NAICS 331492 - Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum)
This U.S. industry comprises establishments primarily engaged in (1) alloying purchased nonferrous metals and/or (2) recovering nonferrous metals from scrap. Establishments in this industry make primary forms (e.g., bar, billet, bloom, cake, ingot, slab, slug, wire) using smelting or refining processes.
Industry trends:
The Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum) industry, classified under NAICS 331492, is experiencing several qualitative trends driven by technological advancements and sustainability initiatives. One significant trend is the growing emphasis on recycling and environmentally friendly practices. As global environmental regulations tighten, businesses in this sector are increasingly investing in advanced recycling technologies to reduce emissions and energy consumption.
Additionally, the industry is witnessing a substantial shift towards automation and digitalization. Modern facilities are integrating IoT (Internet of Things) and AI (Artificial Intelligence) to enhance operational efficiency, reduce human error, and optimize resource management. This transformation is expected to improve yield, lower costs, and boost the overall quality of refined metals.
Another emerging trend is the expanding demand for rare and precious metals due to their critical applications in high-tech industries, including electronics, renewable energy, and electric vehicles. This demand is likely to drive growth and innovation within secondary smelting and refining processes.
Looking forward, the industry forecasts suggest a continued focus on sustainability and efficiency. Companies that can successfully integrate green technologies and automated solutions are poised to gain a competitive edge. With increasing consumer awareness and regulatory pressures, the sector is expected to evolve rapidly to meet the demands for both high-quality and environmentally responsible metal products.
This industry is comprised of:
Alloying purchased nonferrous metals (except aluminum, copper)
Detinning scrap (e.g., cans)
Germanium recovering from scrap and/or alloying purchased metals
Gold recovering from scrap and/or alloying purchased metals
Ingot, nonferrous metals (except aluminum, copper), secondary smelting and refining
Iridium recovering from scrap and/or alloying purchased metals
Lead recovering from scrap and/or alloying purchased metals
Magnesium recovering from scrap and/or alloying purchased metals
Metal powder and flake nonferrous (except aluminum, copper) made from purchased metal
Nickel recovering from scrap and/or alloying purchased metals
Nonferrous alloys (except aluminum, copper) made from purchased nonferrous metals
Nonferrous alloys (except aluminum, copper) made in integrated secondary smelting and alloying plants
Nonferrous metals (except aluminum, copper) secondary smelting and refining
Paste, nonferrous metals (except aluminum, copper), made from purchased metal
Platinum recovering from scrap and/or alloying purchased metals
Powder, nonferrous metals (except aluminum, copper), made from purchased metal
Precious metals recovering from scrap and/or alloying purchased metals
Recovering and refining of nonferrous metals (except aluminum, copper) from scrap
Recovering silver from used photographic film or X-ray plates
Refining nonferrous metals and alloys (except aluminum, copper), secondary
Secondary refining of nonferrous metals (except aluminum, copper)
Secondary smelting of nonferrous metals (except aluminum, copper)
Selenium recovering from scrap and/or alloying purchased metals
Silver recovering from scrap and/or alloying purchased metals
Silver recovering from used photographic film or X-ray plates
Smelting and refining of nonferrous metals (except aluminum, copper), secondary
Smelting nonferrous metals (except aluminum, copper), secondary
Superalloys, nonferrous based, made from purchased metals or scrap
Tin recovering from scrap and/or alloying purchased metals
Tungsten carbide powder made by metallurgical process
Zinc dust reclaiming
Zinc recovering from scrap and/or alloying purchased metals
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