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Research and Markets: The Total U.S. Consumption Value of the Primary Metal Manufacturing Industry for the Year 2006 Was $225,520,000,000

Posted on: Monday, 30 July 2007, 12:13 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c64151) has announced the addition of Primary Metal Manufacturing Industries in the U.S. and its Foreign Trade (1997-2009) to their offering.

This industry report focuses upon the Primary Metal Manufacturing industry. Industries in the Primary Metal Manufacturing subsector smelt and/or refine ferrous and nonferrous metals from ore, pig or scrap, using electrometallurgical and other process metallurgical techniques. Establishments in this subsector also manufacture metal alloys and superalloys by introducing other chemical elements to pure metals. The output of smelting and refining, usually in ingot form, is used in rolling, drawing, and extruding operations to make sheet, strip, bar, rod, or wire, and in molten form to make castings and other basic metal products.

Primary manufacturing of ferrous and nonferrous metals begins with ore or concentrate as the primary input. Establishments manufacturing primary metals from ore and/or concentrate remain classified in the primary smelting, primary refining, or iron and steel mill industries regardless of the form of their output. Establishments primarily engaged in secondary smelting and/or secondary refining recover ferrous and nonferrous metals from scrap and/or dross. The output of the secondary smelting and/or secondary refining industries is limited to shapes, such as ingot or billet, that will be further processed. Recovery of metals from scrap often occurs in establishments that are primarily engaged in activities, such as rolling, drawing, extruding, or similar processes.

Excluded from the Primary Metal Manufacturing subsector are establishments primarily engaged in manufacturing ferrous and nonferrous forgings (except ferrous forgings made in steel mills) and stampings. Although forging, stamping, and casting are all methods used to make metal shapes, forging and stamping do not use molten metals and are included in Subsector 332, Fabricated Metal Product Manufacturing. Establishments primarily engaged in operating coke ovens are classified in Industry 32419, Other Petroleum and Coal Products Manufacturing.

NAICS Hierarchy:

331 - Primary Metal Manufacturing

31-33 - Manufacturing Sector

This industry report includes 212 pages of the latest market research information on this industry. In addition to the detailed explanations of the provided statistical data, there are 112 charts, 18 tables, and 2 maps to effectively illustrate the content. Use this report as an in-depth analysis of the industry, an industry reference guide, an aid for benchmarking and forecasting, and as a tool for uncovering new business opportunities. The report is considered the most comprehensive research in the market.

Content Outline:

INTRODUCTION

INCOME STATEMENT

BALANCE SHEET

CAPITAL EXPENDITURE

LABOR AND COMPENSATION

ESTABLISHMENTS

IMPORT

EXPORT

INDUSTRY PLAYERS

LINKS

APPENDIX A - SALES & MARKETING

APPENDIX B - INDUSTRY STRUCTURE

APPENDIX C - FOREIGN TRADE AND US STATES STATISTICS

APPENDIX D - INDUSTRY'S 4-YEAR FINANCIAL STATEMENT

APPENDIX E - REPORT METHODOLOGY

PRIMARY METAL MANUFACTURING INDUSTRIES

Summary

The industry's revenue for the year 2006 was approximately $225,520,000,000. The gross profit was 25.04% at $56,470,208,000. There were 6,456 establishments in this industry that year. Thus, average contribution (or revenue) per establishment annually was $34,932,000.

The total import export value for the year 2006 was $132,314,565,000. There were 199 countries that conducted foreign trade with the U.S. in 2006, 5 more than year 2005. The top trading countries were: Canada, $33,251,295,000 (25.13%); Mexico, $12,470,752,000 (9.43%); China, $9,529,428,000 (7.20%); United Kingdom, $7,090,048,000 (5.36%); and Russia, $6,997,887,000 (5.29%). Their combined total represents approximately 52% of all imports and exports.

The total import value for the year 2006 was $88,615,460,000. This represents a 37.1% increase from year 2005. The U.S. had imported industry related merchandises from 136 countries in 2006. The top importing countries were: Canada, $21,768,790,000 (24.57%); Russia, $6,745,205,000 (7.61%); China, $6,699,040,000 (7.56%); Mexico, $6,139,623,000 (6.93%); and Chile, $4,574,928,000 (5.16%). Their combined total represents approximately 52% of import from all countries.

The total export value for the year 2006 was $40,642,900,000. This represents a 36.5% increase from year 2005. The U.S. had exported industry related merchandises to 192 countries in 2006. The top exporting countries were: Canada, $11,277,850,000 (27.75%); Mexico, $6,244,804,000 (15.37%); Switzerland, $4,859,909,000 (11.96%); United Kingdom, $4,754,214,000 (11.70%); and China, $2,252,942,000 (5.54%). Their combined total represents approximately 72% of export to all countries.

The total U.S. consumption value of this industry for the year was $225,520,000,000.

SCOPE

331111 - Iron and Steel Mills

331112 - Electrometallurgical Ferroalloy Product Manufacturing

331210 - Iron and Steel Pipe and Tube Manufacturing from Purchased Steel

331221 - Rolled Steel Shape Manufacturing

331222 - Steel Wire Drawing

331311 - Alumina Refining

331312 - Primary Aluminum Production

331314 - Secondary Smelting and Alloying of Aluminum

331315 - Aluminum Sheet, Plate, and Foil Manufacturing

331316 - Aluminum Extruded Product Manufacturing

331319 - Other Aluminum Rolling and Drawing

331411 - Primary Smelting and Refining of Copper

331419 - Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum)

331421 - Copper Rolling, Drawing, and Extruding

331422 - Copper Wire (except Mechanical) Drawing

331423 - Secondary Smelting, Refining, and Alloying of Copper

331491 - Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding

331492 - Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum)

331511 - Iron Foundries

331512 - Steel Investment Foundries

331513 - Steel Foundries (except Investment)

331521 - Aluminum Die-Casting Foundries

331522 - Nonferrous (except Aluminum) Die-Casting Foundries

331524 - Aluminum Foundries (except Die-Casting)

331525 - Copper Foundries (except Die-Casting)

331528 - Other Nonferrous Foundries (except Die-Casting)

SUMMARY

This industry report packs 10 years of data from hundreds of reliable government and private statistical resources. The data have been compared and verified to assure the highest research quality. The author frequently contacted these agencies and private companies to acquire the latest information, most of which is unavailable to the general public. It is estimated that to gather and organize the same information into an easy-to-read format in each report, an individual researcher would spend at least a year's worth of effort. The challenge is, by the time this is accomplished, some data is most likely obsolete.

The U.S. manufacturing sector is expected to hit the monumental 5 trillion dollars net sales in 2006. U.S. economists have projected another 5% to 7% growth in the year 2007. To stay ahead, this industry report is intended for you to analyze the specific U.S. industry in greater detail. Not only does the report provide you with information on domestic production, it also supplies you with an industry's import and export data. The report depicts what are the products of the industry and their respective contributions. You can compare these products with the industry's materials, parts and components list that is in the report. The foreign trade data includes 10-years of statistics, and it is projected into year 2009. Such trade data is also provided at the commodity level based on the HTS classification.

For more information visit http://www.researchandmarkets.com/reports/c64151.

Source: Business Wire

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