About HS Code 721499
This code serves as a residual category for hot-rolled, hot-drawn, or hot-extruded bars and rods of iron or non-alloy steel, not elsewhere specified in heading 7214, and specifically 'other than of rectangular cross-section'. This includes common shapes like square, round, hexagonal, and octagonal bars, provided they don't fall into the more specific categories like deformed or free-cutting steel. These are fundamental industrial materials, widely used across a vast array of sectors, from general engineering and construction to automotive and agricultural machinery. Importers and exporters are diverse, reflecting the broad utility of these basic steel forms in global manufacturing and infrastructure. Trade volumes are consistently high due to their essential nature.
Products Under This Code
Square steel bars, round steel bars, hexagonal steel bars, octagonal steel bars, structural profiles, general purpose steel rods, shafting steel
Real World Examples
SSAB hot-rolled square bars, Outokumpu round bars, Nucor steel sections, Tata Steel general purpose bars
Common Misclassification
This code is often confused with 721491 (rectangular bars) or 721410 (general bars without specific features), requiring careful attention to cross-section shape and absence of other specific characteristics.
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 7214.99
Industry
This code belongs to the Metals & Metal Products industry.
Trade Overview
China, India, and Turkey are leading exporters, while the USA, Germany, and Mexico are significant importers for their diverse manufacturing needs.
Frequently Asked Questions
What is HS code 721499?
HS code 721499 covers: Iron or non-alloy steel; bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-section. This code serves as a residual category for hot-rolled, hot-drawn, or hot-extruded bars and rods of iron or non-alloy steel, not elsewhere specified in heading 7214, and specifically 'other than of rectangular cross-section'. This includes common shapes like square, round, hexagonal, and octagonal bars, provided they don't fall into the more specific categories like deformed or free-cutting steel. These are fundamental industrial materials, widely used across a vast array of sectors, from general engineering and construction to automotive and agricultural machinery. Importers and exporters are diverse, reflecting the broad utility of these basic steel forms in global manufacturing and infrastructure. Trade volumes are consistently high due to their essential nature.
What products fall under HS code 721499?
Square steel bars, round steel bars, hexagonal steel bars, octagonal steel bars, structural profiles, general purpose steel rods, shafting steel
What are common misclassifications for HS code 721499?
This code is often confused with 721491 (rectangular bars) or 721410 (general bars without specific features), requiring careful attention to cross-section shape and absence of other specific characteristics.
How is HS code 721499 structured?
HS code 721499 is a 6-digit subheading under the Harmonized System. The first 2 digits (72) identify the chapter, digits 3-4 (14) identify the heading, and digits 5-6 (99) specify the subheading. This code is standardized globally by the World Customs Organization.