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2025 U.S. Industry Statistics & Market Forecast - Steel Foundries
Market Size & Industry Statistics
The total U.S. industry market size for Steel Foundries :
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Steel Foundries industry include:- Rising raw material costs
- Global trade tensions
- Increasing environmental regulations
- Shift towards renewable energy sources
- Technological advancements in production processes
- Fluctuating demand from construction and automotive sectors
- Consolidation of companies within the industry
- Growing importance of recycling and sustainability practices
- Expansion in emerging markets
- Adoption of additive manufacturing and 3D printing technologies
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Steel Foundries company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Steel Foundries industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Steel Foundries measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 5% | |||
| Installation, Maintenance, and Repair Occupations | 7% | |||
| Other Installation, Maintenance, and Repair Occupations | 6% | |||
| Production Occupations | 67% | |||
| Metal Workers and Plastic Workers | 47% | |||
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 10% | |||
| Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic | 8% | |||
| Metal Furnace Operators, Tenders, Pourers, and Casters | 6% | |||
| Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic | 20% | |||
| Foundry Mold and Coremakers | 7% | |||
| Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic | 13% | |||
| Other Production Occupations | 13% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
Steel Foundries Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Steel Foundries industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Steel Foundries industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Steel Foundries industry. |
Source:
Latest Industry News
- Former Lincoln Yards site to become smaller, walkable residential community, developer says. ‘Bigger is not necessarily better.’ - The new 31-acre development, called Foundry Park, will eventually total about two to three thousand units, including single-family homes, condos, rental apartments, townhomes and affordable (07/10/2025)
- New owners of Lincoln Yards parcel recalibrate plans - JDL Development and Kayne Anderson Real Estate take over most of the North Side parcel, with plans for a "walking" residential neighborhood that's modest compared with an earlier Sterling Bay push for high-density offices and homes. (07/10/2025)
- Officials investigate cause of fire at building on former Frog, Switch & Manufacturing site in Carlisle - The former manufacturing site was closed in 2023 after 125 years of operation and is currently being redeveloped by Real Estate Collaborative. (07/09/2025)
- Fire at abandoned Carlisle steel factory spotted by passing helicopter - Fire officials said a quick response time after a helicopter spotted the fire prevented a potentially larger blaze at the vacant industrial building. (07/09/2025)
- Building a champion - The foundry industry in the U.S. isn’t what most would consider a growth sector. But Wisconsin Aluminum Foundry, or WAF, of Manitowoc, Wisconsin, a vertically integrated nonferrous foundry that consumes recycled aluminum, is bucking that trend. (07/08/2025)
- ‘Nail in a coffin’: Trump’s steel, aluminum tariffs bleed Indian foundries - The small ancillary units that depend on steel and aluminium exporters for their income are especially hard hit. (07/07/2025)
- Creating a Metal Foundry at Home: DIY Guide to Building a Steel Melting Furnace - In this detailed DIY guide, we show you how to build your own metal foundry and steel melting furnace from scratch,perfect for hobbyists, blacksmiths, and metalworking enthusiasts. A personal foundry gives you the power to melt metals like steel, (07/06/2025)
- Basic Iron and Steel Manufacture and Wholesale in South Africa 2025 ... - Foundries are investing in technology solutions like 3D printing and robotics to become more competitive. Imports of steel flats are growing. Steel demand locally and globally remains low. (06/11/2025)
- Texmaco Rail rises after bagging wagon supply order from Ministry of Railways - As per the terms of the order, the company would manufacture and supply 8 rakes of flat multi-purpose wagons within a period of 6 months. (05/29/2025)
- Trump Appears to Approve Nippon-US Steel Deal - The partnership will keep US Steel’s headquarters in Pittsburgh and reportedly retain US control of the company. (05/27/2025)
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