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NAICS 332111: Iron and Steel Forging

Iron and Steel Forging is NAICS code 332111. A business is small under it with 750 employees or fewer. 5 federal contracts are open on SAM.gov under this code right now.

SBA size standard
750 employees or fewer
Open contracts now
5
Federal spending, FY2025
$24.3 million
Share won by small businesses
16%
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Open federal contracts for iron and steel forging

What NAICS 332111 covers

The Census Bureau's NAICS index lists these kinds of work under 332111:

  • Cold forgings made from purchased iron or steel, unfinished
  • Drop forgings made from purchased iron or steel, unfinished
  • Ferrous forgings made from purchased iron or steel, unfinished
  • Forgings made from purchased iron or steel, unfinished
  • Gun forgings made from purchased iron or steel, unfinished
  • Hammer forgings made from purchased iron or steel, unfinished
  • Horseshoes, ferrous forged, made from purchased iron or steel
  • Hot forgings made from purchased iron or steel, unfinished
  • Iron forgings made from purchased iron, unfinished
  • Press forgings made from purchased iron or steel, unfinished
  • Steel forgings made from purchased steel, unfinished
  • Upset forgings made from purchased iron or steel, unfinished

Read the full definition, including what's excluded, on census.gov.

SBA size standard for 332111

To count as a small business for a contract assigned NAICS 332111, your business must have 750 employees or fewer. Employees are averaged over the last 24 months.

From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.

Who buys iron and steel forging

Agencies that awarded the most under NAICS 332111 over the last three fiscal years, per USAspending.gov:

AgencyObligated
Department of the Army$186.5 million
U.S. Coast Guard$24.8 million
Defense Logistics Agency$17 million
Department of the Navy$2.1 million
Federal Acquisition Service$760,293
Department of the Air Force$376,145
Department of State$239,227
Saint Lawrence Seaway Development Corporation$126,850

Open notices right now come from Dept of Defense (5).

Set-asides on open 332111 contracts

  • No set-aside (full and open): 2
  • Total small business set-aside: 2
  • Women-owned set-aside: 1

Not sure which set-asides you qualify for? Try the free SBA certification screener, or read set-aside contracts, explained.

Federal spending under 332111 by year

Fiscal yearContract obligations
FY2024$37 million
FY2025$24.3 million
FY2026$170.7 million
FY2027 (so far)$0

Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.

Related NAICS codes

Frequently asked questions

What is NAICS code 332111?

332111 is the 2022 NAICS code for Iron and Steel Forging. The Census Bureau's index lists work such as cold forgings made from purchased iron or steel, unfinished, drop forgings made from purchased iron or steel, unfinished, ferrous forgings made from purchased iron or steel, unfinished under it. Federal contracting uses the 2022 codes.

What is the SBA size standard for NAICS 332111?

750 employees or fewer. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.

Are there government contracts for iron and steel forging?

Yes. 5 federal contract opportunities under NAICS 332111 are open on SAM.gov right now. Agencies obligated about $24.3 million under this code in fiscal year 2025, according to USAspending.gov.

How do I add NAICS code 332111 to my SAM.gov registration?

Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.

Keep going

FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.