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Structural Metals Manufacture Industry Profile Excerpt
| SIC Codes: 3441, 3442, 3443, 3444, 3446, 3448, 3449 NAICS Codes: 33231, 33232 Page Length: 10-12 Last Quarterly Update: 10/13/2008 View Sample Industry Profile |
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The US structural metals manufacturing industry consists of 13,000 companies with combined annual revenue of $60 billion. Major companies include units of integrated metal producers, such as Alcoa, Nucor Steel, and US Steel, as well as large metal fabricators, such as NCI Building Systems and Dietrich Industries. The industry is highly fragmented: the 50 largest companies have only about 25 percent of industry sales.
COMPETITIVE LANDSCAPE
Demand depends primarily on the level of construction activity, particularly non-residential. Large companies have advantages in efficiency of operations and economies of scale. Smaller producers compete by focusing on specialized product offerings and responsive customer service to local markets. Revenue per employee averages about $160,000.
Structural metals compete with other building materials, primarily wood, for many uses in construction projects.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major product types are structural steel (joists and concrete reinforcing bars); sheet metal (ductwork, metal enclosures); metal windows and doors; and prefabricated metal buildings. Structural steel components comprise 35 percent of US shipments, followed by sheet metal work (25 percent), and metal windows and doors (20 percent). Other products include ornamental building components, such as metal staircases and fire escapes.
Basic raw materials are primarily steel (carbon, alloy, and stainless) or aluminum. Raw materials are bought in semi-finished form (slabs, billets, and blooms) or finished form (plates, coils, sheets, wire, bars, rails, and beams). Companies buy either directly from primary metal producers, such as Nucor Steel or Alcoa, or from metals ...
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