Iron ore|HS Code

Iron ore harmonized system code

Product Overview Iron Ore, classified under HS Code 2601, is a critical base material primarily used in the production of iron and steel. It is a mineral substance that contains metal in its chemical composition, predominantly iron, and is extracted from beneath the earth's surface. The product's key characteristics include its raw state, high iron content, and its typical forms, which can range from fine particles to larger lumps. Subcategories within the HS Code 2601 vary according to the iron content and the form of the product, such as non-agglomerated iron ores and concentrates (260111) and agglomerated iron ores and concentrates (260112). As a fundamental component of the global industrial sector, Iron Ore is crucial for construction, automotive, and other manufacturing industries where steel is extensively used. Its main value proposition lies in its universal demand, availability, and its fundamental role in steel production, making it an irreplaceable component in the global economy. HS Code Classification & Trade Specifications The complete HS Code structure for Iron Ore is 2601.11 for non-agglomerated iron ores and concentrates and 2601.12 for agglomerated iron ores and concentrates. The classification of Iron Ore under this specific code is due to its iron content and metallurgical properties, which align with the World Customs Organization's Harmonized Commodity Description and Coding System. Trade considerations include packaging in bulk form due to the heavy nature of the ore, preservation methods such as moisture control to prevent rusting, and shipping requirements that consider the product's weight and volume. Adherence to quality standards such as ISO 3082:2009 for Iron Ores, which specifies protocols for sampling and testing, is crucial for maintaining product quality and ensuring compliance with international trade regulations. The technical specifications of Iron Ore, such as its Fe (iron) content, moisture levels, and physical form, are vital aspects in international trade documentation and customs classification.

Iron ore Chapter Note

1.- This Chapter does not cover : (a) Slag or similar industrial waste prepared as macadam (heading 25.17); (b) Natural magnesium carbonate (magnesite), whether or not calcined (heading 25.19); (c) Sludges from the storage tanks of petroleum oils, consisting mainly of such oils (heading 27.10); (d) Basic slag of Chapter 31; (e) Slag wool, rock wool or similar mineral wools (heading 68.06); (f) Waste or scrap of precious metal or of metal clad with precious metal; other waste or scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal (heading 71.12 or 85.49); or (g) Copper, nickel or cobalt mattes produced by any process of smelting (Section XV). 2.- For the purposes of headings 26.01 to 26.17, the term “ores” means minerals of mineralogical species actually used in the metallurgical industry for the extraction of mercury, of the metals of heading 28.44 or of the metals of Section XIV or XV, even if they are intended for non-metallurgical purposes. Headings 26.01 to 26.17 do not, however, include minerals which have been submitted to processes not normal to the metallurgical industry. 3.- Heading 26.20 applies only to : (a) Slag, ash and residues of a kind used in industry either for the extraction of metals or as a basis for the manufacture of chemical compounds of metals, excluding ash and residues from the incineration of municipal waste (heading 26.21); and (b) Slag, ash and residues containing arsenic, whether or not containing metals, of a kind used either for the extraction of arsenic or metals or for the manufacture of their chemical compounds.