Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 25020000: Iron pyrites, unroasted

Iron pyrites, also known as fool's gold, is a naturally occurring mineral that contains sulfur and iron. It has a metallic luster and brassy yellow color, resembling gold. The HS Code 25020000 specifically refers to unroasted iron pyrites, which means it has not been subjected to any heating or treatment processes.

Iron pyrites has various applications in different industries, including:

• Metallurgy: Iron pyrites is often used as a source of sulfur in the production of sulfuric acid, which is a key component in many industrial processes.
• Fireworks: The bright sparks produced by burning iron pyrites make it a popular ingredient in fireworks and pyrotechnics.
• Jewelry: The gold-like appearance of iron pyrites has led to its use in jewelry as a substitute for gold.
• Flintlock firearms: In the past, iron pyrites was used in flintlock firearms as the material that created sparks to ignite the gunpowder.

When it comes to international trade, the HS Code 25020000 plays an important role in identifying and classifying shipments of unroasted iron pyrites. By using this code, customs authorities and traders can accurately track the import and export of this product.

Bound / MFN duty rate for HS Code 25020000 is free. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This promotes fair and equal trade among countries.

The quantity unit for iron pyrites is metric tons (T). This unit is commonly used in international trade to measure the weight or volume of goods being imported or exported.

In addition to the standard duty rate, there are special tariff preference programs applicable to HS Code 25020000. These programs offer preferential treatment or reduced duties to specific countries or regions. For example:

• Canada (CA) and Mexico (MX): Iron pyrites imported from these countries are eligible for duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Israel (IL): Iron pyrites imported from Israel also receive duty-free treatment under a special rate.
• Australia (AU), Bahrain (BH), Chile (CL), Morocco (MA), and Oman (OM): Iron pyrites imported from these countries have special rates that provide reduced duties.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Iron pyrites imported from this region are subject to a duty rate of 233.30%.
• Peru (PE): Iron pyrites imported from Peru have a special rate of 303.3%.
• Singapore (SG): Iron pyrites imported from Singapore receive duty-free treatment under a special rate.

Based on the data provided, it can be observed that the majority of iron pyrites imported into the United States comes from the state of Florida. Montana and Ohio are also significant exporting states, while North Carolina and Virginia are notable importing states.

HS Code 25020000 refers to unroasted iron pyrites, a mineral with various applications in industries such as metallurgy, fireworks, and jewelry. The code plays a crucial role in international trade by facilitating the classification and tracking of iron pyrites shipments. The special tariff preference programs associated with this HS code provide opportunities for reduced duties or duty-free treatment for specific countries or regions. Understanding and utilizing these programs can benefit both importers and exporters of iron pyrites.