About HS Code 720712
This HS code specifies semi-finished products of non-alloy steel with low carbon content (less than 0.25%), characterized by a rectangular cross-section that is not square. These are typically slabs or wide blooms, destined for further processing into flat-rolled products like plates, sheets, and strips. They represent a critical link in the steel supply chain, moving from primary steel producers to hot strip mills or plate mills. Major steel-producing nations in Asia, such as China, Japan, and South Korea, are prominent exporters, supplying manufacturing industries globally, including automotive, shipbuilding, and construction. The low carbon content ensures good formability and weldability, making them versatile for various applications.
Products Under This Code
Low carbon steel slabs, Rectangular blooms (non-square), Plate stock, Hot strip mill feedstock, Sheet bar, Coil box feed material
Real World Examples
Baosteel low carbon slabs, Hyundai Steel rectangular blooms, US Steel plate stock, JFE Steel hot strip feedstock
Common Misclassification
Easily confused with 720711 (square/rectangular, width less than twice thickness) or 720719 (other cross-sections). The 'other than square' rectangular cross-section is the defining characteristic.
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.
Products Classified Under 7207.12
Industry
This code belongs to the Metals & Metal Products industry.
Trade Overview
Major steel producers like China, Japan, and South Korea export these, while developing economies and manufacturing hubs import for downstream industries.
Frequently Asked Questions
What is HS code 720712?
HS code 720712 covers: Iron or non-alloy steel; semi-finished products of iron or non-alloy steel; containing by weight less than 0.25% of carbon, of rectangular (other than square) cross-section. This HS code specifies semi-finished products of non-alloy steel with low carbon content (less than 0.25%), characterized by a rectangular cross-section that is not square. These are typically slabs or wide blooms, destined for further processing into flat-rolled products like plates, sheets, and strips. They represent a critical link in the steel supply chain, moving from primary steel producers to hot strip mills or plate mills. Major steel-producing nations in Asia, such as China, Japan, and South Korea, are prominent exporters, supplying manufacturing industries globally, including automotive, shipbuilding, and construction. The low carbon content ensures good formability and weldability, making them versatile for various applications.
What products fall under HS code 720712?
Low carbon steel slabs, Rectangular blooms (non-square), Plate stock, Hot strip mill feedstock, Sheet bar, Coil box feed material
What are common misclassifications for HS code 720712?
Easily confused with 720711 (square/rectangular, width less than twice thickness) or 720719 (other cross-sections). The 'other than square' rectangular cross-section is the defining characteristic.
How is HS code 720712 structured?
HS code 720712 is a 6-digit subheading under the Harmonized System. The first 2 digits (72) identify the chapter, digits 3-4 (07) identify the heading, and digits 5-6 (12) specify the subheading. This code is standardized globally by the World Customs Organization.