HS Code for Hot-Rolled Stainless Steel Plate

Introduction to HS Codes and Steel Imports

In the complex world of international trade, understanding the Harmonized System (HS) codes is crucial, especially when dealing with materials like hot-rolled stainless steel plate. These codes play a vital role in the global steel industry, affecting everything from tariffs to trade statistics. As the steel market continues to evolve, staying informed about the correct HS codes can make a significant difference in your import and export operations.

Recent data from the World Steel Association shows that global steel production reached 1,951.9 million tonnes in 2021, with hot-rolled products accounting for a substantial portion of this output. This underscores the importance of accurate HS code classification for hot-rolled stainless steel plate and other heavy metal products in international trade.

Understanding HS Codes for Hot-Rolled Stainless Steel Plate

Hot-rolled stainless steel plate falls under Chapter 72 of the Harmonized System, which covers iron and steel products. The specific HS code for hot-rolled stainless steel plate can vary depending on the exact composition and dimensions of the product. However, the most common HS codes for these materials are:

• 7219.11: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, in coils, of a thickness exceeding 10 mm
• 7219.12: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, in coils, of a thickness of 4.75 mm or more but not exceeding 10 mm
• 7219.13: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, in coils, of a thickness of 3 mm or more but less than 4.75 mm
• 7219.14: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, in coils, of a thickness of less than 3 mm

For hot-rolled stainless steel plates that are not in coils, the following HS codes apply:

• 7219.21: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, not in coils, of a thickness exceeding 10 mm
• 7219.22: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, not in coils, of a thickness of 4.75 mm or more but not exceeding 10 mm
• 7219.23: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, not in coils, of a thickness of 3 mm or more but less than 4.75 mm
• 7219.24: Flat-rolled products of stainless steel, of a width of 600 mm or more, hot-rolled, not in coils, of a thickness of less than 3 mm

Importance of Correct HS Code Classification

Accurate classification of hot-rolled stainless steel plate under the correct HS code is crucial for several reasons:

1. Tariff Determination: Different HS codes may be subject to different tariff rates, impacting the overall cost of importing or exporting the product.
2. Regulatory Compliance: Proper classification ensures compliance with trade regulations and helps avoid potential legal issues or delays in customs clearance.
3. Trade Statistics: Accurate HS codes contribute to reliable international trade statistics, which are essential for industry analysis and policy-making.
4. Trade Agreements: Some trade agreements may offer preferential treatment for specific HS codes, making correct classification vital for maximizing benefits.

Challenges in Classifying Hot-Rolled Stainless Steel Plate

While the HS codes for hot-rolled stainless steel plate may seem straightforward, there can be challenges in classification due to various factors:

• Alloy Composition: Stainless steel plates with different alloy compositions may fall under different HS codes.
• Dimensions: The thickness and width of the plate play a crucial role in determining the correct HS code.
• Processing Method: The specific hot-rolling process used can affect classification.
• End-Use: In some cases, the intended application of the steel plate may influence its classification.

Impact of HS Codes on Steel Imports

The classification of hot-rolled stainless steel plate under specific HS codes can have significant implications for steel imports:

1. Tariffs and Duties: Different HS codes may be subject to varying tariff rates, affecting the overall cost of importing steel products.
2. Trade Remedies: Anti-dumping and countervailing duties are often applied based on HS codes, potentially impacting the competitiveness of imported steel.
3. Import Quotas: Some countries impose import quotas on specific steel products, which are typically based on HS codes.
4. Trade Agreements: Preferential treatment under free trade agreements may be available for certain HS codes, potentially reducing or eliminating tariffs.

Recent Developments in Steel Imports and HS Codes

The global steel industry has seen significant changes in recent years, with implications for HS codes and trade policies:

• Section 232 Tariffs: The United States implemented Section 232 tariffs on steel imports in 2018, affecting various HS codes related to steel products, including hot-rolled stainless steel plate.
• EU Safeguard Measures: The European Union has implemented safeguard measures on certain steel products, using HS codes to define product categories subject to quotas.
• Changes in Global Supply Chains: The COVID-19 pandemic and geopolitical tensions have led to shifts in global steel supply chains, potentially affecting the volume of trade in specific HS code categories.

Best Practices for HS Code Classification of Hot-Rolled Stainless Steel Plate

To ensure accurate classification of hot-rolled stainless steel plate, consider the following best practices:

1. Consult Experts: Work with customs brokers or trade compliance specialists who have expertise in steel product classification.
2. Stay Informed: Keep up-to-date with any changes to HS codes or related trade policies that may affect hot-rolled stainless steel plate.
3. Detailed Product Information: Maintain comprehensive records of product specifications, including dimensions, alloy composition, and processing methods.
4. Utilize Technology: Consider using automated classification tools or databases to assist in determining the correct HS code.
5. Regular Reviews: Conduct periodic reviews of your HS code classifications to ensure ongoing accuracy and compliance.

How FreightAmigo Can Support Your Steel Import Operations

As a leading digital logistics platform, FreightAmigo offers comprehensive solutions to streamline your hot-rolled stainless steel plate imports and other heavy metal shipments:

1. Efficient Quote Comparison: Our platform allows you to compare door-to-door freight quotes for various transportation modes, helping you find the most cost-effective option for your steel imports.
2. Real-Time Shipment Tracking: With connections to over 1000 reputable airlines and shipping lines, we provide real-time tracking of your hot-rolled stainless steel plate shipments, ensuring transparency throughout the supply chain.
3. Customs Clearance Support: Our expertise in customs procedures can help ensure smooth clearance of your steel imports, minimizing delays and potential issues related to HS code classification.
4. Cargo Insurance: Protect your valuable hot-rolled stainless steel plate shipments with our cargo insurance options, providing peace of mind throughout the transportation process.
5. Automated Documentation: Our system can help automate shipment documents, reducing errors and saving time in the import process.
6. 24/7 Expert Support: Our logistics experts are available round-the-clock to assist with any questions or concerns regarding your steel imports, including HS code classification.

Conclusion

Understanding and correctly applying HS codes for hot-rolled stainless steel plate is crucial for successful international trade in the steel industry. As global markets continue to evolve and trade policies shift, staying informed about HS code classifications and their implications is more important than ever.

By leveraging the power of FreightAmigo's digital logistics platform, businesses can navigate the complexities of steel imports with greater ease and efficiency. From quote comparison to customs clearance support, our comprehensive solutions are designed to optimize your supply chain and ensure smooth operations in the ever-changing landscape of international steel trade.

Whether you're a seasoned importer or new to the steel industry, FreightAmigo is here to support your logistics needs and help you make the most of your hot-rolled stainless steel plate imports. Contact us today to learn more about how we can transform your logistics experience and drive your business forward in the competitive world of steel trade.

References

World Steel Association, "World Steel in Figures 2022", https://worldsteel.org/steel-topics/statistics/world-steel-in-figures-2022/

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