Ferrous waste and scrap; turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings, whether or not in bundles

HS v2022 Code: 720441

About ferrous waste and scrap; turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings, whether or not in bundles

HS code 720441 covers a wide range of ferrous waste and scrap materials, including turnings, shavings, chips, milling waste, sawdust, filings, trimmings, and stampings. This industry plays a crucial role in the global recycling economy, as these materials are essential feedstock for steel and iron production. By repurposing ferrous waste, the industry helps conserve natural resources, reduce energy consumption, and minimize environmental impact in the manufacturing sector.

Production process

The production techniques in this industry involve the collection, sorting, and processing of various ferrous waste streams. Scrap metal is typically gathered from industrial, commercial, and residential sources, then transported to specialized facilities. At these facilities, the scrap is sorted by metal type, size, and purity, and then processed through shredding, baling, or other mechanical methods to prepare it for melting and reuse in steel and iron production.

Production inputs

The main inputs required for this industry include the ferrous waste and scrap materials themselves, as well as the machinery and equipment needed for their collection, transportation, and processing. This may include shredders, balers, cranes, and other specialized equipment. Additionally, the industry relies on a skilled workforce to operate the machinery and manage the logistics of the recycling process.

Production outputs

The primary output of this industry is processed ferrous scrap, which is then consumed by 720410 Ferrous waste and scrap; of cast iron and 720421 Ferrous waste and scrap; of stainless steel producers, as well as 720429 Ferrous waste and scrap; other than of cast iron or stainless steel manufacturers. These processed materials are essential feedstock for the production of new steel and iron products, contributing to the circular economy and reducing the need for virgin raw materials.

Revisions to 720441

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 720441. The most recent 1 version of this code (720441) is in the HS v2022 system (this version):

This page shows the most recent version of code 720441.

Family tree for ferrous waste and scrap; turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings, whether or not in bundles

    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/v2022/720441'>720441: Ferrous waste and scrap; turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings, whether or not in bundles</a>"]

    B --> D["<a href='/classifications/hs/v2022/720410'>720410: Ferrous waste and scrap; of cast iron</a>"]
B --> E["<a href='/classifications/hs/v2022/720421'>720421: Ferrous waste and scrap; of stainless steel</a>"]
B --> F["<a href='/classifications/hs/v2022/720429'>720429: Ferrous waste and scrap; of alloy steel (excluding stainless)</a>"]
B --> G["<a href='/classifications/hs/v2022/720430'>720430: Ferrous waste and scrap; of tinned iron or steel</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>"]

    

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