset forgings made from purchased iron or steel, unfinished
Example photo for industry NAICS 332111 - Iron and Steel Forging . This image represents an activity or product found in this industry.
- Manufacturing iron and steel forgings in integrated iron and steel mills: classified in NAICS Code - 331110 - Iron and Steel Mills and Ferroalloy Manufacturing.
- Manufacturing nonferrous forgings: classified in U.S. NAICS Code - 332112 - Nonferrous Forging..
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USA Import, Export, and Balance of Trade
Balance of Trade (USD)-$119,781,083
Top Countries by U.S. Imports
Top Countries by U.S. Exports
Countries With Highest Trade Surplus
Countries With Highest Trade Deficit
U.S. Total Import value for NAICS Code 332111 is $122,799,610. Canada, Mexico, and China accounted for the top imports of Iron And Steel Forged in 2018.
U.S. Total Export value for this industry is $3,018,527. Germany, France, and Canada accounted for the top exports of Iron And Steel Forged in 2018.
Questions & Answers
What is the SBA size standard for NAICS 332111?
Businesses up to 750 Employees in size are considered small businesses by SBA.
How many active businesses operate in NAICS Code 332111?
There are 671 verified business locations operating primarily in this industry.
What was the total revenue for NAICS Code 332111?
In 2017 the total revenue for Iron and Steel Forging was $7,708,536,000
What was the annual payroll for NAICS Code 332111?
In 2017 the annual payroll for Iron and Steel Forging was $1,135,958,000
How many people work in NAICS Code 332111?
The number of reported paid employees is 19,176.