Steel, stainless; seamless, casing and tubing, of a kind used in drilling for oil or gas
HS v2022 Code: 730424
About steel, stainless; seamless, casing and tubing, of a kind used in drilling for oil or gas
HS code 730424 covers the production of seamless, stainless steel casing and tubing used in the oil and gas drilling industry. This specialized steel product plays a crucial role in the extraction and transportation of fossil fuels, which are essential commodities in the global economy. The demand for these steel products is closely tied to the health and activity levels of the oil and gas exploration and production sectors.
Production process
The production of seamless, stainless steel casing and tubing involves a multi-step process. First, high-quality stainless steel billets or ingots are heated and then pierced to create a hollow shell. This shell is then repeatedly drawn through a series of dies to reduce the diameter and increase the length, creating the seamless tubing. Finally, the tubing may undergo additional heat treatment, coating, or finishing processes to meet the specific requirements of the oil and gas industry.
Production inputs
The main inputs for the production of HS code 730424 products include high-grade stainless steel raw materials, specialized piercing and drawing equipment, and skilled labor. The stainless steel used must meet stringent chemical and physical requirements to withstand the harsh environments encountered in oil and gas drilling operations. Additionally, the production process requires significant capital investment in advanced manufacturing machinery and infrastructure.
Production outputs
The primary output of HS code 730424 is seamless, stainless steel casing and tubing used in the drilling and extraction of oil and gas. These products are essential components in the 730423 Steel, stainless; seamless, casing and tubing, of a kind used in drilling for oil or gas and 730429 Steel, stainless; seamless, casing and tubing, of a kind used in drilling for oil or gas, nesoi product categories, which are further processed and incorporated into the overall oil and gas supply chain.
Revisions to 730424
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 730424. The most recent 1 version of this code (730424) is in the HS v2022 system (this version):
This page shows the most recent version of code 730424.
Older versions
Family tree for steel, stainless; seamless, casing and tubing, of a kind used in drilling for oil or gas
graph LR A["<a href='/classifications/hs/v2022/73'>73: Iron or steel articles</a>"] A --> B["<a href='/classifications/hs/v2022/7304'>7304: Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel</a>"] B --> C["<a href='/classifications/hs/v2022/730424'>730424: Steel, stainless; seamless, casing and tubing, of a kind used in drilling for oil or gas</a>"] B --> D["<a href='/classifications/hs/v2022/730411'>730411: Iron or steel (excluding cast iron); seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel</a>"] B --> E["<a href='/classifications/hs/v2022/730419'>730419: Iron or steel (excluding cast iron or stainless steel); seamless, line pipe of a kind used for oil or gas pipelines</a>"] B --> F["<a href='/classifications/hs/v2022/730422'>730422: Steel, stainless; seamless, drill pipe, of a kind used in drilling for oil or gas</a>"] B --> G["<a href='/classifications/hs/v2022/730423'>730423: Iron or steel (excluding cast iron or stainless steel); seamless, drill pipe, of a kind used in drilling for oil or gas</a>"] B --> H["<a href='/classifications/hs/v2022/730429'>730429: Iron or steel (excluding cast iron or stainless steel); seamless, casing and tubing, of a kind used in drilling for oil or gas</a>"] B --> I["<a href='/classifications/hs/v2022/730431'>730431: Iron or non-alloy steel (excluding cast iron); seamless, cold-drawn or cold-rolled, tubes, pipes and hollow profiles of circular cross-section</a>"] B --> J["<a href='/classifications/hs/v2022/730439'>730439: Iron or non-alloy steel (excluding cast iron); seamless, (excluding cold-drawn or cold-rolled), tubes, pipes and hollow profiles of circular cross-section</a>"] B --> K["<a href='/classifications/hs/v2022/730441'>730441: Steel, stainless; cold-drawn or cold-rolled (cold-reduced), tubes and pipes of circular cross-section</a>"] B --> L["<a href='/classifications/hs/v2022/730449'>730449: Steel, stainless; (excluding cold-drawn or cold-rolled), tubes pipes and hollow profiles of circular cross-section</a>"] B --> M["<a href='/classifications/hs/v2022/730451'>730451: Steel, alloy (not stainless steel); seamless, cold-drawn or cold-rolled (cold-reduced), tubes, pipes and hollow profiles of circular cross-section</a>"] B --> N["<a href='/classifications/hs/v2022/730459'>730459: Steel, alloy (not stainless steel); (excluding cold-drawn or cold-rolled), tubes, pipes and hollow profiles of circular cross-section</a>"] B --> O["<a href='/classifications/hs/v2022/730490'>730490: Iron or steel (excluding cast iron); seamless, tubes, pipes and hollow profiles, seamless, n.e.c. in heading no. 7304</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level2 class B level4 class C level6 class D level6 class E level6 class F level6 class G level6 class H level6 class I level6 class J level6 class K level6 class L level6 class M level6 class N level6 class O level6 class C highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class C highlight