About HS Code 740311
HS 740311 covers refined, unwrought copper in the form of cathodes and sections of cathodes. Copper cathodes are the primary product of electrolytic refining, boasting a high purity level, typically 99.99% copper. These large, flat plates are a benchmark for global copper trade, often referred to as LME Grade A copper, and serve as the fundamental raw material for a vast array of downstream manufacturing processes. They are melted down and cast into various shapes like wire-bars, billets, or used directly in alloying. The trade in cathodes is a critical indicator of global industrial demand, with major producers supplying manufacturers of electrical wire, tubing, and other copper products worldwide. Importers are typically industrial nations with significant manufacturing sectors, while exporters are countries with large-scale refining operations.
Products Under This Code
Copper cathodes, LME Grade A cathodes, electrolytic copper cathodes, cathode sections, refined copper plates
Real World Examples
LME Grade A copper cathodes, COMEX copper cathodes, Aurubis cathodes, Codelco cathodes
Common Misclassification
While also refined unwrought copper, cathodes are distinct from wire-bars (740312) and billets (740313) due to their specific production method and typical flat plate shape.
Products Classified Under 7403.11
Industry
This code belongs to the Metals & Metal Products industry.
Trade Overview
China is the largest importer, while Chile, Democratic Republic of Congo, and Japan are major exporters.
Frequently Asked Questions
What is HS code 740311?
HS code 740311 covers: Copper; refined, unwrought, cathodes and sections of cathodes. HS 740311 covers refined, unwrought copper in the form of cathodes and sections of cathodes. Copper cathodes are the primary product of electrolytic refining, boasting a high purity level, typically 99.99% copper. These large, flat plates are a benchmark for global copper trade, often referred to as LME Grade A copper, and serve as the fundamental raw material for a vast array of downstream manufacturing processes. They are melted down and cast into various shapes like wire-bars, billets, or used directly in alloying. The trade in cathodes is a critical indicator of global industrial demand, with major producers supplying manufacturers of electrical wire, tubing, and other copper products worldwide. Importers are typically industrial nations with significant manufacturing sectors, while exporters are countries with large-scale refining operations.
What products fall under HS code 740311?
Copper cathodes, LME Grade A cathodes, electrolytic copper cathodes, cathode sections, refined copper plates
What are common misclassifications for HS code 740311?
While also refined unwrought copper, cathodes are distinct from wire-bars (740312) and billets (740313) due to their specific production method and typical flat plate shape.
How is HS code 740311 structured?
HS code 740311 is a 6-digit subheading under the Harmonized System. The first 2 digits (74) identify the chapter, digits 3-4 (03) identify the heading, and digits 5-6 (11) specify the subheading. This code is standardized globally by the World Customs Organization.