About HS Code 760120
This HS code covers unwrought aluminum alloys, which are aluminum combined with other elements like silicon, magnesium, or zinc to enhance specific properties such as strength, corrosion resistance, or castability. These alloys are traded globally in primary forms like ingots, billets, or slabs, serving as foundational raw materials for a vast array of manufacturing industries. Key importers and exporters include automotive, aerospace, construction, and packaging sectors, where the specific alloy composition dictates its suitability for end-use applications. The market value and trade patterns are influenced by global industrial demand and aluminum prices. The 'CBAM' designation indicates that imports into the EU may be subject to the Carbon Border Adjustment Mechanism, impacting trade dynamics.
Products Under This Code
Aluminum alloy ingots, aluminum alloy billets, aluminum alloy slabs, primary aluminum alloys, secondary aluminum alloys, casting aluminum alloys, wrought aluminum alloys
Real World Examples
Alcoa aluminum alloy ingots, Rio Tinto aluminum alloy billets, Hydro aluminum alloy slabs, Rusal aluminum alloys
Common Misclassification
This code is often confused with unwrought non-alloyed aluminum (760110) due to the subtle distinction of 'alloys' versus 'not alloyed' in their composition.
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 7601.20
Industry
This code belongs to the Metals & Metal Products industry.
Trade Overview
China, Russia, Canada, and the UAE are major producers and exporters, while the USA, Germany, and Japan are significant importers.
Frequently Asked Questions
What is HS code 760120?
HS code 760120 covers: Aluminium; unwrought, alloys. This HS code covers unwrought aluminum alloys, which are aluminum combined with other elements like silicon, magnesium, or zinc to enhance specific properties such as strength, corrosion resistance, or castability. These alloys are traded globally in primary forms like ingots, billets, or slabs, serving as foundational raw materials for a vast array of manufacturing industries. Key importers and exporters include automotive, aerospace, construction, and packaging sectors, where the specific alloy composition dictates its suitability for end-use applications. The market value and trade patterns are influenced by global industrial demand and aluminum prices. The 'CBAM' designation indicates that imports into the EU may be subject to the Carbon Border Adjustment Mechanism, impacting trade dynamics.
What products fall under HS code 760120?
Aluminum alloy ingots, aluminum alloy billets, aluminum alloy slabs, primary aluminum alloys, secondary aluminum alloys, casting aluminum alloys, wrought aluminum alloys
What are common misclassifications for HS code 760120?
This code is often confused with unwrought non-alloyed aluminum (760110) due to the subtle distinction of 'alloys' versus 'not alloyed' in their composition.
How is HS code 760120 structured?
HS code 760120 is a 6-digit subheading under the Harmonized System. The first 2 digits (76) identify the chapter, digits 3-4 (01) identify the heading, and digits 5-6 (20) specify the subheading. This code is standardized globally by the World Customs Organization.