Iron; non-alloy pig iron containing by weight more than 0.5% of phosphorus, in pigs, blocks or other primary forms

HS v2017 Code: 720120

About iron; non-alloy pig iron containing by weight more than 0.5% of phosphorus, in pigs, blocks or other primary forms

HS code 720120 covers non-alloy pig iron with a phosphorus content exceeding 0.5% by weight. This type of pig iron is a crucial raw material for the steel industry, as it is used in the production of various steel products. The global trade in pig iron plays a significant role in the broader international trade of metals and minerals, which is a key driver of economic activity worldwide.

Production process

The production of pig iron described by HS code 720120 typically involves the smelting of iron ore in a blast furnace. The iron ore is combined with coke (a fuel derived from coal) and limestone, and heated to high temperatures to extract the iron. The resulting molten pig iron is then cast into various shapes, such as pigs, blocks, or other primary forms, before being transported and sold to steel manufacturers.

Production inputs

The main inputs required for the production of HS code 720120 pig iron include iron ore, coke, and limestone. High-quality iron ore with a high iron content is essential, as is a reliable supply of coke to provide the necessary heat and reducing agent. Limestone is added to the blast furnace to act as a flux, helping to remove impurities from the iron. Additionally, the production process requires specialized equipment, such as blast furnaces, casting molds, and transportation infrastructure to move the finished pig iron to market.

Production outputs

The primary output of HS code 720120 is non-alloy pig iron with a phosphorus content exceeding 0.5% by weight. This pig iron is a crucial input for the production of 720310 Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms and 720410 Ferrous waste and scrap; remelting scrap ingots of iron or steel, which are then further processed into a wide range of steel products.

Revisions to 720120

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 720120. The most recent 1 version of this code (720120) is in the HS v2022 system:

This page shows a legacy version of code 720120 ( HS v2017).

Family tree for iron; non-alloy pig iron containing by weight more than 0.5% of phosphorus, in pigs, blocks or other primary forms

    graph LR
    A["<a href='/classifications/hs/v2017/72'>72: Iron and steel</a>"]
A --> B["<a href='/classifications/hs/v2017/7201'>7201: Pig iron and spiegeleisen in pigs, blocks or other primary forms</a>"]
B --> C["<a href='/classifications/hs/v2017/720120'>720120: Iron; non-alloy pig iron containing by weight more than 0.5% of phosphorus, in pigs, blocks or other primary forms</a>"]

    B --> D["<a href='/classifications/hs/v2017/720110'>720110: Iron; non-alloy pig iron containing by weight 0.5% or less of phosphorus, in pigs, blocks or other primary forms</a>"]
B --> E["<a href='/classifications/hs/v2017/720150'>720150: Iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary forms</a>"]

    

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