NAICS 33122Industry · 5-digitinternational market

Rolling and drawing of purchased steel

This industry comprises establishments primarily engaged in drawing wire or rolling sheets, strips and bars from purchased iron or steel. — Statistics Canada, NAICS 2022A

Establishments · CanadaA
63
with employees · summed from 6-digit industries
Under 10 employeesA
44%
most common size: 10–19
Establishments · USA
449
Employment · USA
27,905
62 per establishment
Payroll · USA
$2.0B
$73k per employee
01

Size and shape

How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.

Canadian establishments by number of employeesA

1–41321%
5–91524%
10–191625%
20–49813%
50–9923%
100–19958%
200–49946%
500+0—

Of 63 Canadian establishments with employees, 44% have fewer than ten — an industry where large establishments carry real weight.

Where they areA

Ontario3352%
Quebec914%
British Columbia813%
Alberta711%

Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.

How many new establishments are still tradingA
Manufacturing, US · opened 2020
86.2%
1 year
70.8%
3 years
58.4%
5 years
45.3%
10 years
opened 2015

Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.

02

How businesses here compete

The structural profile of subsector 331, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.

international competitionhigh capitalUNVERIFIEDinherited from 331 Primary metal manufacturing

Not an entry market. Foundries are the reachable fringe and are closing faster than they open.

Who sets the price
Global metal markets and trade policy.
The software it runs on
Process and plant-control systems.
03

Market screens and studies

Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.

Screened one level up. Nothing is filed at this exact code; the screen for 3312 Steel product manufacturing from purchased steel covers it.

Operating businessScreenedfiled at 3312
Steel Wire & Tube Conversion PlantOne thing must be true
binding constraint: defensibility

The pre-screen cut this on capital — "rolling and finishing plant". That is half right. A wire-drawing line or a tube mill is real money, but it is an order of magnitude below a steel mill, and the size bands show it: 112 of the 180 Canadian establishments, 62%, have fewer than twenty employees. People do own small plants in this group. The better question is what such a plant earns, and one Canadian company answers it in public. Tree Island Steel of Richmond, B.C. has drawn wire from purchased rod since 1964 — galvanized wire, nails, reinforcing mesh, fencing. In 2025 it reported revenue of C$161.8M, down from C$207.0M, and gross profit of C$9.5M — a gross margin under 6% — with adjusted EBITDA of C$3.0M and a net loss of C$5.3M, after a C$4.1M loss in 2024 [A]. It cut 27% of its workforce, withdrew from unprofitable product lines, suspended its dividend, and attributes the decline to expanded US tariffs on wire products [A]. That is the mechanism. A converter buys its steel from mills and sells a product defined by a standard, so its margin is the spread between two prices it does not set: rod or coil on one side, and on the other a finished-wire or tube price anchored by imports and by mills that convert their own steel downstream. Sixty years of operating history, brands and two countries of plant did not protect that spread. An entrant would have the same suppliers, the same standards and none of the history. Pipe and tube for energy markets follows drilling cycles and was not separately examined.

NAICS 33125 vendors named10 sourced figuresOpen →
04

Software serving this industry

The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.

No vertical software market has been recorded along this branch. What the subsector typically runs on: Process and plant-control systems.

Catalogued categories — named, not analysed

05

Who works here

The occupations employed in Manufacturing, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.

And the jobs every business has

Found across at least fourteen of the twenty sectors. In a small establishment several of these are usually one person, or an outside provider.

All 162 occupations →

06

Inside this industry

2 rows sit directly beneath 33122. Each has a base report of its own.

CodeIndustryEstablishments · CAWhat is known
331221Cold-rolled steel shape manufacturing48screened at 3312
331222Steel wire drawing15screened at 3312

Alongside it, under 3312 Steel product manufacturing from purchased steel

CodeIndustryEstablishments · CAWhat is known
33121Iron and steel pipes and tubes manufacturing from purchased steel117screened at 3312