The HS Code 72132000 refers to a specific classification for free-cutting steel, bars, and rods that are in irregularly wound coils and are hot-rolled. This HS code is used to categorize and identify this particular type of steel product for international trade purposes. Understanding the details and specifications of this HS code is important for both importers and exporters of this product.
Free-cutting steel is a type of steel that is specifically designed to have improved machinability, making it easier to cut and shape. It is commonly used in various industries such as automotive, manufacturing, and construction. The bars and rods in irregularly wound coils are a specific form of packaging for this steel product, where the steel is coiled in an irregular manner for ease of transportation and handling.
Hot-rolled refers to the manufacturing process of this steel product. It involves heating the steel above its recrystallization temperature and then rolling it into the desired shape and size. This process gives the steel its final form and properties.
The bound / MFN duty rate for the HS Code 72132000 is free. This means that there are no import duties or tariffs imposed on this steel product when it is traded between countries. This duty rate is applicable every time a country lowers a trade barrier or opens up a market, as it has to do so for the same goods or services from all its trading partners. This encourages fair and equal trade among countries.
The quantity unit for the HS Code 72132000 is kilograms (KG). This means that the weight of the free-cutting steel, bars, and rods in irregularly wound coils is measured in kilograms when it is traded internationally. Kilograms is a standard unit of measurement commonly used in the trade of various products.
There are no specific special tariff preference programs associated with the HS Code 72132000 mentioned in the provided data. However, it is important for importers and exporters to stay updated with any changes or developments in trade agreements and tariff preference programs that may affect the trade of this steel product.
the HS Code 72132000 represents free-cutting steel, bars, and rods in irregularly wound coils that are hot-rolled. This HS code is important for accurately classifying and identifying this steel product for international trade purposes. Importers and exporters need to be familiar with the details and specifications of this HS code to ensure smooth and compliant trade transactions.