Major Group SIC 3325 - Steel Foundries, Not Elsewhere Classi...

SIC 3325 - Steel Foundries, Not Elsewhere Classified

SIC 33 - Primary Metal Industries
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 332 - Iron And Steel Foundries
  SIC 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills SIC 332 - Iron And Steel Foundries SIC 333 - Primary Smelting And Refining Of Nonferrous Metals SIC 334 - Secondary Smelting And Refining Of Nonferrous Metals SIC 335 - Rolling, Drawing, And Extruding Of Nonferrous Metals SIC 336 - Nonferrous Foundries (castings) SIC 339 - Miscellaneous Primary Metal Products
  - SIC 3325 - Steel Foundries, Not Elsewhere Classified
    SIC 3321 - Gray And Ductile Iron Foundries SIC 3324 - Steel Investment Foundries SIC 3325 - Steel Foundries, Not Elsewhere Classified SIC 3322 - Malleable Iron Foundries

Establishments primarily engaged in manufacturing steel castings, not elsewhere classified.

Industry trends:

The steel foundries industry, especially NAICS 3325, has faced significant changes driven by various trends. One noticeable qualitative trend is the increasing emphasis on sustainability. Environmental regulations are tightening, pushing companies to adopt cleaner production methods and invest in technologies that reduce emissions and energy consumption. This shift aligns with broader global trends towards environmental responsibility and has led to the exploration of alternative materials and more efficient manufacturing processes.

Another emerging trend is the adoption of advanced manufacturing technologies such as additive manufacturing (3D printing). These technologies offer the potential to produce complex components more efficiently, with less material waste. The sector is also seeing increased integration of automation and digitalization, impacting everything from inventory management to quality control. This trend towards Industry 4.0 is expected to continue, enhancing operational efficiencies and reducing costs.

From a market perspective, there’s also an expanding interest in customization and shorter lead times among customers. As a result, steel foundries are exploring more flexible production techniques to meet these demands. The growth in infrastructure development, especially in emerging markets, is expected to drive demand for steel castings significantly in the near future. However, ongoing global trade tensions and fluctuations in raw material costs could pose challenges.

This industry is comprised of:

Alloy steel castings, except investment

Bushings, cast steel: except investment

Cast steel railroad car wheels

Castings, steel: except investment

Foundries, steel: except investment

Rolling mill rolls, steel: not machined

Steel foundries, except investment

Explore related industries:

SIC 2399 - Fabricated Textile Products, Not Elsewhere Classified SIC 3462 - Iron And Steel Forgings SIC 3549 - Metalworking Machinery, Not Elsewhere Classified

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

View interactive report sample

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.