About HS Code 720110
This HS code covers a specific type of pig iron, an intermediate product in steelmaking, characterized by a low phosphorus content (0.5% or less). It is traded in primary forms such as pigs, blocks, or other crude shapes. This low-phosphorus pig iron is highly valued for producing high-quality steels, particularly those requiring good ductility, weldability, and impact strength, as excess phosphorus can make steel brittle. Major importers are steel mills and foundries that require precise control over their alloy compositions, while exporters are typically integrated steel producers or specialized pig iron manufacturers. The 'CBAM' tag indicates its inclusion in the EU's Carbon Border Adjustment Mechanism, adding a layer of carbon emissions reporting and potential costs for importers into the EU.
Products Under This Code
Low-phosphorus pig iron ingots, Foundry pig iron (low P), Basic pig iron (low P), Nodular pig iron (low P), Hematite pig iron (low P), Granulated pig iron (low P)
Real World Examples
ArcelorMittal (steel production), Baowu Steel Group, Tata Steel, various foundries, Nucor (steel manufacturing)
Common Misclassification
This is specifically for *low-phosphorus* pig iron, distinguishing it from other pig iron types like high-phosphorus (720120) or spiegeleisen (720150).
EU Regulatory Requirements
This product falls under the Carbon Border Adjustment Mechanism (CBAM). Importers to the EU must declare embedded carbon emissions and purchase CBAM certificates.
Industry
This code belongs to the Metals & Metal Products industry.
Trade Overview
Russia, Brazil, and Ukraine are significant exporters of pig iron, with China, the US, and EU countries being major importers for their steel industries.
Frequently Asked Questions
What is HS code 720110?
HS code 720110 covers: Iron; non-alloy pig iron containing by weight 0.5% or less of phosphorus, in pigs, blocks or other primary forms. This HS code covers a specific type of pig iron, an intermediate product in steelmaking, characterized by a low phosphorus content (0.5% or less). It is traded in primary forms such as pigs, blocks, or other crude shapes. This low-phosphorus pig iron is highly valued for producing high-quality steels, particularly those requiring good ductility, weldability, and impact strength, as excess phosphorus can make steel brittle. Major importers are steel mills and foundries that require precise control over their alloy compositions, while exporters are typically integrated steel producers or specialized pig iron manufacturers. The 'CBAM' tag indicates its inclusion in the EU's Carbon Border Adjustment Mechanism, adding a layer of carbon emissions reporting and potential costs for importers into the EU.
What products fall under HS code 720110?
Low-phosphorus pig iron ingots, Foundry pig iron (low P), Basic pig iron (low P), Nodular pig iron (low P), Hematite pig iron (low P), Granulated pig iron (low P)
What are common misclassifications for HS code 720110?
This is specifically for *low-phosphorus* pig iron, distinguishing it from other pig iron types like high-phosphorus (720120) or spiegeleisen (720150).
How is HS code 720110 structured?
HS code 720110 is a 6-digit subheading under the Harmonized System. The first 2 digits (72) identify the chapter, digits 3-4 (01) identify the heading, and digits 5-6 (10) specify the subheading. This code is standardized globally by the World Customs Organization.