Industry Description
This industry comprises establishments primarily engaged in (1) erecting and assembling structural parts made from steel or precast concrete (e.g., steel beams, structural steel components, and similar products of precast concrete) and/or (2) assembling and installing other steel construction products (e.g., steel rods, bars, rebar, mesh, and cages) to reinforce poured-in-place concrete. The work performed may include new work, additions, alterations, maintenance, and repairs.
Illustrative Examples:
Concrete product (e.g., structural precast, structural prestressed) installation
Rebar contractors
Erecting structural steel
Reinforcing steel contractors
Placing and tying reinforcing rod at a construction site
Structural steel contractors
Precast concrete panel, slab, or form installation
Cross-References.
Business Examples
Common types of business activities within NAICS 238120 - Structural Steel and Precast Concrete Contractors are:
- Steel reinforcing contractors
- Concrete reinforcement placement
- Precast concrete panel, slab, or form installation
- Curtain wall, precast concrete, installation
- Placing and tying reinforcing rod at a construction site
- Prestressed concrete beam, slab or other component installation
- Balcony, precast concrete, installation
- Reinforcing steel contractors
- Rebar contractors
- Structural steel erecting or iron work contractors
- Erecting structural steel
- Iron work, structural, contractors
- Reinforcing rod, bar, mesh and cage installation
- Stairway, precast concrete, installation
- Concrete product (e.g., structural precast, structural prestressed) installation
IBISWorld Industry Research Report
Steel Framing in the US (23812)
Revenue 2026
$27.4bn
Growth 2026
1.18%
Key Trends
The industry is in a vulnerable position due to its conformity to macroeconomic trends
Steel framing companies are often contracted by local and federal government for their services
The price of steel is forecast to consistently fall
Products and Services
Similar Industries
For some business types, there may be a similar industry to 238120 - Structural Steel and Precast Concrete Contractors that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Establishments primarily engaged in pouring concrete at the construction site for building foundations or structural elements are classified in Industry 238110, Poured Concrete Foundation and Structure Contractors.
IBISWorld industry research report
NAICS Hierarchy 238120 - Structural Steel and Precast Concrete Contractors
NAICS Code 238120 - Structural Steel and Precast Concrete Contractors sits in the 2-digit Structural Steel and Precast Concrete Contractors sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 23
Sector Title: Construction
3 Digits 4 Digits 5 Digits 6 Digits
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2361 Residential Building Construction
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2362 Nonresidential Building Construction
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23621 Industrial Building Construction
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23622 Commercial and Institutional Building Construction
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2371 Utility System Construction
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23711 Water and Sewer Line and Related Structures Construction
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23712 Oil and Gas Pipeline and Related Structures Construction
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23713 Power and Communication Line and Related Structures Construction
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2372 Land Subdivision
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23721 Land Subdivision
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2373 Highway, Street, and Bridge Construction
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23731 Highway, Street, and Bridge Construction
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2379 Other Heavy and Civil Engineering Construction
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23799 Other Heavy and Civil Engineering Construction
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2381 Foundation, Structure, and Building Exterior Contractors
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23811 Poured Concrete Foundation and Structure Contractors
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23812 Structural Steel and Precast Concrete Contractors
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23813 Framing Contractors
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23814 Masonry Contractors
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23815 Glass and Glazing Contractors
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23816 Roofing Contractors
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23817 Siding Contractors
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23819 Other Foundation, Structure, and Building Exterior Contractors
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2382 Building Equipment Contractors
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23821 Electrical Contractors and Other Wiring Installation Contractors
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23822 Plumbing, Heating, and Air-Conditioning Contractors
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23829 Other Building Equipment Contractors
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2383 Building Finishing Contractors
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23831 Drywall and Insulation Contractors
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23832 Painting and Wall Covering Contractors
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23833 Flooring Contractors
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23834 Tile and Terrazzo Contractors
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23835 Finish Carpentry Contractors
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23839 Other Building Finishing Contractors
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2389 Other Specialty Trade Contractors
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23891 Site Preparation Contractors
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23899 All Other Specialty Trade Contractors
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NAICS Resources
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