Steel, alloy; semi-finished products

HS v2022 Code: 722490

About steel, alloy; semi-finished products

HS code 722490 covers the production of steel alloy semi-finished products, which are crucial inputs for a wide range of manufacturing industries. These semi-finished steel products serve as the foundation for the fabrication of various metal goods, from automotive components to construction materials. The steel alloy industry plays a vital role in supporting the global economy by providing essential raw materials for numerous downstream sectors.

Production process

The production of steel alloy semi-finished products typically involves a multi-step process. First, raw materials, such as iron ore, coal, and various alloying elements, are melted in a furnace to create the desired steel composition. The molten steel is then cast into ingots or continuous cast into billets, blooms, or slabs, which are the semi-finished forms. These semi-finished products may undergo further processing, such as rolling, forging, or extrusion, to achieve the desired shape and size before being supplied to manufacturers.

Production inputs

The steel alloy semi-finished products industry relies on a range of raw materials and resources. The primary input is iron ore, which is combined with other alloying elements, such as 720221 Ferro-chromium, 720221 Ferro-manganese, and 720229 Ferro-silicon, to create the desired steel composition. Additionally, the industry requires significant energy inputs, such as coal or natural gas, to power the furnaces and other production equipment. Specialized machinery, including casting and rolling mills, is also a crucial input for this industry.

Production outputs

The steel alloy semi-finished products covered by HS code 722490 are used as inputs for a wide range of downstream industries. These semi-finished products can be further processed and fabricated into a variety of finished goods, such as 730110 Sheet piling of iron or steel, 730120 Angles, shapes and sections of iron or steel, and 730410 (Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel). The steel alloy semi-finished products industry supports the growth and development of numerous manufacturing sectors, making it a vital component of the global supply chain.

Revisions to 722490

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 722490. The most recent 1 version of this code (722490) is in the HS v2022 system (this version):

This page shows the most recent version of code 722490.

Family tree for steel, alloy; semi-finished products

    graph LR
    A["<a href='/classifications/hs/v2022/72'>72: Iron and steel</a>"]
A --> B["<a href='/classifications/hs/v2022/7224'>7224: Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel</a>"]
B --> C["<a href='/classifications/hs/v2022/722490'>722490: Steel, alloy; semi-finished products</a>"]

    B --> D["<a href='/classifications/hs/v2022/722410'>722410: Steel, alloy; ingots and other primary forms</a>"]

    

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