About HS Code 721123
This HS code covers flat-rolled iron or non-alloy steel, cold-rolled, with a width less than 600mm and a carbon content of less than 0.25% by weight. Cold rolling imparts superior surface finish, tighter dimensional tolerances, and improved strength compared to hot-rolled products. The low carbon content ensures good formability and weldability, making it ideal for applications requiring intricate shaping and a clean appearance. These materials are extensively used in appliances, automotive body panels, and precision stampings. Importers are typically advanced manufacturing economies, while exporters are specialized steel processors. Trade is driven by demand for high-quality, aesthetically pleasing, and precisely dimensioned steel.
Products Under This Code
Cold-rolled low carbon strips, appliance casings, automotive interior components, precision stampings, electrical conduit, furniture tubing, general purpose cold-rolled sheets.
Real World Examples
POSCO cold-rolled sheets for appliances, ArcelorMittal automotive grade cold-rolled steel, BlueScope Steel narrow cold-rolled strips, U.S. Steel low carbon cold-rolled coils, Tata Steel CRCA strips.
Common Misclassification
Can be confused with 7209 (cold-rolled, width 600mm or more) if width is not precisely measured, or 721129 if carbon content is incorrectly assessed.
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
Japan, Germany, and the USA are significant importers for their high-tech manufacturing, while China and Brazil are major exporters.
Frequently Asked Questions
What is HS code 721123?
HS code 721123 covers: Iron or non-alloy steel; flat-rolled, cold-rolled, of a width less than 600mm, containing by weight less than 0.25% of carbon. This HS code covers flat-rolled iron or non-alloy steel, cold-rolled, with a width less than 600mm and a carbon content of less than 0.25% by weight. Cold rolling imparts superior surface finish, tighter dimensional tolerances, and improved strength compared to hot-rolled products. The low carbon content ensures good formability and weldability, making it ideal for applications requiring intricate shaping and a clean appearance. These materials are extensively used in appliances, automotive body panels, and precision stampings. Importers are typically advanced manufacturing economies, while exporters are specialized steel processors. Trade is driven by demand for high-quality, aesthetically pleasing, and precisely dimensioned steel.
What products fall under HS code 721123?
Cold-rolled low carbon strips, appliance casings, automotive interior components, precision stampings, electrical conduit, furniture tubing, general purpose cold-rolled sheets.
What are common misclassifications for HS code 721123?
Can be confused with 7209 (cold-rolled, width 600mm or more) if width is not precisely measured, or 721129 if carbon content is incorrectly assessed.
How is HS code 721123 structured?
HS code 721123 is a 6-digit subheading under the Harmonized System. The first 2 digits (72) identify the chapter, digits 3-4 (11) identify the heading, and digits 5-6 (23) specify the subheading. This code is standardized globally by the World Customs Organization.