Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, of free-cutting steel

HS v2022 Code: 721320

About iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, of free-cutting steel

HS code 721320 covers the import and export of iron or non-alloy steel bars and rods that are hot-rolled and in irregularly wound coils. This industry is a crucial component of the global steel supply chain, providing essential raw materials for a wide range of manufacturing and construction industries. The production and trade of these steel products play a significant role in the overall economic development and infrastructure growth of many countries.

Production process

The production of steel bars and rods under HS code 721320 typically involves a multi-step process. First, iron ore and other raw materials are smelted in a blast furnace to produce molten pig iron. The pig iron is then refined in a basic oxygen furnace or electric arc furnace to remove impurities and produce high-quality steel. The molten steel is then cast into billets or blooms, which are subsequently rolled and shaped into the desired bar and rod profiles using hot-rolling techniques.

Production inputs

The main inputs required for the production of steel bars and rods under HS code 721320 include iron ore, coal, limestone, and other alloying elements such as manganese, chromium, and nickel. Specialized rolling mills, furnaces, and other steel-making equipment are also essential for the manufacturing process. Additionally, skilled labor and advanced technologies play a crucial role in ensuring the efficient and high-quality production of these steel products.

Production outputs

The steel bars and rods produced under HS code 721320 are primarily used as raw materials in the manufacturing of various metal products and components. These outputs are often consumed by industries such as 731000 Structures and parts of structures, 732111 Cooking appliances and plate warmers, and 840991 Parts suitable for use solely or principally with the engines of heading 8407 or 8408. The versatility of these steel products makes them an essential input for a wide range of downstream industries, contributing to the overall growth and development of the global economy.

Revisions to 721320

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 721320. The most recent 1 version of this code (721320) is in the HS v2022 system (this version):

This page shows the most recent version of code 721320.

Family tree for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, of free-cutting steel

    graph LR
    A["<a href='/classifications/hs/v2022/72'>72: Iron and steel</a>"]
A --> B["<a href='/classifications/hs/v2022/7213'>7213: Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils</a>"]
B --> C["<a href='/classifications/hs/v2022/721320'>721320: Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, of free-cutting steel</a>"]

    B --> D["<a href='/classifications/hs/v2022/721310'>721310: Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, containing indentations, ribs, grooves or other deformations produced during the rolling process</a>"]
B --> E["<a href='/classifications/hs/v2022/721391'>721391: Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, n.e.c. in heading no. 7213, of circular cross-section measuring less than 14mm in diameter</a>"]
B --> F["<a href='/classifications/hs/v2022/721399'>721399: Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils, n.e.c. in heading no. 7213, of circular cross-section measuring 14mm or more in diameter</a>"]

    

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