About HS Code 720221
This category covers high-grade ferro-silicon, specifically those containing more than 55% silicon by weight. Ferro-silicon is a vital ferro-alloy primarily used in the steel and foundry industries as a deoxidizer, a graphitizing agent in cast iron, and an alloying element to improve the strength, hardness, and elasticity of steel. The high silicon content makes this particular grade highly effective for these applications, especially in the production of electrical steels, stainless steels, and other high-performance alloys. International trade is significant, with major steel-producing nations being the primary importers, seeking to enhance their metallurgical processes. Exporters are typically countries with abundant silica resources and access to affordable electricity, as ferro-silicon production is highly energy-intensive. Understanding the global steel market's health and energy prices is crucial for participants in this trade, as these factors directly impact demand and production costs.
Products Under This Code
High-silicon ferrosilicon, FeSi 75%, FeSi 90%, Atomized ferrosilicon, Granulated ferrosilicon (high Si), Ferrosilicon lumps (high Si), Silicon metal alloy
Real World Examples
Elkem FeSi 75, Rima Group high-silicon ferrosilicon, Ferroglobe FeSi 75, Erdos Ferrosilicon
Common Misclassification
This code can be confused with 720229 (ferro-silicon with 55% or less silicon) due to the silicon content threshold, leading to different tariff rates and suitability for specific metallurgical applications. It should also be distinguished from pure silicon (280461).
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
Top importers include Japan, Germany, and the USA, while major exporters are China, Norway, and Russia.
Frequently Asked Questions
What is HS code 720221?
HS code 720221 covers: Ferro-alloys; ferro-silicon, containing by weight more than 55% of silicon. This category covers high-grade ferro-silicon, specifically those containing more than 55% silicon by weight. Ferro-silicon is a vital ferro-alloy primarily used in the steel and foundry industries as a deoxidizer, a graphitizing agent in cast iron, and an alloying element to improve the strength, hardness, and elasticity of steel. The high silicon content makes this particular grade highly effective for these applications, especially in the production of electrical steels, stainless steels, and other high-performance alloys. International trade is significant, with major steel-producing nations being the primary importers, seeking to enhance their metallurgical processes. Exporters are typically countries with abundant silica resources and access to affordable electricity, as ferro-silicon production is highly energy-intensive. Understanding the global steel market's health and energy prices is crucial for participants in this trade, as these factors directly impact demand and production costs.
What products fall under HS code 720221?
High-silicon ferrosilicon, FeSi 75%, FeSi 90%, Atomized ferrosilicon, Granulated ferrosilicon (high Si), Ferrosilicon lumps (high Si), Silicon metal alloy
What are common misclassifications for HS code 720221?
This code can be confused with 720229 (ferro-silicon with 55% or less silicon) due to the silicon content threshold, leading to different tariff rates and suitability for specific metallurgical applications. It should also be distinguished from pure silicon (280461).
How is HS code 720221 structured?
HS code 720221 is a 6-digit subheading under the Harmonized System. The first 2 digits (72) identify the chapter, digits 3-4 (02) identify the heading, and digits 5-6 (21) specify the subheading. This code is standardized globally by the World Customs Organization.