Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 72021150: Ferromanganese containing by weight more than 4 percent of carbon

The HS Code 72021150 refers to a specific type of ferromanganese that contains more than 4 percent of carbon by weight. This article will provide an extensive overview of this product, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.

Product Description

Ferromanganese is an alloy composed of iron and manganese, with carbon added to enhance its properties. The HS Code 72021150 specifically identifies ferromanganese that contains more than 4 percent of carbon by weight. This alloy is widely used in the steel industry as a deoxidizing and desulfurizing agent, as well as for improving the strength and hardness of steel.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 72021150 is 1.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The 1.5% duty rate applies to imports of this product regardless of the origin country.

Quantity Unit

The quantity unit for HS Code 72021150 is kilograms (KG). This means that the weight of the product is measured in kilograms when imported or exported.

Special Tariff Preference Programs

There are several special tariff preference programs applicable to imports of HS Code 72021150. These programs provide preferential treatment in terms of duty rates for specific countries. The following is a list of the programs and the corresponding duty rates:

• Free (A+, AU, BH, CA, CL, D, E, IL, J, JO, MX, OM, P, PE, SG): Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment.
• Australia Special Rate: Imports from Australia receive a special duty rate.
• Bahrain Special Rate: Imports from Bahrain receive a special duty rate.
• NAFTA (North American Free Trade Agreement) for Canada: Imports from Canada receive duty-free treatment.
• Chile Special Rate: Imports from Chile receive a special duty rate.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible African countries receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Imports from eligible Caribbean countries receive duty-free treatment.
• Israel Special Rate: Imports from Israel receive duty-free treatment.
• Andean Trade Preference Act (ATPA): Imports from eligible Andean countries receive duty-free treatment.
• Jordan Special Rate: Imports from Jordan receive a special duty rate.
• NAFTA for Mexico: Imports from Mexico receive duty-free treatment.
• Oman Special Rate: Imports from Oman receive a special duty rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible DR-CAFTA countries receive duty-free treatment.
• Peru Special Rate: Imports from Peru receive a special duty rate.
• Singapore Special Rate: Imports from Singapore receive a special duty rate.
• 0.6% (Morocco Special Rate): Imports from Morocco receive a special duty rate of 0.6%.

Importing and Exporting US States

When it comes to importing HS Code 72021150 into the United States, the following states are known to have significant import activities:

• Rhode Island
• Nevada
• Illinois
• Mississippi
• Ohio

On the other hand, Nevada is the only state known for exporting this product from the United States.

HS Code 72021150 refers to ferromanganese containing more than 4 percent of carbon by weight. This alloy has various applications in the steel industry and is subject to a 1.5% duty rate. Importers can take advantage of special tariff preference programs, depending on the origin country. Import activities for this product are significant in states like Rhode Island, Nevada, Illinois, Mississippi, and Ohio, while Nevada is the primary exporting state.