NAICS 332111

Iron & Steel Forging

Key Figures

Establishments
283
Census CBP · 2023
Employment
17,126
Census CBP · 2023
Market size
$7.2B
Census Economic Census · 2022

Figures are published for NAICS 332111 directly.

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Official definition

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.

Source: US Census Bureau, 2017 NAICS Definitions. Public domain.

Which code does this activity belong in?

Iron and steel forging comprises establishments that hammer mill shapes made from purchased iron and steel materials into forgings. The boundary between iron and steel forging and nonferrous forging turns on the input material: nonferrous metals are classified in Nonferrous Forging. When forging establishments perform additional manufacturing operations such as machining or assembling to create a finished product rather than just the forging itself, they are reclassified to the industry of the completed product. Surface finishing operations like cleaning and deburring performed on the forgings do not alter this classification.

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