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In the world of international trade and logistics, understanding Harmonized System (HS) codes is crucial for smooth customs clearance and accurate tariff classification. This is especially true for materials used in construction and manufacturing, such as metal sheets. In this article, we'll explore the HS code for strips of base metal agglomerated and its significance in the construction and manufacturing industries.
Recent data from the World Steel Association shows that global steel production reached 1,951.9 million tonnes in 2021, a 3.7% increase from 2020. This growth underscores the importance of metal sheets in various industries, including construction and manufacturing. As these sectors continue to expand, understanding the proper classification of metal products becomes increasingly vital for businesses involved in international trade.
The Harmonized System, developed and maintained by the World Customs Organization (WCO), is a standardized numerical method for classifying traded products. It serves as a universal language for customs authorities worldwide, enabling efficient processing of goods and collection of trade statistics.
HS codes are structured in a hierarchical manner, typically consisting of six digits:
Many countries add additional digits for further classification, resulting in 8-, 10-, or even 12-digit codes for more specific product descriptions.
The HS code for strips of base metal agglomerated falls under Chapter 72 of the Harmonized System, which covers "Iron and Steel." More specifically, these products are classified under heading 7210, which encompasses "Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated."
The full 6-digit HS code for strips of base metal agglomerated is 7210.90. This subheading covers "Other" products within the 7210 heading, which includes various types of coated or plated flat-rolled steel products.
It's important to note that the exact classification may vary depending on the specific composition and manufacturing process of the metal strips. Importers and exporters should consult with customs experts or use official resources to ensure accurate classification.
Metal sheets, including strips of base metal agglomerated, play a crucial role in both the construction and manufacturing industries. Their versatility, durability, and cost-effectiveness make them essential materials for a wide range of applications.
In the construction sector, metal sheets are used for various purposes, including:
The use of metal sheets in construction has been growing steadily. According to a report by Grand View Research, the global metal roofing market size was valued at USD 24.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2021 to 2028. This growth is driven by factors such as durability, energy efficiency, and aesthetic appeal of metal roofing materials.
In the manufacturing industry, metal sheets are utilized in the production of numerous products, including:
The automotive industry, in particular, is a significant consumer of metal sheets. With the global push towards electric vehicles, the demand for lightweight yet strong materials is increasing. A report by McKinsey & Company predicts that the use of advanced high-strength steel in vehicles will grow at a CAGR of 13% between 2017 and 2025.
While metal sheets are essential for many industries, trading these materials internationally can present several challenges:
The steel industry is often subject to complex tariffs and trade policies. For example, in 2018, the United States imposed a 25% tariff on steel imports from many countries under Section 232 of the Trade Expansion Act. Such measures can significantly impact the cost and availability of metal sheets in international markets.
Different countries may have varying quality standards for metal products. Ensuring compliance with these standards while maintaining cost-effectiveness can be challenging for manufacturers and exporters.
Metal sheets are heavy and can be prone to damage during transport. Proper packaging and handling are crucial to ensure the products arrive in good condition.
The steel industry is global, and prices are often quoted in US dollars. Currency fluctuations can significantly impact the cost of metal sheets for importers and exporters.
Increasing focus on sustainability has led to stricter environmental regulations in many countries. Steel manufacturers must adapt to these regulations while maintaining competitiveness.
At FreightAmigo, we understand the complexities involved in the international trade of metal sheets and other construction and manufacturing materials. Our Digital Logistics Platform offers comprehensive solutions to address these challenges:
Our platform automates the generation of shipping documents, including accurate HS code information. This helps ensure smooth customs clearance and reduces the risk of delays or penalties due to misclassification.
We provide access to competitive door-to-door freight quotes for various transportation modes, including sea freight, which is often preferred for heavy materials like metal sheets. This allows businesses to optimize their shipping costs.
Our platform connects with over 1000 reputable airlines and shipping lines, providing real-time shipment tracking. This visibility helps businesses better manage their supply chains and plan for potential delays.
We offer cargo insurance options to protect valuable shipments of metal sheets and other materials against potential damage or loss during transit.
Our 24/7 logistics expert support team is always available to assist with any queries or issues that may arise during the shipping process.
We provide access to trade finance options, helping businesses manage cash flow challenges associated with international trade.
Understanding HS codes, such as the one for strips of base metal agglomerated (7210.90), is crucial for businesses involved in the international trade of metal sheets and other construction and manufacturing materials. These codes play a vital role in ensuring smooth customs clearance, accurate tariff calculation, and compliance with trade regulations.
As the construction and manufacturing industries continue to grow and evolve, the demand for efficient and cost-effective logistics solutions will only increase. FreightAmigo's Digital Logistics Platform is designed to meet these needs, providing a comprehensive suite of tools and services to streamline the international shipping process.
By leveraging our platform, businesses can navigate the complexities of global trade more effectively, from accurate HS code classification to real-time shipment tracking and beyond. This enables companies to focus on their core competencies while we handle the intricacies of international logistics.
In an increasingly interconnected global economy, having a reliable logistics partner is more important than ever. FreightAmigo is committed to providing innovative solutions that empower businesses to thrive in the competitive world of international trade.
World Steel Association, "Global crude steel output increases by 3.7% in 2021", https://worldsteel.org/media-centre/press-releases/2022/global-crude-steel-output-increases-by-3-7-in-2021/
Grand View Research, "Metal Roofing Market Size, Share & Trends Analysis Report By Product (Tiles & Panels, Standing Seam), By Application (Residential, Non-Residential), By Region, And Segment Forecasts, 2021 - 2028", https://www.grandviewresearch.com/industry-analysis/metal-roofing-market
McKinsey & Company, "Lightweight, heavy impact", https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/lightweight-heavy-impact