Nickel; plates, sheets, strip and foil, of nickel alloys

HS code 750620 covers the trade of nickel alloy plates, sheets, strip, and foil. Nickel alloys are essential materials in various industries, including aerospace, automotive, and electronics, due to their unique properties such as corrosion resistance, high strength-to-weight ratio, and heat tolerance. The global nickel alloy market is expected to grow steadily in the coming years, driven by increasing demand from these key end-use sectors.

The production of nickel alloy plates, sheets, strip, and foil typically involves a multi-step process. First, the raw nickel is alloyed with other metals, such as chromium, iron, or copper, to achieve the desired properties. The alloyed material is then cast into ingots or billets, which are subsequently hot-rolled or cold-rolled to the desired thickness and shape. Annealing and other heat treatment processes may be used to further refine the material's characteristics.

The main inputs required for the production of nickel alloy plates, sheets, strip, and foil include raw nickel, alloying elements (e.g., chromium, iron, copper), and specialized rolling and processing equipment. The availability and cost of these raw materials and machinery can significantly impact the overall production and pricing of the final products.

The nickel alloy plates, sheets, strip, and foil produced under HS code 750620 are used in a wide range of applications, including 760110 Aluminum; unwrought for automotive and aerospace components, 840991 Parts suitable for use solely or principally with the engines of heading 8407 or 8408 for engine parts, and 851770 Parts of telephone sets, telephones, microphones and loudspeakers for electronic devices. The versatility of nickel alloys makes them an essential material in many industries, contributing to the overall growth and development of the global economy.