Copper & Nonferrous Metal Smelting & Refining Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry comprises establishments primarily engaged in (1) smelting ores into nonferrous metals and/or (2) the primary refining of nonferrous metals (except aluminum) by electrolytic methods or other processes.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Copper and Nonferrous Metal Smelting and Refining industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
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| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
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Market Size (Total Revenue) | Included in Report |
% Growth Rate |
Number of Companies |
Total Employees |
Average Revenue per Company |
Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)

Industry Forecast ($ Billions)

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Copper & Nonferrous Metal Smelting & Refining companies in the United States.
Copper & Nonferrous Metal Smelting & Refining Revenue by State

Distribution by Company Size
Company Size | All Industries | Copper & Nonferrous Metal Smelting & Refining |
---|
Small Business (< 5 Employees) | Included |
Small Business (5 - 20) |
Midsized Business (20 - 100) |
Large Business (100 - 500) |
Enterprise (> 500) |
Copper & Nonferrous Metal Smelting & Refining Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
---|
Total Revenue | Included |
Operating Revenue |
Cost of Goods Sold (COGS) |
Gross Profit |
Operating Expenses |
Operating Income |
Non-Operating Income |
Earnings Before Interest and Taxes (EBIT) |
Interest Expense |
Earnings Before Taxes |
Income Tax |
Net Profit |
Average Income Statement

Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
Financial Ratio | Industry Average |
---|
Profitability Ratios | Included |
Profit Margin |
ROE |
ROA |
Liquidity Ratios |
Current Ratio |
Quick Ratio |
Activity Ratios |
Average Collection Period |
Asset Turnover Ratio |
Receivables Turnover Ratio |
Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Copper & Nonferrous Metal Smelting & Refining industry accounting for the largest revenue sources.
Product Description | Description | Revenue ($ Millions) |
---|
Primary smelting and refining of copper | Included |
Refined primary Cu/Cu-base alloy/primary Cu smelter products |
Primary nonferrous metal, except Cu and Al |
Primary smelting and refining of zinc |
Refined primary unalloyed zinc slab/zinc-base alloy |
Refined primary unalloyed zinc, incl. all ASTM spec. zinc |
Refined primary zinc-base alloys |
Primary smelting and refining of zinc, nsk |
Primary precious metals and precious metal alloys |
Primary gold and gold alloys |
Salary information for employees working in the Copper & Nonferrous Metal Smelting & Refining industry.
Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|
Management Occupations | 6% | Included |
Chief Executives | 0% |
General and Operations Managers | 2% |
Architecture and Engineering Occupations | 5% |
Office and Administrative Support Occupations | 8% |
Installation, Maintenance, and Repair Occupations | 9% |
Other Installation, Maintenance, and Repair Occupations | 8% |
Production Occupations | 56% |
Metal Workers and Plastic Workers | 37% |
Forming Machine Setters, Operators, and Tenders, Metal and Plastic | 12% |
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic | 10% |
Metal Furnace Operators, Tenders, Pourers, and Casters | 8% |
Metal-Refining Furnace Operators and Tenders | 6% |
Other Production Occupations | 12% |
Miscellaneous Production Workers | 5% |
Transportation and Material Moving Occupations | 6% |
Government Contracts
The federal government spent an annual total of
$323,936,661 on the copper & nonferrous metal smelting & refining industry. It has awarded 54 contracts to 14 companies, with an average value of $23,138,333 per company.
Top Companies in Copper & Nonferrous Metal Smelting & Refining and Adjacent Industries
Company | Address | Revenue ($ Millions) |
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Included |