SIC 3355 Aluminum Rolling and Drawing, Not Elsewhere Classified

SIC 3355

This classification refers to establishments primarily engaged in rolling, drawing, and other operations resulting in the production of aluminum ingot including extrusion ingot, and aluminum and aluminum-base alloy basic shapes, not elsewhere classified, such as rolled and continuous cast rod and bar. Establishments primarily engaged in producing aluminum powder, flake, and paste are classified in SIC 3399: Primary Metal Products, Not Elsewhere Classified, and those producing aluminum wire and cable from purchased wire bars, rods, or wire are classified in SIC 3357: Drawing and Insulating of Nonferrous Wire.

NAICS CODE(S)

331319

Other Aluminum Rolling and Drawing

INDUSTRY SNAPSHOT

Aluminum rod, bar, and wire products are often grouped together in a single product category. Wire is made from rod or bar, and by definition is less than three-eighths of an inch in diameter, while rod and bar are generally thicker. Electrical transmission lines represent the major end-use of rod/bar/wire products, but they are also used to make rivets, nails, screws, and bolts, and parts of machinery and equipment.

Overall, the domestic aluminum industry struggled with waning industry shipments in the late 1990s and early 2000s. By the middle of 2006 aluminum prices were at an 18-year high and were predicted to remain volatile because of a worldwide low primary aluminum inventory, down to 36 days in May 2006 from 40 days earlier in the year. Aluminum demand in 2006 was 5.3 percent higher than in 2005 and expected to climb higher. However, while demand was predicted to grow 4 to 6 percent through 2007, global capacity was expected to grow only 2 to 3 percent by 2010.

According to the U.S. Census Bureau, fewer than 20 establishments operated in this category at the onset of the twenty-first century. Industry-wide employment totaled 4,153 workers receiving a combined payroll of more than $142 million. Of these employees, 3,272 worked in production, putting in more than 6 million hours to earn wages of more than $99 million. Overall shipments for the industry were valued at more than $1.5 billion in 2001.

After 2001, the U.S. Census Bureau combined this category with the larger industry of Aluminum Sheet, Plate, and Foil Manufacturing and tracked the statistics together. Employment in this combined industry totaled...

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