Establishments primarily engaged in recovering nonferrous metals and alloys from new and used scrap and dross or in producing alloys from purchased refined metals. This industry includes establishments engaged in both the recovery and alloying of precious metals. Plants engaged in the recovery of tin through secondary smelting and refining, as well as by chemical processes, are included in this industry. Establishments primarily engaged in assembling, sorting, and breaking up scrap metal, without smelting and refining, are classified in Wholesale Trade, Industry 5093.
One of the latest qualitative trends in the Secondary Smelting and Refining of Nonferrous Metals (NAICS 3341) industry is the growing emphasis on sustainability and the circular economy. Companies are increasingly adopting eco-friendly practices, such as using advanced technologies to reduce emissions and improve the efficiency of metal recovery processes. This shift is driven by stricter environmental regulations and the rising demand for green products from eco-conscious consumers and businesses.
Another significant trend is the integration of advanced technologies, including automation, artificial intelligence, and machine learning, to optimize production processes and reduce costs. Companies are leveraging these technologies to enhance operational efficiency, predictive maintenance, and overall productivity.
In the near future, the industry is expected to see continued growth in demand for nonferrous metals, driven by the expansion of renewable energy projects, electric vehicles, and electronic devices. These sectors rely heavily on nonferrous metals such as aluminum, copper, and lithium, which will drive demand for smelting and refining services.
The industry will likely continue to face challenges related to fluctuating raw material prices and supply chain disruptions. However, companies that invest in sustainable practices and technological advancements will be well-positioned to navigate these challenges and capitalize on emerging opportunities.
Aluminum extrusion ingot, secondary
Aluminum smelting and refining, secondary
Antimonial lead refining, secondary
Babbitt metal smelting and refining, secondary
Brass smelting and refining, secondary
Bronze smelting and refining, secondary
Copper smelting and refining, secondary
Detinning of cans
Detinning of scrap
Germanium refining, secondary
Gold smelting and refining, secondary
Ingots, nonferrous: smelting and refining-secondary
Iridium smelting and refining, secondary
Lead smelting and refining, secondary
Magnesium smelting and refining, secondary
Nickel smelting and refining, secondary
Nonferrous metal smelting and refining, secondary
Platinum-group metals smelting and refining, secondary
Precious metal smelting and refining, secondary
Recovering and refining of nonferrous metals
Recovery of silver from used photographic film
Secondary refining and smelting of nonferrous metals
Selenium refining, secondary
Silver smelting and refining, secondary
Solder (base metal), pig and ingot secondary
Tin smelting and refining, secondary
Zinc dust, reclaimed
Zinc smelting and refining, secondary
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