Iron or non-alloy steel; wire, n.e.c. in heading no. 7217

HS code 721790 covers a wide range of iron or non-alloy steel wire products that are not specifically classified elsewhere. This industry plays a crucial role in the global supply chain, providing essential raw materials and components for a diverse range of industries, including construction, automotive, and manufacturing. The versatility and durability of these wire products make them indispensable in numerous applications, contributing to the overall growth and development of the global economy.

The production of iron or non-alloy steel wire involves several key steps. First, the raw materials, such as iron ore and coal, are smelted in a blast furnace to produce crude steel. The steel is then further refined and processed through various techniques, including rolling, drawing, and heat treatment, to create the desired wire specifications. Advanced technologies, such as computer-controlled machinery and automated processes, have helped to improve the efficiency and quality of wire production.

The main inputs required for the production of iron or non-alloy steel wire include iron ore, coal, and other alloying elements, such as manganese and chromium. Additionally, specialized machinery, such as wire drawing machines and heat treatment furnaces, are essential for the manufacturing process. Energy sources, such as electricity and natural gas, are also crucial inputs for the industry.

The primary outputs of HS code 721790 are various types of iron or non-alloy steel wire products, including plain wire, coated wire, and wire with special features. These wire products are then consumed by a wide range of industries, including 730120 Structures and parts of structures, of iron or steel; towers and lattice masts, 731210 Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel, not electrically insulated, and 732690 Articles of iron or steel, n.e.c., among others.