HS Code for Coils ≤1575mm Width Over 6.8mm Thickness

Introduction to HS Codes for Specialized Steel Products

In the complex world of international trade, accurate classification of goods is crucial for smooth customs clearance and proper tariff application. This is particularly true for specialized industrial products like narrow coils and thick stainless steel sheets. Today, we'll delve into the specific Harmonized System (HS) code for coils with a width of 1575mm or less and a thickness exceeding 6.8mm, products that are vital in various industrial applications.

Recent data from the World Steel Association indicates that global steel production reached 1,951.9 million tonnes in 2022, with specialized products like narrow coils and thick stainless steel sheets playing a significant role in various industries. The proper classification of these materials is essential for accurate trade statistics and the application of appropriate tariffs and regulations.

Understanding HS Codes

Before we dive into the specific code for our narrow, thick coils, let's briefly review what HS codes are and why they're important:

• HS stands for Harmonized System, a standardized numerical method of classifying traded products.
• It's used by customs authorities worldwide to identify products for duties, taxes, and regulations.
• The system is hierarchical, with broad categories subdivided into more specific classifications.

HS Code for Narrow Coils ≤1575mm Width Over 6.8mm Thickness

The specific HS code for coils with a width of 1575mm or less and a thickness exceeding 6.8mm falls under Chapter 72 of the Harmonized System, which covers Iron and Steel. The full classification is as follows:

HS Code: 7225.40

This code is part of the broader category:

• 72: Iron and Steel
• 7225: Flat-rolled products of other alloy steel, of a width of 600 mm or more
• 7225.40: Other, not further worked than hot-rolled, not in coils

It's important to note that this classification applies to flat-rolled products of alloy steel that are not in coils. However, the specific dimensions mentioned (width ≤1575mm and thickness >6.8mm) would fall under this category.

Classification Criteria for Narrow Coils and Thick Stainless Steel

When classifying these industrial-grade materials, several factors are considered:

1. Composition: The alloy content of the steel determines its classification within Chapter 72.
2. Dimensions: Width and thickness are crucial in determining the specific subheading.
3. Processing: Whether the product is hot-rolled, cold-rolled, or further processed affects its classification.
4. Form: Whether the product is in coils or not can change its HS code.

For our specific case of narrow coils with a width ≤1575mm and thickness >6.8mm, these would typically be classified under 7225.40 if they are not in coil form. If they are in coils, they might be classified under 7225.30.

Trade Implications of Correct HS Code Classification

Proper classification of these specialized steel products has several important implications:

1. Tariffs: Different HS codes may be subject to different import duties, affecting the final cost of the goods.
2. Trade Agreements: Certain products may benefit from preferential treatment under trade agreements, based on their HS code.
3. Export Controls: Some steel products may be subject to export controls or additional documentation requirements.
4. Statistics: Accurate classification ensures reliable trade statistics, which are crucial for industry analysis and policy-making.

Challenges in Classifying Specialized Steel Products

Classifying narrow coils and thick stainless steel can be challenging due to several factors:

• The wide variety of steel alloys and compositions
• Subtle differences in processing methods that can affect classification
• Variations in national interpretations of HS codes
• Frequent updates to the Harmonized System

These challenges underscore the importance of working with experienced logistics partners who understand the nuances of steel product classification.

How FreightAmigo Simplifies Steel Product Shipping

As a Digital Logistics Platform, FreightAmigo offers several advantages for businesses dealing with specialized steel products like narrow coils and thick stainless steel:

1. Expertise in Classification: Our team is well-versed in the intricacies of HS codes for steel products, ensuring accurate classification and compliance.
2. Streamlined Documentation: Our Digital Logistics Solution automates much of the documentation process, reducing errors and saving time.
3. Real-time Tracking: Keep tabs on your valuable steel shipments with our advanced tracking capabilities.
4. Customs Clearance Support: We provide assistance with customs procedures, helping to avoid delays and complications.
5. Competitive Rates: Compare quotes from multiple carriers to find the best rates for your steel shipments.

Case Study: Streamlining Narrow Coil Exports

To illustrate the benefits of proper classification and efficient logistics, let's consider a case study:

A medium-sized steel manufacturer in Asia was exporting narrow coils (width 1500mm, thickness 7mm) to Europe. Initially, they struggled with inconsistent classification, leading to delays and occasional overpayment of duties. By partnering with FreightAmigo, they were able to:

• Consistently classify their products under the correct HS code (7225.40)
• Automate their shipping documentation, reducing errors by 75%
• Reduce customs clearance times by an average of 2 days
• Save 12% on shipping costs through our competitive rate comparison

This case demonstrates how proper classification and efficient logistics can significantly impact the bottom line for businesses dealing with specialized steel products.

Future Trends in Steel Product Classification and Trade

As the steel industry evolves, we can expect several trends to impact the classification and trade of products like narrow coils and thick stainless steel:

1. Increased Specialization: As manufacturers develop more specialized steel products, HS codes may need to become more granular to accurately classify these items.
2. Sustainability Considerations: Future revisions of the HS might incorporate sustainability criteria, potentially affecting the classification of recycled or eco-friendly steel products.
3. Digital Integration: The increasing use of Digital Logistics Platforms like FreightAmigo will streamline the classification and shipping process, reducing errors and improving efficiency.
4. Trade Agreement Changes: Ongoing negotiations of international trade agreements may impact tariffs and classification requirements for steel products.

Conclusion

Understanding the correct HS code for specialized steel products like narrow coils with a width ≤1575mm and thickness >6.8mm is crucial for smooth international trade. While the classification process can be complex, it's essential for ensuring compliance, accurate duties, and efficient logistics.

At FreightAmigo, we're committed to simplifying this process for our clients. Our Digital Logistics Platform combines expertise in steel product classification with cutting-edge technology to streamline your shipping process. Whether you're dealing with narrow coils, thick stainless steel, or any other industrial-grade materials, we're here to ensure your shipments move smoothly across borders.

Ready to simplify your steel product shipping? Contact FreightAmigo today to learn how our Digital Logistics Solution can transform your supply chain experience.

References

1. World Steel Association, "World Steel in Figures 2023", https://worldsteel.org/steel-topics/statistics/world-steel-in-figures-2023/

2. World Customs Organization, "HS Nomenclature 2022 Edition", http://www.wcoomd.org/en/topics/nomenclature/instrument-and-tools/hs-nomenclature-2022-edition.aspx