CAEN Code Rev. 3

241

Manufacture of basic iron and steel and of ferro-alloys

EU NACE Equivalent: NACE Rev. 3 — 241

This division covers the manufacture of steel and ferro-alloys, from raw materials (iron ore, scrap metal) to intermediate products such as ingots, blooms, or billets. It forms the basis of the supply chain for construction, automotive, and heavy machinery industries.

Entrepreneur Profile

This CAEN code 241 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on manufacture of basic iron and steel and of ferro-alloys. It is ideal for founders aiming to offer specialized services or products in this economic niche within the Romanian market.

Who should avoid:

Avoid the exclusive use of code 241 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.

The steel industry represents a pillar of the Romanian economy

and the activities included in CAEN class 241 – 'Manufacture of basic iron and steel and of ferro-alloys' – form the foundation of the steel production chain. This category includes essential processes such as the manufacture of pig iron, steel in primary forms (ingots, blooms, billets), and ferro-alloys – special alloys used to improve steel properties. In Romania, the steel sector underwent a profound transformation after 1990, moving from large state-owned combines to privatized, technologically modernized structures, yet facing challenges related to energy costs and international competition. Entrepreneurs operating in this niche must manage complex raw material flows, comply with strict environmental regulations, and continuously invest in energy efficiency. The production of ferro-alloys, although a niche, is vital for the global metallurgical industry, and Romania still holds significant potential due to existing resources and expertise. In the macroeconomic context, steel demand is directly correlated with the evolution of the construction and infrastructure sectors, making this division an indicator of economic health. However, pressures related to decarbonization and the transition to a green economy require major investments in low-emission technologies, representing both a challenge and an opportunity for entrepreneurs in this field.


Included Activities

  • ✅ Production of pig iron and steel in primary forms (blooms, ingots)
  • ✅ Production of ferro-alloys (ferromanganese, ferrosilicon, etc.)
  • ✅ Production of semi-finished steel products
  • ✅ Recovery and processing of ferrous scrap for steelmaking
  • ✅ Production of tubes, pipes, and profiles from steel (in integrated steelworks)
  • ✅ Operation of electric furnaces and converters for steelmaking

Excluded Activities

  • ❌ Manufacture of finished castings (foundry work)
  • ❌ Manufacture of metal structures (structural metal products)
  • ❌ Production of iron and steel in non-ferrous forms (aluminium, copper, etc.)
  • ❌ Retail trade of steel products
  • ❌ Separate recycling activities of ferrous metals (waste collection)

Întrebări Frecvente

What type of companies can use CAEN code 241?

Any legal entity in Romania (SRL, PFA, Individual Enterprise) performing activities related to "manufacture of basic iron and steel and of ferro-alloys" is required to have this code authorized in its articles of incorporation or at the Trade Register.

Are special permits required for CAEN 241?

The need for permits depends on the exact nature of the operations carried out under class 241. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.