About HS Code 811241
This HS code encompasses unwrought rhenium, rhenium powders, and rhenium waste and scrap. Rhenium is one of the rarest and most expensive metals, primarily used as an alloying agent in high-temperature superalloys for jet engine components, where it significantly improves creep strength and high-temperature performance. It also finds applications in catalysts for petroleum refining, electrical contacts, and X-ray targets. Major importers are countries with advanced aerospace industries and petrochemical sectors, such as the United States, Germany, and Japan, which rely heavily on these high-performance materials. Exporters are typically countries that produce molybdenum, as rhenium is a byproduct of molybdenum mining, with Chile, Kazakhstan, and the United States being significant sources. Key considerations in this trade include its extreme scarcity, high price volatility, strategic importance for critical industries, and the increasing focus on recycling due to its high value and limited primary supply.
Products Under This Code
Unwrought rhenium, Rhenium powder, Rhenium pellets, Rhenium ingots, Rhenium waste, Rhenium scrap, Rhenium turnings
Real World Examples
Rhenium Alloys' rhenium powder, Molymet's rhenium products, specialized metal recyclers handling superalloy scrap
Common Misclassification
This code combines unwrought, powders, and waste/scrap for rhenium. It is crucial not to confuse it with wrought rhenium (811249) which covers processed forms.
Products Classified Under 8112.41
Industry
This code belongs to the Metals & Metal Products industry.
Trade Overview
The United States, Germany, and Japan are significant importers, while Chile, Kazakhstan, and the United States are key producers and exporters.
Frequently Asked Questions
What is HS code 811241?
HS code 811241 covers: Rhenium and articles thereof; unwrought, powders, waste and scrap. This HS code encompasses unwrought rhenium, rhenium powders, and rhenium waste and scrap. Rhenium is one of the rarest and most expensive metals, primarily used as an alloying agent in high-temperature superalloys for jet engine components, where it significantly improves creep strength and high-temperature performance. It also finds applications in catalysts for petroleum refining, electrical contacts, and X-ray targets. Major importers are countries with advanced aerospace industries and petrochemical sectors, such as the United States, Germany, and Japan, which rely heavily on these high-performance materials. Exporters are typically countries that produce molybdenum, as rhenium is a byproduct of molybdenum mining, with Chile, Kazakhstan, and the United States being significant sources. Key considerations in this trade include its extreme scarcity, high price volatility, strategic importance for critical industries, and the increasing focus on recycling due to its high value and limited primary supply.
What products fall under HS code 811241?
Unwrought rhenium, Rhenium powder, Rhenium pellets, Rhenium ingots, Rhenium waste, Rhenium scrap, Rhenium turnings
What are common misclassifications for HS code 811241?
This code combines unwrought, powders, and waste/scrap for rhenium. It is crucial not to confuse it with wrought rhenium (811249) which covers processed forms.
How is HS code 811241 structured?
HS code 811241 is a 6-digit subheading under the Harmonized System. The first 2 digits (81) identify the chapter, digits 3-4 (12) identify the heading, and digits 5-6 (41) specify the subheading. This code is standardized globally by the World Customs Organization.