Nickel; waste and scrap
HS v2017 Code: 7503
About nickel; waste and scrap
HS code 7503 covers nickel waste and scrap, an essential component in the production of various metal alloys and specialty chemicals. The global nickel industry plays a crucial role in the manufacturing of stainless steel, superalloys, and rechargeable batteries, making it a vital contributor to the broader industrial and automotive sectors. As the world's economies continue to develop, the demand for nickel and its recycled materials is expected to remain strong, driving the importance of this HS code within the international trade landscape.
Production process
The production of nickel waste and scrap involves the collection, sorting, and processing of various nickel-containing materials, such as end-of-life products, manufacturing byproducts, and metal scraps. These materials are typically melted down, refined, and reintroduced into the supply chain to be used as feedstock for new nickel-based products.
Production inputs
The main inputs required for the nickel waste and scrap industry include the collection and aggregation of nickel-bearing materials, as well as the necessary equipment and infrastructure for their processing, such as furnaces, smelters, and refining facilities. Additionally, the industry relies on skilled labor, energy sources, and transportation networks to efficiently collect, transport, and process the raw materials.
Production outputs
The primary output of HS code 7503 is refined nickel that can be used as a raw material for the production of 7501 Nickel mattes, nickel oxide sinters and other intermediate products of nickel metallurgy, 7502 Unwrought nickel, and a wide range of nickel-containing alloys and compounds. These outputs are then consumed by various downstream industries, including 7304 (Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel), 8407 Spark-ignition reciprocating or rotary internal combustion piston engines, and 8501 (Electric motors and generators (excluding generating sets)), among others.
Family tree for nickel; waste and scrap
graph LR A["<a href='/classifications/hs/v2017/75'>75: Nickel and articles thereof</a>"] A --> B["<a href='/classifications/hs/v2017/7503'>7503: Nickel; waste and scrap</a>"] A --> C["<a href='/classifications/hs/v2017/7501'>7501: Nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgy</a>"] A --> D["<a href='/classifications/hs/v2017/7502'>7502: Nickel; unwrought</a>"] A --> E["<a href='/classifications/hs/v2017/7504'>7504: Nickel; powders and flakes</a>"] A --> F["<a href='/classifications/hs/v2017/7505'>7505: Nickel; bars, rods, profiles and wire</a>"] A --> G["<a href='/classifications/hs/v2017/7506'>7506: Nickel; plates, sheets, strip and foil</a>"] A --> H["<a href='/classifications/hs/v2017/7507'>7507: Nickel; tubes, pipes and tube or pipe fittings (e.g. couplings, elbows, sleeves)</a>"] A --> I["<a href='/classifications/hs/v2017/7508'>7508: Nickel; articles thereof n.e.c. in chapter 75</a>"] B --> J["<a href='/classifications/hs/v2017/750300'>750300: Nickel; waste and scrap</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level2 class B level4 class C level4 class D level4 class E level4 class F level4 class G level4 class H level4 class I level4 class J level6 class B highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class B highlight