Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal

HS v2017 Code: 7112

Chapter	Heading	Sub-heading
71	12	n/a

Code	7112
Version	HS v2017
Hierarchy Level	4
Datasource	WCO
Chapter	71

Ancestor Codes: Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

This Code: Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal

Child Codes: Waste and scrap of precious metals; of platinum, including metal clad with platinum but excluding sweepings containing other precious metals; Waste and scrap of precious metals; of gold, including metal clad with gold but excluding sweepings containing other precious metals; Waste and scrap of precious metal or of metal clad with precious metal; ash containing precious metal or precious metal compounds; Waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds

Sibling Codes (Nearest 5): Base metals or silver, clad with gold, not further worked than semi-manufactured; Platinum; unwrought or in semi-manufactured forms, or in powder form; Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured; Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal; Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal

About waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal

HS code 7112 covers a crucial segment of the precious metals industry - the recycling and recovery of precious metals from waste and scrap. This industry plays a vital role in the global economy, as it allows for the reclamation and reuse of valuable materials that would otherwise be discarded. By recovering precious metals from a variety of sources, this industry contributes to the sustainability of metal supply chains and reduces the environmental impact of mining new precious metal resources.

Production process

The main production techniques used in this industry involve the collection, sorting, and processing of precious metal waste and scrap. This typically begins with the gathering of materials from various sources, such as 8548 Electrical and electronic waste and scrap, 7404 Copper waste and scrap, and 7602 Aluminum waste and scrap. The collected materials are then sorted and processed using a range of techniques, including smelting, refining, and chemical extraction, to recover the precious metal content.

Production inputs

The primary inputs required for this industry are the waste and scrap materials containing precious metals. This can include a wide variety of sources, such as jewelry, electronics, catalytic converters, and industrial process residues. In addition to the raw materials, the industry also relies on specialized equipment and machinery for the collection, sorting, and processing of the waste and scrap. Skilled labor, energy, and chemical reagents are also important inputs for the various recovery and refining processes.

Production outputs

The main outputs of this industry are the recovered precious metals, such as gold, silver, platinum, and palladium. These refined precious metals can then be used as inputs for a variety of other industries, including 7108 Gold, 7110 Platinum, and 7106 Silver. The industry also generates other waste products, such as slag and residues, which may be further processed or disposed of in an environmentally responsible manner.

Family tree for waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal

    graph LR
    A["<a href='/classifications/hs/v2017/71'>71: Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin</a>"]
A --> B["<a href='/classifications/hs/v2017/7112'>7112: Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal</a>"]

    A --> C["<a href='/classifications/hs/v2017/7101'>7101: Pearls; natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for the convenience of transport</a>"]
A --> D["<a href='/classifications/hs/v2017/7102'>7102: Diamonds, whether or not worked, but not mounted or set</a>"]
A --> E["<a href='/classifications/hs/v2017/7103'>7103: Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport</a>"]
A --> F["<a href='/classifications/hs/v2017/7104'>7104: Synthetic, reconstructed precious, semi-precious stone worked, graded or not, not strung or mounted, set; ungraded synthetic, reconstructed precious, semi-precious stones, temporarily strung for transport</a>"]
A --> G["<a href='/classifications/hs/v2017/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"]
A --> H["<a href='/classifications/hs/v2017/7106'>7106: Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> I["<a href='/classifications/hs/v2017/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"]
A --> J["<a href='/classifications/hs/v2017/7108'>7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> K["<a href='/classifications/hs/v2017/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"]
A --> L["<a href='/classifications/hs/v2017/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> M["<a href='/classifications/hs/v2017/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"]
A --> N["<a href='/classifications/hs/v2017/7113'>7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> O["<a href='/classifications/hs/v2017/7114'>7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> P["<a href='/classifications/hs/v2017/7115'>7115: Articles of precious metal or of metal clad with precious metal</a>"]
A --> Q["<a href='/classifications/hs/v2017/7116'>7116: Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)</a>"]
A --> R["<a href='/classifications/hs/v2017/7117'>7117: Imitation jewellery</a>"]
A --> S["<a href='/classifications/hs/v2017/7118'>7118: Coin</a>"]

    B --> T["<a href='/classifications/hs/v2017/711230'>711230: Waste and scrap of precious metal or of metal clad with precious metal; ash containing precious metal or precious metal compounds</a>"]
B --> U["<a href='/classifications/hs/v2017/711291'>711291: Waste and scrap of precious metals; of gold, including metal clad with gold but excluding sweepings containing other precious metals</a>"]
B --> V["<a href='/classifications/hs/v2017/711292'>711292: Waste and scrap of precious metals; of platinum, including metal clad with platinum but excluding sweepings containing other precious metals</a>"]
B --> W["<a href='/classifications/hs/v2017/711299'>711299: Waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds</a>"]


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class Q level4
class R level4
class S level4
class T level6
class U level6
class V level6
class W level6

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