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HS Code for No. 1 Bundled Steel Scrap
Author: Ivy Tse
Published:
Updated:

HS Code for No. 1 Bundled Steel Scrap

TL;DR: The HS code for No. 1 Bundled Steel Scrap is 7204.49 in 2025. Covers tariff details, 2025 updates, shipping tips, and compliance checklist for global trade. Key for exporters.

What is the HS Code for No. 1 Bundled Steel Scrap?

HS 7204.49 classifies No. 1 Bundled Steel Scrap worldwide. This code falls under Chapter 72 for iron and steel products.

Developed by the World Customs Organization (WCO), HS codes standardize international trade classification.

  • Chapter 72: Iron and Steel
  • Heading 7204: Ferrous waste and scrap
  • Subheading 7204.49: Other ferrous waste and scrap (includes No. 1 bundles)
  • 6-digit core: Universal; countries add digits for specifics
  • Used for duties, statistics, and regulations

Always verify with destination customs for extended codes like 10-digit HTS in the US.

Key Features of No. 1 Bundled Steel Scrap Under HS 7204.49

No. 1 Bundled Steel Scrap represents premium quality in the ferrous scrap market. It's highly sought for recycling efficiency.

  • Purity level: Less than 1% non-ferrous metals
  • Size specs: 1-2m lengths, max 1.6m width/height
  • Source: Clean manufacturing offcuts, no auto shred
  • Bundle density: Compressed for optimal shipping
  • Market value: 10-20% premium over lower grades

These traits ensure smooth classification under HS code 7204.49.

2025 HS Code Changes for Steel Scrap Shipments

2025 brings regional HS code updates affecting No. 1 Bundled Steel Scrap trade. No global WCO revision until 2027, but national shifts apply.

Region2025 ChangeImpact on HS 7204.49Example Tariff Shift
USAHTS 10-digit mandatory (Sep 1)Precise scrap reportingLow-value duties rise post de minimis end
GCC Countries12-digit HS adoption (Jan 1)Better scrap categorizationElectronics waste separation
EUCombined Nomenclature updateRefined subheadingsHigher purity duties
ChinaNational tariff adjustmentsImport quota tighteningPremium scrap preference

Source: WCO and national customs notices, 2025.

How to Classify No. 1 Bundled Steel Scrap Correctly

Accurate classification prevents customs delays for HS 7204.49 shipments. Follow this step-by-step guide.

  1. Identify material: Confirm ferrous, non-shredded scrap
  2. Check purity: Test for <1% contaminants
  3. Review bundle specs: Meets No. 1 standards
  4. Consult HS hierarchy: Chapter 72 > 7204 > 7204.49
  5. Get local extension: Add country-specific digits

Use official tools like WCO HS database for verification.

Shipping Tips for HS 7204.49 No. 1 Bundled Steel Scrap

Bundling optimizes costs and compliance for steel scrap exports. Leverage density for sea freight.

  • Compress with hydraulic presses: 2x container capacity
  • Secure bundles: Avoid shifting in transit
  • Label clearly: HS 7204.49 visible
  • Choose containers: 20ft/40ft dry for bulk
  • Insure properly: Cover contamination risks

Reduces emissions and freight rates significantly.

Global Demand Trends for No. 1 Steel Scrap in 2025

Asia fuels 2025 growth in HS 7204.49 trade volumes. Circular economy drives premium scrap needs.

  • China: 15% import rise expected
  • India: Mill expansions boost bundles
  • Turkey: Rebar production surge
  • EU: Green steel initiatives
  • Supply chain: US export controls tighten

BIR forecasts 800M tonnes recycled globally by 2025.

Customs Compliance Checklist for Steel Scrap HS Code

This checklist ensures smooth 2025 clearance for HS 7204.49. Print and use pre-shipment.

  1. Accurate HS code on invoice
  2. Purity certificate attached
  3. Packing list with weights
  4. Export license if required
  5. Origin declaration

Avoid penalties with double-checks.

FAQ: HS Code for No. 1 Bundled Steel Scrap

Common questions on HS 7204.49 classification and 2025 trade.

What is the exact HS code for No. 1 Bundled Steel Scrap?
HS 7204.49 covers other ferrous waste including premium No. 1 bundles.
Does HS 7204.49 change in 2025?
Core 6-digits stable; regional extensions update like GCC 12-digit shift.
What defines No. 1 quality for steel scrap HS code?
High ferrous purity (<1% non-ferrous), dense bundles from clean sources.
How to find country-specific HS code extensions?
Check national customs sites for 8-10 digit additions to base 7204.49.
Why is bundling important for HS 7204.49 shipping?
Increases density, cuts costs, and meets safety standards for containers.
What documents are needed for HS 7204.49 customs?
Commercial invoice, packing list, purity cert, and HS declaration.
Which regions demand most No. 1 Bundled Steel Scrap in 2025?
Asia (China, India) leads due to steel production and recycling goals.
Can contaminated scrap use HS 7204.49?
No; purity below standards shifts to lower subheadings or rejection.
How does HS code affect steel scrap tariffs?
Determines duty rates; accurate 7204.49 ensures lowest applicable tariffs.
What if I misclassify No. 1 Bundled Steel Scrap?
Risks fines, delays, or seizure; always verify with customs pre-shipment.

Resources for HS Code Compliance

For seamless HS 7204.49 shipping, consider expert tools. Book a Demo | Email: enquiry@freightamigo.com | HK: +852 24671689 | CN: +86 4008751689 | USA: +1 337 361 2833.

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