NIC 467203 classifies wholesale of ferrous metals in primary forms (e.g., iron, steel ingots, billets) as a final six-digit trade activity under Section G and Division 46. Use it when this activity is the main source...
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This code typically applies to:
Source: NCO-2015-OFFICIAL, 2026-05-12
NIC 467203 is the final six-digit endpoint for Wholesale of ferrous metals in primary forms (e.g., iron, steel ingots, billets). It should be selected only when the enterprise's primary trade activity matches this title more closely than 467201 Wholesale of ferrous metal ores, 467202 Wholesale of non-ferrous metal ores, 467204 Wholesale of non-ferrous metals in primary forms (e.g., aluminum, copper, zinc, lead).
Choose 467203 only when operations, invoices and revenue narrative align with Wholesale of ferrous metals in primary forms (e.g., iron, steel ingots, billets). If the activity also includes 467201 Wholesale of ferrous metal ores, 467202 Wholesale of non-ferrous metal ores, 467204 Wholesale of non-ferrous metals in primary forms (e.g., aluminum, copper, zinc, lead), compare those pages before filing.
Trade codes apply when goods are bought and resold without transformation. If the business manufactures the goods, use the relevant manufacturing Division. If it sells directly to consumers, compare retail codes.
Look at the buyer type, product family and sales channel. Compare 467201 Wholesale of ferrous metal ores, 467202 Wholesale of non-ferrous metal ores, 467204 Wholesale of non-ferrous metals in primary forms (e.g., aluminum, copper, zinc, lead) before deciding whether the activity is wholesale, retail or a more specialized trade category.
Check the parent hierarchy, compare 467201 Wholesale of ferrous metal ores, 467202 Wholesale of non-ferrous metal ores, 467204 Wholesale of non-ferrous metals in primary forms (e.g., aluminum, copper, zinc, lead), and confirm that the official title matches the main revenue activity. For regulated or filing-critical decisions, verify the source row in the MoSPI dataset.
A wrong code can cause mismatched business descriptions, follow-up questions or later compliance cleanup. It is better to compare nearby codes before filing than to correct a weak classification later.
Use the legacy converter only as a migration aid. Old NIC 2008 matches can suggest where to look, but NIC 2025 should remain the primary reference for new code selection.
NIC 467203 should be selected only when the official title matches the main revenue-generating activity. If the business also trades, transports, processes, installs or supports the same product or service, compare nearby NIC pages before filing. This reduces the risk of choosing a code that describes the product being handled rather than the activity your enterprise actually performs.
Official NIC 2025 Excel and PDF from MoSPI.
2026-04-21 from the generated NIC 2025 source layer used in this build.
This is an independent reference tool. Verify filing-critical decisions in official sources.