Metal-rolling mills play a crucial role in the manufacturing industry, particularly in the production of various metal products. One specific type of metal-rolling mill covered under HS Code 84552200 is the cold rolling mill. In this article, we will explore the details of this HS Code, its product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 84552200 covers metal-rolling mills that are specifically designed for cold rolling applications. Unlike tube mills, which are used for producing tubes or pipes, these mills are utilized for rolling various metal products at low temperatures. Cold rolling is a process that involves reducing the thickness and enhancing the surface finish of metal sheets or strips without the use of heat.
These metal-rolling mills are essential in industries such as automotive, construction, and appliances, where high-quality metal sheets or strips are required for further processing into finished products.
The bound or Most Favored Nation (MFN) duty rate for HS Code 84552200 is free. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate of zero for the same goods or services from all its trading partners. Therefore, there are no additional duties levied on imports or exports of metal-rolling mills for cold rolling under this HS Code.
The quantity unit for HS Code 84552200 is a number (NO), which indicates the number of metal-rolling mills being imported or exported. The specific quantity may vary depending on the transaction and the size of the mills being traded.
Special tariff preference programs are trade agreements or arrangements between countries that provide certain benefits or preferential treatment to specific goods or services. While the HS Code 84552200 does not explicitly mention any special tariff preference programs, it is essential to be aware of any regional or bilateral trade agreements that may impact the import or export of metal-rolling mills.
For instance, the United States has several preferential trade programs, such as the Generalized System of Preferences (GSP), which provides duty-free treatment for eligible products from designated beneficiary countries. It is crucial for importers and exporters to stay informed about such programs to take advantage of potential cost savings or market access opportunities.
The import and export of metal-rolling mills under HS Code 84552200 occur between various states within the United States. The specific states involved in these transactions may vary depending on the manufacturing capabilities and demand for metal products.
Some of the major importing states in the US include California, Texas, Illinois, New York, and Ohio, which have significant industrial manufacturing sectors. On the other hand, exporting states may include states with large steel or metal production facilities, such as Indiana, Pennsylvania, Michigan, and Alabama.
Understanding the importing and exporting states can help identify potential business opportunities, facilitate supply chain management, and promote economic growth within the metal industry.
The HS Code 84552200 covers metal-rolling mills designed for cold rolling applications. These mills play a vital role in the manufacturing industry, enabling the production of high-quality metal sheets or strips used in various sectors. With a zero-bound / MFN duty rate, there are no additional duties levied on the import or export of these mills. Stay informed about special tariff preference programs and consider the importing and exporting states to maximize business opportunities in the metal-rolling mill industry.