About HS Code 260700
Lead ores and concentrates are traded under this HS code, primarily serving as the raw material for lead metal production. Lead's main application is in lead-acid batteries for vehicles and backup power systems, but it's also used in radiation shielding, specific alloys, and ammunition. The global trade involves mining companies extracting lead-bearing ores, often polymetallic deposits containing zinc, silver, and copper, which are then concentrated and exported to smelters and refiners. Environmental regulations surrounding lead mining and processing are stringent, impacting trade dynamics and production costs. The market is influenced by automotive industry trends and the demand for energy storage solutions.
Products Under This Code
Galena concentrate, Cerussite concentrate, Anglesite concentrate, Lead sulfide ore, Lead oxide ore
Real World Examples
Teck Resources lead concentrates, Boliden's lead ore, Glencore's lead products, Vedanta Resources lead
Common Misclassification
Often confused with 260800 (zinc ores) as lead and zinc frequently occur together in polymetallic deposits, or 7801 (unwrought lead) if already smelted.
Products Classified Under 2607.00
Industry
This code belongs to the Minerals & Fuels industry.
Trade Overview
Australia, Peru, and Mexico are significant exporters, with China, South Korea, and Germany being major importers for refining.
Frequently Asked Questions
What is HS code 260700?
HS code 260700 covers: Lead ores and concentrates. Lead ores and concentrates are traded under this HS code, primarily serving as the raw material for lead metal production. Lead's main application is in lead-acid batteries for vehicles and backup power systems, but it's also used in radiation shielding, specific alloys, and ammunition. The global trade involves mining companies extracting lead-bearing ores, often polymetallic deposits containing zinc, silver, and copper, which are then concentrated and exported to smelters and refiners. Environmental regulations surrounding lead mining and processing are stringent, impacting trade dynamics and production costs. The market is influenced by automotive industry trends and the demand for energy storage solutions.
What products fall under HS code 260700?
Galena concentrate, Cerussite concentrate, Anglesite concentrate, Lead sulfide ore, Lead oxide ore
What are common misclassifications for HS code 260700?
Often confused with 260800 (zinc ores) as lead and zinc frequently occur together in polymetallic deposits, or 7801 (unwrought lead) if already smelted.
How is HS code 260700 structured?
HS code 260700 is a 6-digit subheading under the Harmonized System. The first 2 digits (26) identify the chapter, digits 3-4 (07) identify the heading, and digits 5-6 (00) specify the subheading. This code is standardized globally by the World Customs Organization.