About HS Code 711299
This 'other' category for precious metal waste and scrap covers all precious metals and metal clad with precious metals, excluding gold (711291), platinum (711292), and any ash containing precious metals (711230). This primarily includes silver, palladium, rhodium, iridium, ruthenium, and osmium scrap. The trade in these materials is diverse, sourcing from industries such as photography, electronics, dentistry, and various industrial catalysts. Importers and exporters are typically specialized refiners and recyclers who possess the expertise to separate and purify these less common but highly valuable metals. The market for these 'other' precious metal scraps is driven by industrial demand and the increasing focus on resource efficiency and environmental responsibility, requiring precise identification and valuation of the metal content.
Products Under This Code
Silver jewelry scrap, palladium catalyst scrap, rhodium plating waste, silver contact scrap, dental amalgam waste (silver), iridium crucible scrap, ruthenium sputtering targets, silver film waste
Real World Examples
Eastman Kodak (silver recovery), dental clinics, electronics manufacturers, chemical plants, photographic processing labs
Common Misclassification
Frequently confused with 711230 if ash is present, or with 711291 (gold) or 711292 (platinum) if those metals are the primary component, as this code specifically excludes them.
Products Classified Under 7112.99
Industry
This code belongs to the Gems & Jewelry industry.
Trade Overview
Mexico (silver producer), USA, Germany, and China are significant in the trade of these 'other' precious metal scraps.
Frequently Asked Questions
What is HS code 711299?
HS code 711299 covers: Waste and scrap of precious metals; waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds. This 'other' category for precious metal waste and scrap covers all precious metals and metal clad with precious metals, excluding gold (711291), platinum (711292), and any ash containing precious metals (711230). This primarily includes silver, palladium, rhodium, iridium, ruthenium, and osmium scrap. The trade in these materials is diverse, sourcing from industries such as photography, electronics, dentistry, and various industrial catalysts. Importers and exporters are typically specialized refiners and recyclers who possess the expertise to separate and purify these less common but highly valuable metals. The market for these 'other' precious metal scraps is driven by industrial demand and the increasing focus on resource efficiency and environmental responsibility, requiring precise identification and valuation of the metal content.
What products fall under HS code 711299?
Silver jewelry scrap, palladium catalyst scrap, rhodium plating waste, silver contact scrap, dental amalgam waste (silver), iridium crucible scrap, ruthenium sputtering targets, silver film waste
What are common misclassifications for HS code 711299?
Frequently confused with 711230 if ash is present, or with 711291 (gold) or 711292 (platinum) if those metals are the primary component, as this code specifically excludes them.
How is HS code 711299 structured?
HS code 711299 is a 6-digit subheading under the Harmonized System. The first 2 digits (71) identify the chapter, digits 3-4 (12) identify the heading, and digits 5-6 (99) specify the subheading. This code is standardized globally by the World Customs Organization.