331110 Iron and Steel Mills and Ferroalloy Manufacturing

This industry comprises establishments primarily engaged in one or more of the following: (1) direct reduction of iron ore; (2) manufacturing pig iron in molten or solid form; (3) converting pig iron into steel; (4) making steel; (5) making steel and manufacturing shapes (e.g., bar, plate, rod, sheet, strip, wire); (6) making steel and forming pipe and tube; and (7) manufacturing electrometallurgical ferroalloys. Ferroalloys add critical elements, such as silicon and manganese for carbon steel and chromium, vanadium, tungsten, titanium, and molybdenum for low- and high-alloy metals. Ferroalloys include iron-rich alloys and more pure forms of elements added during the steel manufacturing process that alter or improve the characteristics of the metal.

Average Jobs Employed 23
Average Loan Given $336,210
Number of Loans Given 712
Total Amount Loaned $239,381,219

Operating coke ovens are classified in U.S. Industry 324199, All Other Petroleum and Coal Products Manufacturing;

Manufacturing nonferrous superalloys, such as cobalt or nickel-based superalloys are classified in U.S. Industry 331492, Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum);

Manufacturing concrete reinforcing bar by rolling and drawing steel from purchased steel are classified in U.S. Industry 331221, Rolled Steel Shape Manufacturing.

Manufacturing fabricated structural metal products from concrete reinforcing bars and fabricated bar joists are classified in U.S. Industry 332312, Fabricated Structural Metal Manufacturing.