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Sector: 31-33 Manufacturing

NAICS Code 332111 - Iron and Steel Forging

Industry Description

This U.S. industry comprises establishments primarily engaged in manufacturing iron and steel forgings from purchased iron and steel by hammering mill shapes. Establishments making iron and steel forgings and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product. Iron and steel forging establishments may perform surface finishing operations, such as cleaning and deburring, on the forgings they manufacture.

Cross-References. Establishments primarily engaged in--

Business Examples

Common types of business activities within NAICS 332111 - Iron and Steel Forging are:

  • Gun forgings made from purchased iron or steel, unfinished
  • Ferrous forgings made from purchased iron or steel, unfinished
  • Hot forgings made from purchased iron or steel, unfinished
  • Cold forgings made from purchased iron or steel, unfinished
  • Horseshoes, ferrous forged, made from purchased iron or steel
  • Forgings made from purchased iron or steel, unfinished
  • Drop forgings made from purchased iron or steel, unfinished
  • Press forgings made from purchased iron or steel, unfinished
  • Iron forgings made from purchased iron, unfinished
  • Hammer forgings made from purchased iron or steel, unfinished
  • Upset forgings made from purchased iron or steel, unfinished
  • Steel forgings made from purchased steel, unfinished

IBISWorld Industry Research Report

Metal Stamping & Forging in the US (33211)

Revenue 2025

$35.2bn

Growth 2025

2.36%

Key Trends

  • The industry's key downstream markets consistently rank product quality, precision and turnaround time as higher purchasing factors than price

  • Unsteady demand from nearly all major downstream markets has hurt manufacturers

  • Operators with the greatest potential for growth are those with value-added products

Products and Services

Similar Industries

For some business types, there may be a similar industry to 332111 - Iron and Steel Forging that is a better classification match. Establishments primarily engaged in:

NAICS Hierarchy 332111 - Iron and Steel Forging

NAICS Code 332111 - Iron and Steel Forging sits in the 2-digit Iron and Steel Forging sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 31-33

Sector Title: Manufacturing

3 Digits 4 Digits 5 Digits 6 Digits

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