Ferrous waste and scrap; of cast iron
HS v2022 Code: 720410
About ferrous waste and scrap; of cast iron
HS code 720410 covers ferrous waste and scrap of cast iron. This industry plays a crucial role in the global recycling and steel production supply chains. Cast iron scrap is a valuable raw material that is melted down and reused in the production of new steel and iron products, contributing to the circular economy and reducing the environmental impact of steel manufacturing.
Production process
The main production technique for this industry involves the collection, sorting, and processing of cast iron scrap. Scrap is typically gathered from various sources, such as demolition sites, automotive junkyards, and industrial facilities. The scrap is then sorted by grade and composition, and any non-ferrous materials are removed. The cleaned cast iron scrap is then melted down in electric arc furnaces or blast furnaces, where it is refined and alloyed to produce new cast iron or steel products.
Production inputs
The primary input for this industry is, of course, cast iron scrap. Other significant inputs include the energy sources used to power the melting and refining processes, such as electricity or natural gas. Additionally, the industry relies on specialized equipment and machinery, such as cranes, shredders, and furnaces, to efficiently collect, process, and melt the scrap material.
Production outputs
The main output of this industry is refined cast iron or steel, which can be used in the production of a wide range of products, including 720810 Flat-rolled products of iron or non-alloy steel, 721310 Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel, and 732599 Cast iron articles, n.e.s.. The recycled cast iron and steel produced from this scrap material helps to reduce the demand for virgin raw materials, contributing to the sustainability of the steel industry.
Revisions to 720410
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 720410. The most recent 1 version of this code (720410) is in the HS v2022 system (this version):
This page shows the most recent version of code 720410.
Older versions
Family tree for ferrous waste and scrap; of cast iron
graph LR A["<a href='/classifications/hs/v2022/72'>72: Iron and steel</a>"] A --> B["<a href='/classifications/hs/v2022/7204'>7204: Ferrous waste and scrap; remelting scrap ingots of iron or steel</a>"] B --> C["<a href='/classifications/hs/v2022/720410'>720410: Ferrous waste and scrap; of cast iron</a>"] B --> D["<a href='/classifications/hs/v2022/720421'>720421: Ferrous waste and scrap; of stainless steel</a>"] B --> E["<a href='/classifications/hs/v2022/720429'>720429: Ferrous waste and scrap; of alloy steel (excluding stainless)</a>"] B --> F["<a href='/classifications/hs/v2022/720430'>720430: Ferrous waste and scrap; of tinned iron or steel</a>"] B --> G["<a href='/classifications/hs/v2022/720441'>720441: Ferrous waste and scrap; turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings, whether or not in bundles</a>"] B --> H["<a href='/classifications/hs/v2022/720449'>720449: Ferrous waste and scrap; n.e.c. in heading no. 7204</a>"] B --> I["<a href='/classifications/hs/v2022/720450'>720450: Ferrous products; remelting scrap ingots</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 level6 class D level6 class E level6 class F level6 class G level6 class H level6 class I level6 class C 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 C highlight