Iron or non-alloy steel; bars and rods, n.e.c. in chapter 72, n.e.c. in heading no. 7215

HS code 721590 covers a wide range of iron or non-alloy steel bars and rods that are not classified elsewhere in Chapter 72 or Heading 7215. These products are essential raw materials for various manufacturing industries, including construction, automotive, and machinery production. They play a crucial role in the global economy by providing the building blocks for numerous downstream applications.

The production of iron or non-alloy steel bars and rods under HS code 721590 typically involves a multi-step process. First, raw materials such as iron ore, coal, and scrap metal are melted in a furnace to produce molten steel. The molten steel is then cast into semi-finished products, such as billets or blooms. These semi-finished products are then further processed through hot or cold rolling, drawing, or other metalworking techniques to create the desired bar or rod shapes and sizes.

The main inputs required for the production of iron or non-alloy steel bars and rods under HS code 721590 include iron ore, coal, scrap metal, and various alloying elements (such as manganese, chromium, or nickel) depending on the specific steel grade. Additionally, specialized machinery and equipment, such as furnaces, rolling mills, and drawing machines, are essential for the manufacturing process.

The primary outputs of HS code 721590 are various types of iron or non-alloy steel bars and rods, which are then consumed by a wide range of industries. These products may be further processed or incorporated into the manufacturing of 730120 Structures and parts of structures, of iron or steel; towers and lattice masts, 730840 Structures and parts of structures, of iron or steel; equipment for scaffolding, shuttering, propping or pit-propping, 840210 Boilers; steam or other vapor generating boilers, other than central heating hot water boilers, and 870120 (Tractors (other than tractors of heading no. 8709)), among others.