HS Code 26180000: Granulated Slag from the Manufacture of Iron or Steel
Granulated slag, also known as slag sand, is a byproduct of the iron or steel manufacturing process. It is a granular material that is produced when molten slag is rapidly cooled by water or air. This process converts the molten slag into a glassy granular material that is commonly used in construction and various industrial applications.
HS Code 26180000 specifically refers to granulated slag from the manufacture of iron or steel. This code is used to classify and identify this particular type of slag in international trade. It helps customs authorities and traders accurately categorize and track the import and export of granulated slag.
One of the key aspects of HS Code 26180000 is the bound or most-favored-nation (MFN) duty rate. The bound duty rate for this HS code is free. This means that when a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This encourages fair and equal treatment of imported granulated slag from different countries.
The quantity unit for granulated slag is metric tons (T). This unit of measurement is commonly used in international trade to quantify the volume or weight of goods being imported or exported. It allows for standardized calculations and comparisons of trade volumes across different countries.
In addition to the duty rate, there are special tariff preference programs associated with HS Code 26180000. These programs provide certain countries with preferential treatment and lower or duty-free rates for importing granulated slag. Some of the programs include:
- A+: Only imports from least-developed beneficiary developing countries eligible for GSP under that subheading (duty-free treatment)
- Australia Special Rate
- Bahrain Special Rate
- NAFTA for Canada (duty-free treatment)
- Chile Special Rate
- Africa Growth and Opportunity Act (AGOA) (duty-free treatment)
- Caribbean Basin Initiative (CBI)
- Israel Special Rate (duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
- Singapore Special Rate
These special tariff preference programs aim to promote trade and economic development between countries by providing favorable conditions for importing granulated slag.
When it comes to the United States, the importing states for HS Code 26180000 include Louisiana, Arizona, and Idaho. These states are actively involved in the importation of granulated slag for various purposes such as construction projects, manufacturing, and infrastructure development.
On the other hand, the exporting states for granulated slag in the US are Alaska, Idaho, Missouri, Iowa, Arizona, Colorado, Montana, Utah, and Nevada. These states have a significant production capacity for granulated slag and export it to meet the demand in other states and countries.
HS Code 26180000 pertains to granulated slag from the manufacture of iron or steel. It is a versatile material used in construction and industrial applications. The code helps classify and track the import and export of granulated slag, ensuring fair trade practices. The special tariff preference programs and the involvement of specific US states in the import and export of granulated slag further highlight the economic significance of this HS code.
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