Manufacture of basic iron and steel and of ferro-alloys
NACE v2.0 Code: C24.10
About manufacture of basic iron and steel and of ferro-alloys
NACE code 24.10 covers the manufacture of basic iron and steel, as well as ferro-alloys. This industry is a critical component of the broader manufacturing sector, providing essential raw materials for a wide range of downstream industries. The production of basic iron and steel is a foundational activity that supports the development of infrastructure, transportation, machinery, and numerous other products that are integral to modern economies.
Production process
The primary production techniques used in this industry involve the smelting and refining of iron ore and other ferrous metals. This typically involves the use of blast furnaces, basic oxygen furnaces, and electric arc furnaces to extract and purify the raw materials. The resulting molten metal is then cast into various semi-finished products, such as billets, blooms, and slabs, which can be further processed into finished steel products.
Production inputs
The main inputs required for the manufacture of basic iron and steel and ferro-alloys include iron ore, coal, limestone, and other ferrous and non-ferrous metals. Additionally, this industry relies on specialized machinery, such as furnaces, rolling mills, and casting equipment, as well as a skilled workforce to operate the production processes.
Production outputs
The primary outputs of this industry are various forms of basic iron and steel, including crude steel, hot-rolled and cold-rolled steel, and ferro-alloys. These products are then consumed by a wide range of other industries, such as 25.11 Manufacture of metal structures and parts of structures, 29.10 Manufacture of motor vehicles, and 30.20 Manufacture of railway locomotives and rolling stock.
Revisions to 24.10
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 24.10. The most recent 1 version of this code (24.10) is in the NACE v2.1 system:
This page shows a legacy version of code 24.10 ( NACE v2.0).
Newer versions
- NACE v2.1 (Latest revision):
Related Tariff Codes (HS / Harmonized System)
These HS codes are related to this econ code: (24.10).
Related ISIC Codes
These isic codes are related to this econ code: (24.10).
ISIC code | ISIC Version | ISIC title |
---|---|---|
2410 | ISIC v4.0 | Manufacture of basic iron and steel |
Related CPC Codes
These CPC codes are related to this econ code: (24.10).
Family tree for manufacture of basic iron and steel and of ferro-alloys
graph LR A["<a href='/classifications/nace/v2/C'>C: MANUFACTURING</a>"] A --> B["<a href='/classifications/nace/v2/C/24'>24: Manufacture of basic metals</a>"] B --> C["<a href='/classifications/nace/v2/C/24/1'>24.1: Manufacture of basic iron and steel and of ferro-alloys</a>"] C --> D["<a href='/classifications/nace/v2/C/24/10'>24.10: Manufacture of basic iron and steel and of ferro-alloys </a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level3 class D level4 class D highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class D highlight