Metal; precious or metal clad with precious metal, other than that of item no. 7115.10

HS code 711590 covers a diverse range of precious metal products, excluding those covered under code 7115.10. This industry plays a crucial role in the global economy, providing essential materials for jewelry, electronics, and various industrial applications. The precious metals and metal-clad products encompassed by this code are highly valued for their unique properties, such as durability, corrosion resistance, and aesthetic appeal, making them indispensable in a wide range of industries.

The production of precious metal and metal-clad products under HS code 711590 typically involves a combination of metallurgical processes, including smelting, refining, alloying, and fabrication. Manufacturers may employ techniques such as casting, rolling, drawing, and stamping to shape the metals into the desired forms, while advanced methods like electroplating and vapor deposition are used to create metal-clad products.

The primary inputs for the industries covered by HS code 711590 are precious metals, such as gold, silver, platinum, and palladium, as well as base metals that are clad with these precious materials. Manufacturers also rely on specialized equipment, including furnaces, rolling mills, and precision tools, to transform the raw materials into finished products. Additionally, the industry may utilize various chemicals, fluxes, and other consumables during the production process.

The outputs of the industries under HS code 711590 include a wide range of precious metal and metal-clad products, such as jewelry, decorative items, electronic components, and industrial parts. These outputs are often consumed by industries covered by other HS codes, including 711310 Jewelry of gold, whether or not plated or clad with precious metal, 711320 Jewelry of silver, whether or not plated or clad with precious metal, and 851770 Parts of telephone sets, telephones, microphones and loudspeakers, among others.