About HS Code 721923
This category encompasses flat-rolled stainless steel, specifically hot-rolled sheets with a width of 600mm or more, not in coils, and a thickness ranging from 3mm up to but not including 4.75mm. These medium-gauge stainless steel plates are vital for industries requiring good formability combined with corrosion resistance and strength. Unlike thinner gauges, they offer more structural integrity, making them suitable for applications where moderate load-bearing capacity is needed. Major importers are typically industrialized nations with significant manufacturing bases, such as the United States, Germany, Japan, and South Korea, which use these materials in automotive components, industrial tanks, and architectural cladding. Exporters often include large steel producers like China, India, and various European mills. The trade in these products is influenced by global economic growth, infrastructure projects, and the demand for durable goods. Buyers often look for specific stainless steel grades (e.g., 304, 316) and surface finishes, as these properties dictate the material's performance and aesthetic appeal in its final application.
Products Under This Code
Medium-gauge stainless steel sheets, Hot-rolled stainless steel plates, Industrial stainless steel flats, Stainless steel structural components, Corrosion-resistant sheet metal, Fabricated stainless steel panels
Real World Examples
Acerinox 304 hot-rolled sheets, Nippon Steel SUS316L plates, Jindal Stainless 201 hot-rolled sheets, ArcelorMittal stainless steel plates
Common Misclassification
Misclassification often occurs with 721922 (thicker hot-rolled plates) or 721924 (thinner hot-rolled plates) due to the subtle differences in thickness ranges, which are critical for customs classification.
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
Key importing nations include the USA, Germany, and Japan, with China and EU countries being prominent exporters.
Frequently Asked Questions
What is HS code 721923?
HS code 721923 covers: Steel, stainless; flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of 3mm or more but less than 4.75mm. This category encompasses flat-rolled stainless steel, specifically hot-rolled sheets with a width of 600mm or more, not in coils, and a thickness ranging from 3mm up to but not including 4.75mm. These medium-gauge stainless steel plates are vital for industries requiring good formability combined with corrosion resistance and strength. Unlike thinner gauges, they offer more structural integrity, making them suitable for applications where moderate load-bearing capacity is needed. Major importers are typically industrialized nations with significant manufacturing bases, such as the United States, Germany, Japan, and South Korea, which use these materials in automotive components, industrial tanks, and architectural cladding. Exporters often include large steel producers like China, India, and various European mills. The trade in these products is influenced by global economic growth, infrastructure projects, and the demand for durable goods. Buyers often look for specific stainless steel grades (e.g., 304, 316) and surface finishes, as these properties dictate the material's performance and aesthetic appeal in its final application.
What products fall under HS code 721923?
Medium-gauge stainless steel sheets, Hot-rolled stainless steel plates, Industrial stainless steel flats, Stainless steel structural components, Corrosion-resistant sheet metal, Fabricated stainless steel panels
What are common misclassifications for HS code 721923?
Misclassification often occurs with 721922 (thicker hot-rolled plates) or 721924 (thinner hot-rolled plates) due to the subtle differences in thickness ranges, which are critical for customs classification.
How is HS code 721923 structured?
HS code 721923 is a 6-digit subheading under the Harmonized System. The first 2 digits (72) identify the chapter, digits 3-4 (19) identify the heading, and digits 5-6 (23) specify the subheading. This code is standardized globally by the World Customs Organization.