About HS Code 720916
This HS code encompasses cold-rolled flat products of non-alloy steel, supplied in coils, with a width of 600mm or more and a thickness between 1mm and 3mm. These materials are highly valued in international trade for their superior surface finish, dimensional accuracy, and enhanced mechanical properties compared to hot-rolled steel. Major importers are typically manufacturing industries, including automotive, appliance, and construction sectors, which require high-quality steel for stamping, forming, and fabrication. Key exporters are large integrated steel mills in countries with advanced steel production capabilities. Understanding the specific grade, temper, and surface treatment is crucial for trade, as these factors significantly impact application and value. The global supply chain for these coils is robust, driven by demand for durable and aesthetically pleasing end-products.
Products Under This Code
Cold-rolled steel coils for automotive panels, CR steel for appliance casings, structural cold-rolled steel, deep drawing quality CR steel, high-strength low-alloy CR steel, general purpose CR coils
Real World Examples
ArcelorMittal cold-rolled coils, POSCO CR steel, Nippon Steel CR sheets, ThyssenKrupp cold-rolled products, JFE Steel CR coils
Common Misclassification
Often confused with hot-rolled steel (7208) due to similar dimensions, but cold-rolled has superior surface finish and tighter tolerances. Also, alloy steel versions (7225) are distinct.
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 7209.16
Industry
This code belongs to the Metals & Metal Products industry.
Trade Overview
China, Japan, and South Korea are major exporters, while the EU, USA, and Southeast Asian nations are significant importers.
Frequently Asked Questions
What is HS code 720916?
HS code 720916 covers: Iron or non-alloy steel; in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm. This HS code encompasses cold-rolled flat products of non-alloy steel, supplied in coils, with a width of 600mm or more and a thickness between 1mm and 3mm. These materials are highly valued in international trade for their superior surface finish, dimensional accuracy, and enhanced mechanical properties compared to hot-rolled steel. Major importers are typically manufacturing industries, including automotive, appliance, and construction sectors, which require high-quality steel for stamping, forming, and fabrication. Key exporters are large integrated steel mills in countries with advanced steel production capabilities. Understanding the specific grade, temper, and surface treatment is crucial for trade, as these factors significantly impact application and value. The global supply chain for these coils is robust, driven by demand for durable and aesthetically pleasing end-products.
What products fall under HS code 720916?
Cold-rolled steel coils for automotive panels, CR steel for appliance casings, structural cold-rolled steel, deep drawing quality CR steel, high-strength low-alloy CR steel, general purpose CR coils
What are common misclassifications for HS code 720916?
Often confused with hot-rolled steel (7208) due to similar dimensions, but cold-rolled has superior surface finish and tighter tolerances. Also, alloy steel versions (7225) are distinct.
How is HS code 720916 structured?
HS code 720916 is a 6-digit subheading under the Harmonized System. The first 2 digits (72) identify the chapter, digits 3-4 (09) identify the heading, and digits 5-6 (16) specify the subheading. This code is standardized globally by the World Customs Organization.