HS Code 72092600: Iron/Nonalloy Steel, Width 600mm+, Cold-Rolled Flat-Rolled Products
Iron and nonalloy steel are widely used materials in various industries due to their strength, durability, and versatility. Understanding the HS code 72092600 is essential for businesses involved in international trade and import/export operations.
The HS code 72092600 refers to a specific category of iron or nonalloy steel products. It specifically encompasses cold-rolled flat-rolled products with a width of 600mm or more. These products are not in coils and have a thickness exceeding 1mm but less than 3mm. Additionally, they should not be clad, plated, or coated.
When importing or exporting products classified under HS code 72092600, it is crucial to be aware of the various regulations and tariffs associated with them. One such regulation is the bound or most-favored-nation (MFN) duty rate. This rate indicates the tariff that a country imposes on the importation of goods. The HS code 72092600 has a free duty rate, which means that no tariff is applied when importing these products.
Moreover, the concept of a special tariff preference program comes into play when dealing with HS code 72092600. These programs are established to promote trade and provide certain benefits to specific countries or regions. However, information about the special tariff preference programs applicable to this HS code is not provided in the given data.
The quantity unit for products classified under HS code 72092600 is kilograms (KG). This unit of measurement helps in determining the weight and quantity of the imported or exported goods accurately.
In terms of specific geographical locations, the data states that the importing US states for products falling under HS code 72092600 are Illinois, Oregon, and Pennsylvania. This information can be useful for businesses planning to target these states for their import operations. However, the exporting US states are not mentioned in the available data.
HS code 72092600 encompasses a specific category of iron or nonalloy steel products. It refers to cold-rolled flat-rolled products with a width of 600mm or more, not in coils, with a thickness exceeding 1mm but less than 3mm, and not clad, plated, or coated. Understanding the regulations, tariffs, and special tariff preference programs associated with this HS code is essential for businesses engaged in international trade. Additionally, knowing the specific importing and exporting US states can help in strategizing import/export operations.
More on HS code 72092600
