Ferrous products; spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms

HS v2017 Code: 720390

About ferrous products; spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms

HS code 720390 covers a range of ferrous products, including spongy ferrous products and high-purity iron. These materials are essential inputs for various industries, from steel production to specialized manufacturing. As a key component in the global supply chain, the trade and production of these ferrous products play a significant role in the broader economy.

Production process

The production of the ferrous products covered under HS code 720390 typically involves a multi-step process. First, iron ore is extracted and processed to remove impurities, resulting in a high-purity iron product. This iron is then further refined and formed into various shapes, such as lumps, pellets, or similar forms, to meet the specific requirements of end-users.

Production inputs

The main inputs required for the production of the ferrous products under HS code 720390 include iron ore, energy sources (such as coal or natural gas), and specialized equipment for refining and shaping the iron. Additionally, skilled labor and advanced manufacturing techniques are necessary to ensure the consistent quality and purity of the final products.

Production outputs

The ferrous products covered by HS code 720390 are primarily used as inputs for the production of 720110 Pig iron and spiegeleisen in pigs, blocks or other primary forms, 720211 Ferroalloys; ferromanganese, containing by weight more than 2% of carbon, and 720221 Ferroalloys; ferrosilicon, containing by weight more than 55% of silicon. These high-purity ferrous materials are essential for the manufacturing of various steel and metal products, contributing to the development of diverse industries.

Revisions to 720390

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 720390. The most recent 1 version of this code (720390) is in the HS v2022 system:

This page shows a legacy version of code 720390 ( HS v2017).

Older versions

Family tree for ferrous products; spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms

    graph LR
    A["<a href='/classifications/hs/v2017/72'>72: Iron and steel</a>"]
A --> B["<a href='/classifications/hs/v2017/7203'>7203: Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms</a>"]
B --> C["<a href='/classifications/hs/v2017/720390'>720390: Ferrous products; spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms</a>"]

    B --> D["<a href='/classifications/hs/v2017/720310'>720310: Ferrous products; obtained by direct reduction of iron ore, in lumps, pellets or similar forms</a>"]

    

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