NAICS 331491 - Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
This U.S. industry comprises establishments primarily engaged in (1) rolling, drawing, or extruding shapes (e.g., bar, plate, sheet, strip, tube) from purchased nonferrous metals) and/or (2) recovering nonferrous metals from scrap and rolling, drawing, and/or extruding shapes (e.g., bar, plate, sheet, strip, tube) in integrated mills.
Industry trends:
The Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding industry (NAICS 331491) has been experiencing several noteworthy trends. One significant trend is the increased focus on sustainability and environmentally friendly practices. Companies in the sector are adopting greener technologies and processes to minimize their carbon footprint and meet regulatory requirements. This includes the implementation of energy-efficient machinery and the recycling of nonferrous metals.
Another trend is the integration of advanced manufacturing technologies such as automation and IoT (Internet of Things). These technologies are improving operational efficiencies, enabling real-time monitoring, and reducing costs. The use of data analytics is also helping companies optimize their production processes and enhance product quality.
In terms of product demand, there is a growing emphasis on the aerospace and automotive industries, which are significant consumers of nonferrous metals. The shift toward electric vehicles (EVs) is expected to boost demand for lightweight, high-strength nonferrous metals like nickel, titanium, and magnesium.
Looking ahead, the industry is forecasted to continue its trajectory towards digital transformation and sustainability. Investments in research and development for new materials and processing techniques are anticipated to drive innovation. Additionally, geopolitical factors and trade policies will likely influence supply chains and market dynamics, presenting both challenges and opportunities for industry players.
This industry is comprised of:
Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Apparatus wire and cord (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Bar, nonferrous metals (except aluminum, copper), made from purchased metals in wire drawing plants or in integrated secondary smelting and rolling, drawing, or extruding plants
Coaxial cable, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Communications wire or cable, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Cord sets, flexible, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Energy wire or cable, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Foil, gold, made by rolling purchased metals or scrap
Foil, nickel, made by rolling purchased metals or scrap
Foil, silver, made by rolling purchased metals or scrap
Gold and gold alloy bar, sheet, strip, and tubing made from purchased metals or scrap
Gold foil made by rolling purchased metals or scrap
Gold rolling and drawing purchased metals or scrap
Iridium bar, rod, sheet, strip and tubing made from purchased metals or scrap
Lead and lead alloy bar, pipe, plate, rod, sheet, strip, and tubing made from purchased metals or scrap
Lead rolling, drawing, or extruding purchased metals or scrap
Magnesium and magnesium alloy bar, rod, shape, sheet, strip, and tubing made from purchased metals or scrap
Magnesium foil made by rolling purchased metals or scrap
Magnesium rolling, drawing, or extruding purchased metals or scrap
Magnet wire, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Mesh, wire, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Molybdenum and molybdenum alloy bar, plate, pipe, rod, sheet, tubing, and wire made from purchased metals or scrap
Molybdenum rolling, drawing, or extruding purchased metals or scrap
Nails, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Nickel and nickel alloy pipe, plate, sheet, strip, and tubing made from purchased metals or scrap
Nickel rolling, drawing, or extruding purchased metals or scrap
Nonferrous metal shapes (except aluminum, copper) made by rolling, drawing, or extruding purchased nonferrous metal
Nonferrous metal shapes (except aluminum, copper) made in integrated secondary smelting and extruding mills
Nonferrous metal shapes (except aluminum, copper) made in integrated secondary smelting and rolling mills
Nonferrous metal shapes (except aluminum, copper) made in integrated secondary smelting mills and wire drawing plants
Nonferrous wire (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Nonferrous wire (except aluminum, copper) made in integrated secondary smelting mills and wire drawing plants
Pipe, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Plate, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Platinum and platinum alloy rolling, drawing, or extruding from purchased metals or scrap
Platinum and platinum alloy sheet and tubing made from purchased metals or scrap
Precious metal bar, rod, sheet, strip, and tubing made from purchased metals or scrap
Rod, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Selenium bar, rod, sheet, strip, and tubing made from purchased metals or scrap
Silver and silver alloy bar, rod, sheet, strip, and tubing made from purchased metals or scrap
Silver foil made by rolling purchased metals or scrap
Silver rolling, drawing, or extruding purchased metals or scrap
Solder wire, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Strip, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Tin and tin alloy bar, pipe, rod, sheet, strip, and tubing made from purchased metals or scrap
Tin rolling, drawing, or extruding purchased metals or scrap
Titanium and titanium alloy bar, billet, rod, sheet, strip, and tubing made from purchased metals or scrap
Titanium rolling, drawing, or extruding purchased metals or scrap
Tubing, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Tungsten bar, rod, sheet, strip, and tubing made by rolling, drawing, or extruding purchased metals or scrap
Welding rod, uncoated, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Wire cloth, nonferrous metals (except aluminum, copper), made from purchased metals or scrap
Wire screening, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Wire, nonferrous metals (except aluminum, copper), made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants
Wire, nonferrous metals (except aluminum, copper), made in integrated secondary smelting mills and wire drawing plants
Zinc and zinc alloy bar, plate, pipe, rod, sheet, tubing, and wire made from purchased metals or scrap
Zinc rolling, drawing, or extruding purchased metals or scrap
Zirconium and zirconium alloy bar, rod, billet, sheet, strip, and tubing made from purchased metals or scrap
Zirconium rolling, drawing, or extruding purchased metals or scrap
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