Manufacture of other products of first processing of steel

NACE v2.0 Code: C24.3

About manufacture of other products of first processing of steel

NACE code 24.3 covers the manufacture of other products of first processing of steel, a critical industry within the broader steel and metal manufacturing sector. This industry plays a vital role in transforming raw steel into a diverse range of intermediate products, which are then utilized by various downstream industries, such as construction, automotive, and machinery manufacturing. The output from this industry forms the foundation for many essential goods and infrastructure that support economic growth and development.

Production process

The primary production techniques used in this industry involve the initial processing of steel, including rolling, drawing, and extruding. Steel is heated and then passed through a series of rollers to achieve the desired thickness, shape, and surface finish. Drawing processes pull the steel through a die to create wire, bars, and other long, slender products. Extrusion techniques force the steel through a shaped opening to produce complex cross-sectional profiles, such as beams and channels.

Production inputs

The key inputs for this industry include raw steel, either in the form of billets, blooms, or slabs, as well as various alloying elements, such as chromium, nickel, and manganese, to enhance the steel's properties. Specialized machinery, including rolling mills, drawing benches, and extrusion presses, are also essential for the manufacturing processes. Additionally, energy sources, such as electricity and natural gas, are required to power the production facilities.

Production outputs

The primary outputs of this industry are a diverse range of steel products, including bars, rods, angles, shapes, and sections. These intermediate steel products are then consumed by other NACE codes, such as 25.1 Manufacture of structural metal products, 28.1 Manufacture of general-purpose machinery, and 29.1 Manufacture of motor vehicles, which further process the steel into final consumer and industrial goods.

Revisions to 24.3

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 24.3. The most recent 1 version of this code (24.3) is in the NACE v2.1 system:

This page shows a legacy version of code 24.3 ( NACE v2.0).

Newer versions

Related ISIC Codes

These isic codes are related to this econ code: (24.3).

ISIC code ISIC Version ISIC title
241ISIC v4.0Manufacture of basic iron and steel

Family tree for manufacture of other products of first processing of steel

    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/24/3'>24.3: Manufacture of other products of first processing of steel</a>"]

    B --> D["<a href='/classifications/nace/v2/C/24/1'>24.1: Manufacture of basic iron and steel and of ferro-alloys</a>"]
B --> E["<a href='/classifications/nace/v2/C/24/2'>24.2: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel</a>"]
B --> F["<a href='/classifications/nace/v2/C/24/4'>24.4: Manufacture of basic precious and other non-ferrous metals</a>"]
B --> G["<a href='/classifications/nace/v2/C/24/5'>24.5: Casting of metals</a>"]

    C --> H["<a href='/classifications/nace/v2/C/24/31'>24.31: Cold drawing of bars</a>"]
C --> I["<a href='/classifications/nace/v2/C/24/32'>24.32: Cold rolling of narrow strip</a>"]
C --> J["<a href='/classifications/nace/v2/C/24/33'>24.33: Cold forming or folding</a>"]
C --> K["<a href='/classifications/nace/v2/C/24/34'>24.34: Cold drawing of wire</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 level3
class E level3
class F level3
class G level3
class H level4
class I level4
class J level4
class K level4

  class C 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 C highlight