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NAICS 331492, industry

NAICS 331492: Secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum)

NAICS 331492 is the industry code for secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum). Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.

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What 331492 covers

This code covers businesses that recover and alloy nonferrous metals other than copper and aluminum from scrap, such as lead from batteries, precious metals from e waste and catalysts, and zinc and tin from scrap.

Included in this code

  • Lead recovery from scrap batteries
  • Precious metal recovery from scrap
  • Catalytic converter metal recovery
  • Secondary zinc and tin alloying
  • Solder and babbitt metal from scrap

Not this code

Businesses that use 331492

Battery lead recyclerPrecious metal recovery refineryCatalyst metal refiner

Financing for this trade

Secondary refiners use asset based lines on scrap and recovered metal, plus equipment loans for furnaces and processing lines. Lenders look at environmental permits, metal pricing and supplier relationships.

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Is 331492 the right code for a secondary nonferrous metal refiner (except copper and aluminum)?

Yes, if you recover and refine nonferrous metals other than copper and aluminum from scrap or residues. Copper recovery goes in 331420 and aluminum in 331314. Scrap yards that only buy, sort and sell scrap without refining belong in wholesale code 423930.

What is the SBA size standard for 331492?

Under 13 CFR 121.201, a business classified under NAICS 331492 is small if it averages no more than 850 employees, counting affiliates, over the prior 24 months. SBA uses that number for loan eligibility and federal agencies use it for small business set asides. A firm above it can still qualify for SBA 7(a) and 504 loans under the alternative standard of $15 million tangible net worth and $5 million average net income.

How do precious metal recyclers fund operations?

Precious metal and catalyst recyclers need large sums to buy scrap before refining, so they rely on inventory and receivables financing, sometimes with metal hedging or consignment programs. Lenders scrutinize assay controls, environmental permits and anti money laundering procedures alongside the financial statements.

What does NAICS 331492 cover?

Secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum). Industry level code in NAICS 2022, under 31-33 Manufacturing, 331 Primary metal manufacturing, 3314 Nonferrous metal (except aluminum) production and processing, 33149 Nonferrous metal (except copper and aluminum) rolling, drawing, extruding, and alloying.

What financing do NAICS 331492 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for manufacturing businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 331492?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.